YEARLY HIGH
1.8403 MAD
YEARLY LOW
1.5664 MAD
YEARLY AVERAGE
1.6950 MAD

2019 TRY to MAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the TRY to MAD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 31, valuing the pair at 1.8403. Conversely, the yearly low was recorded on May 9, dropping to 1.5664.

This high-to-low spread represents a total annual volatility of 0.2738 MAD. From a start-to-finish perspective, comparing the January average rate of 1.7791 to the December average rate of 1.6429, the exchange rate registered a net change of -7.65% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 1.8403 was down 26.39% compared to the 2018 peak of 2.4999, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 50,000 TRY based on timing:

Yearly Peak High 92,015 MAD
2018 Average 99,793 MAD
Yearly Trough Low 78,322 MAD
Transaction Impact: A difference of 13,692.40 MAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

1.8296
1.5815
JanuMarcMayJulySeptNove

TRY 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 1.7109, compared to 1.6792 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0317 points.

H1 Avg (Jan–Jun) 1.7109
H2 Avg (Jul–Dec) 1.6792

Volatility Range Comparison

Volatility

The most volatile month in 2019 was April, with a trading range of 0.1369 MAD (High: 1.7544 / Low: 1.6175). On the other end, November was the most stable month, with a tight range of 0.0206 MAD (High: 1.6913 / Low: 1.6706).

April Spread (Volatile) ±0.1369
November Spread (Stable) ±0.0206

Growth Streaks & Declines

Trends

Between May and August, 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 March and April, when the average rate fell by 0.0839 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0839

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2019: 1.7791) against the same month in 2018 (average: 2.4536), the exchange rate shifted by -0.6745 (-27.49%).

2019 Avg (January) 1.7791
2018 Avg (January) 2.4536

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.8403 1.7243 1.7791
February 1.8347 1.7869 1.8089
March 1.7952 1.6686 1.7534
April 1.7544 1.6175 1.6695
May 1.6630 1.5664 1.6022
June 1.6905 1.6337 1.6521
July 1.7292 1.6685 1.6913
August 1.7416 1.6296 1.6980
September 1.7281 1.6538 1.6947
October 1.7039 1.6310 1.6668
November 1.6913 1.6706 1.6813
December 1.6807 1.6077 1.6429