2022 BMD to MAD Historical Review

YEARLY HIGH

11.1065 MAD

YEARLY LOW

9.2070 MAD

YEARLY AVERAGE

10.1553 MAD

2022 BMD to MAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the BMD to MAD exchange rate experienced significant fluctuation. The market reached its absolute peak on September 28, valuing the pair at 11.1065. Conversely, the yearly low was recorded on January 13, dropping to 9.2070.

This high-to-low spread represents a total annual volatility of 1.8994 MAD. From a start-to-finish perspective, comparing the January average rate of 9.2902 to the December average rate of 10.5171, the exchange rate registered a net change of 13.21% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 11.1065 was up 19.09% compared to the 2021 peak of 9.3258, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 55,532 MAD

2021 Average 44,952 MAD

Yearly Trough Low 46,035 MAD

Transaction Impact: A difference of 9,497.15 MAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

11.1234

9.1235

JanuMarcMayJulySeptNove

BMD 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 9.7043, compared to 10.6062 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.9020 points.

H1 Avg (Jan–Jun) 9.7043

H2 Avg (Jul–Dec) 10.6062

Volatility Range Comparison

Volatility

The most volatile month in 2022 was September, with a trading range of 0.5825 MAD (High: 11.1065 / Low: 10.5240). On the other end, December was the most stable month, with a tight range of 0.1492 MAD (High: 10.5880 / Low: 10.4388).

September Spread (Volatile) ±0.5825

December Spread (Stable) ±0.1492

Growth Streaks & Declines

Trends

Between January and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.2625 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.2625

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2022: 10.7418) against the same month in 2021 (average: 8.9677), the exchange rate shifted by +1.7741 (+19.78%).

2022 Avg (September) 10.7418

2021 Avg (September) 8.9677

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	9.4394	9.2070	9.2902
February	9.5465	9.2974	9.3891
March	9.9798	9.5517	9.7337
April	9.9977	9.7001	9.8201
May	10.1337	9.8774	10.0016
June	10.1553	9.8248	9.9910
July	10.5032	10.0142	10.2318
August	10.5962	10.2325	10.4105
September	11.1065	10.5240	10.7418
October	11.0290	10.8225	10.9567
November	11.0317	10.6457	10.7796
December	10.5880	10.4388	10.5171