2020 TJS to MAD Historical Review

YEARLY HIGH

1.0150 MAD

YEARLY LOW

0.7851 MAD

YEARLY AVERAGE

0.9238 MAD

2020 TJS to MAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the TJS to MAD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 23, valuing the pair at 1.0150. Conversely, the yearly low was recorded on December 17, dropping to 0.7851.

This high-to-low spread represents a total annual volatility of 0.2299 MAD. From a start-to-finish perspective, comparing the January average rate of 0.9912 to the December average rate of 0.7931, the exchange rate registered a net change of -19.98% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 1.0150 was down 1.67% compared to the 2019 peak of 1.0322, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 5,075 MAD

2019 Average 5,048 MAD

Yearly Trough Low 3,925 MAD

Transaction Impact: A difference of 1,149.42 MAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

1.0187

0.7726

JanuMarcMayJulySeptNove

TJS 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 0.9777, compared to 0.8699 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1079 points.

H1 Avg (Jan–Jun) 0.9777

H2 Avg (Jul–Dec) 0.8699

Volatility Range Comparison

Volatility

The most volatile month in 2020 was November, with a trading range of 0.0930 MAD (High: 0.8933 / Low: 0.8003). On the other end, January was the most stable month, with a tight range of 0.0080 MAD (High: 0.9953 / Low: 0.9873).

November Spread (Volatile) ±0.0930

January Spread (Stable) ±0.0080

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 October and November, when the average rate fell by 0.0723 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0723

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2020: 0.9854) against the same month in 2019 (average: 1.0191), the exchange rate shifted by -0.0337 (-3.31%).

2020 Avg (March) 0.9854

2019 Avg (March) 1.0191

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.9953	0.9873	0.9912
February	1.0044	0.9900	0.9982
March	1.0150	0.9619	0.9854
April	1.0089	0.9645	0.9904
May	0.9680	0.9551	0.9610
June	0.9546	0.9336	0.9403
July	0.9423	0.9031	0.9267
August	0.9077	0.8875	0.8949
September	0.9000	0.8847	0.8935
October	0.8976	0.8865	0.8916
November	0.8933	0.8003	0.8193
December	0.8213	0.7851	0.7931