2022 ARS to MAD Historical Review

YEARLY HIGH

0.0919 MAD

YEARLY LOW

0.0589 MAD

YEARLY AVERAGE

0.0793 MAD

2022 ARS to MAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the ARS to MAD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 8, valuing the pair at 0.0919. Conversely, the yearly low was recorded on December 31, dropping to 0.0589.

This high-to-low spread represents a total annual volatility of 0.0330 MAD. From a start-to-finish perspective, comparing the January average rate of 0.0894 to the December average rate of 0.0611, the exchange rate registered a net change of -31.72% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.0919 was down 13.17% compared to the 2021 peak of 0.1059, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 460 MAD

2021 Average 474 MAD

Yearly Trough Low 295 MAD

Transaction Impact: A difference of 165.02 MAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.0923

0.0582

JanuMarcMayJulySeptNove

ARS 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 0.0866, compared to 0.0719 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0147 points.

H1 Avg (Jan–Jun) 0.0866

H2 Avg (Jul–Dec) 0.0719

Volatility Range Comparison

Volatility

The most volatile month in 2022 was November, with a trading range of 0.0060 MAD (High: 0.0699 / Low: 0.0639). On the other end, February was the most stable month, with a tight range of 0.0015 MAD (High: 0.0894 / Low: 0.0879).

November Spread (Volatile) ±0.0060

February Spread (Stable) ±0.0015

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2022. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0055 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0055

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2022: 0.0890) against the same month in 2021 (average: 0.0989), the exchange rate shifted by -0.0100 (-10.07%).

2022 Avg (March) 0.0890

2021 Avg (March) 0.0989

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0905	0.0887	0.0894
February	0.0894	0.0879	0.0883
March	0.0919	0.0865	0.0890
April	0.0875	0.0858	0.0867
May	0.0865	0.0822	0.0849
June	0.0825	0.0804	0.0814
July	0.0818	0.0782	0.0798
August	0.0781	0.0760	0.0769
September	0.0766	0.0733	0.0752
October	0.0745	0.0696	0.0721
November	0.0699	0.0639	0.0666
December	0.0632	0.0589	0.0611