YEARLY HIGH
1.6362 MAD
YEARLY LOW
1.0698 MAD
YEARLY AVERAGE
1.3683 MAD

2020 TRY to MAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the TRY to MAD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 16, valuing the pair at 1.6362. Conversely, the yearly low was recorded on November 7, dropping to 1.0698.

This high-to-low spread represents a total annual volatility of 0.5664 MAD. From a start-to-finish perspective, comparing the January average rate of 1.6216 to the December average rate of 1.1665, the exchange rate registered a net change of -28.07% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 1.6362 was down 11.09% compared to the 2019 peak of 1.8403, 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 81,808 MAD
2019 Average 84,715 MAD
Yearly Trough Low 53,490 MAD
Transaction Impact: A difference of 28,317.83 MAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

1.6690
1.1009
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 1.5109, compared to 1.2257 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.2852 points.

H1 Avg (Jan–Jun) 1.5109
H2 Avg (Jul–Dec) 1.2257

Volatility Range Comparison

Volatility

The most volatile month in 2020 was November, with a trading range of 0.1397 MAD (High: 1.2095 / Low: 1.0698). On the other end, January was the most stable month, with a tight range of 0.0320 MAD (High: 1.6362 / Low: 1.6042).

November Spread (Volatile) ±0.1397
January Spread (Stable) ±0.0320

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2020. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.1211 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.1211

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2020: 1.6216) against the same month in 2019 (average: 1.7791), the exchange rate shifted by -0.1575 (-8.85%).

2020 Avg (January) 1.6216
2019 Avg (January) 1.7791

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.6362 1.6042 1.6216
February 1.6143 1.5374 1.5953
March 1.5724 1.4846 1.5260
April 1.5508 1.4140 1.4799
May 1.4648 1.3752 1.4228
June 1.4522 1.4055 1.4199
July 1.4191 1.3367 1.3902
August 1.3472 1.2423 1.2690
September 1.2467 1.1851 1.2219
October 1.1927 1.1062 1.1586
November 1.2095 1.0698 1.1482
December 1.2079 1.1380 1.1665