YEARLY HIGH
0.0200 MAD
YEARLY LOW
0.0173 MAD
YEARLY AVERAGE
0.0185 MAD

2020 SYP to MAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the SYP to MAD exchange rate experienced significant fluctuation. The market reached its absolute peak on April 6, valuing the pair at 0.0200. Conversely, the yearly low was recorded on December 31, dropping to 0.0173.

This high-to-low spread represents a total annual volatility of 0.0027 MAD. From a start-to-finish perspective, comparing the January average rate of 0.0187 to the December average rate of 0.0175, the exchange rate registered a net change of -6.13% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.0200 was up 5.86% compared to the 2019 peak of 0.0189, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 SYP based on timing:

Yearly Peak High 100 MAD
2019 Average 93 MAD
Yearly Trough Low 87 MAD
Transaction Impact: A difference of 13.52 MAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.0200
0.0173
JanuMarcMayJulySeptNove

SYP to MAD Seasonal Trends & Volatility Analysis

A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.

Seasonal Halves (H1 vs H2)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 0.0190, compared to 0.0180 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0010 points.

H1 Avg (Jan–Jun) 0.0190
H2 Avg (Jul–Dec) 0.0180

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0014 MAD (High: 0.0196 / Low: 0.0183). On the other end, January was the most stable month, with a tight range of 0.0002 MAD (High: 0.0187 / Low: 0.0186).

March Spread (Volatile) ±0.0014
January Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

Between January and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.0006 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0006

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2020: 0.0197) against the same month in 2019 (average: 0.0187), the exchange rate shifted by +0.0010 (+5.47%).

2020 Avg (April) 0.0197
2019 Avg (April) 0.0187

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0187 0.0186 0.0187
February 0.0189 0.0186 0.0188
March 0.0196 0.0183 0.0188
April 0.0200 0.0193 0.0197
May 0.0193 0.0190 0.0192
June 0.0191 0.0188 0.0189
July 0.0189 0.0182 0.0186
August 0.0182 0.0179 0.0180
September 0.0181 0.0178 0.0180
October 0.0181 0.0179 0.0180
November 0.0180 0.0177 0.0178
December 0.0181 0.0173 0.0175