2019 ZAR to MAD Historical Review

YEARLY HIGH

0.7188 MAD

YEARLY LOW

0.6186 MAD

YEARLY AVERAGE

0.6662 MAD

2019 ZAR to MAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the ZAR to MAD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 31, valuing the pair at 0.7188. Conversely, the yearly low was recorded on August 25, dropping to 0.6186.

This high-to-low spread represents a total annual volatility of 0.1002 MAD. From a start-to-finish perspective, comparing the January average rate of 0.6893 to the December average rate of 0.6687, the exchange rate registered a net change of -2.98% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.7188 was down 9.94% compared to the 2018 peak of 0.7981, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 35,938 MAD

2018 Average 35,632 MAD

Yearly Trough Low 30,929 MAD

Transaction Impact: A difference of 5,009.15 MAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.6971

0.6257

JanuMarcMayJulySeptNove

ZAR 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 0.6768, compared to 0.6556 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0212 points.

H1 Avg (Jan–Jun) 0.6768

H2 Avg (Jul–Dec) 0.6556

Volatility Range Comparison

Volatility

The most volatile month in 2019 was January, with a trading range of 0.0590 MAD (High: 0.7188 / Low: 0.6598). On the other end, March was the most stable month, with a tight range of 0.0172 MAD (High: 0.6777 / Low: 0.6605).

January Spread (Volatile) ±0.0590

March Spread (Stable) ±0.0172

Growth Streaks & Declines

Trends

Between October and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.0502 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0502

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2019: 0.6893) against the same month in 2018 (average: 0.7591), the exchange rate shifted by -0.0698 (-9.20%).

2019 Avg (January) 0.6893

2018 Avg (January) 0.7591

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.7188	0.6598	0.6893
February	0.7147	0.6759	0.6912
March	0.6777	0.6605	0.6679
April	0.6919	0.6686	0.6814
May	0.6802	0.6580	0.6713
June	0.6803	0.6425	0.6596
July	0.6925	0.6724	0.6819
August	0.6596	0.6186	0.6317
September	0.6622	0.6336	0.6508
October	0.6615	0.6336	0.6485
November	0.6595	0.6396	0.6523
December	0.6841	0.6519	0.6687