YEARLY HIGH
1.7548 SZL
YEARLY LOW
1.5278 SZL
YEARLY AVERAGE
1.6431 SZL

2021 MAD to SZL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the MAD to SZL exchange rate experienced significant fluctuation. The market reached its absolute peak on January 11, valuing the pair at 1.7548. Conversely, the yearly low was recorded on June 7, dropping to 1.5278.

This high-to-low spread represents a total annual volatility of 0.2270 SZL. From a start-to-finish perspective, comparing the January average rate of 1.6952 to the December average rate of 1.7153, the exchange rate registered a net change of 1.18% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 1.7548 was down 8.20% compared to the 2020 peak of 1.9115, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 8,774 SZL
2020 Average 8,665 SZL
Yearly Trough Low 7,639 SZL
Transaction Impact: A difference of 1,134.88 SZL purely based on transaction execution date.

āĻĒā§āϰāĻŦāĻŖāϤāĻžāϰ āϚāĻŋāĻ¤ā§āϰāĻžāϝāĻŧāύ

2021 āϏāĻžāϞ āϜ⧁āĻĄāĻŧ⧇ āĻŽāĻžāϏāĻŋāĻ• āĻ—āĻĄāĻŧ āĻ“āĻ āĻžāύāĻžāĻŽāĻžāĨ¤

1.7305
1.5478
JanuMarcMayJulySeptNove

MAD to SZL 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 1.6292, compared to 1.6570 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0277 points.

H1 Avg (Jan–Jun) 1.6292
H2 Avg (Jul–Dec) 1.6570

Volatility Range Comparison

Volatility

The most volatile month in 2021 was January, with a trading range of 0.1106 SZL (High: 1.7548 / Low: 1.6442). On the other end, April was the most stable month, with a tight range of 0.0379 SZL (High: 1.6331 / Low: 1.5952).

January Spread (Volatile) Âą0.1106
April Spread (Stable) Âą0.0379

Growth Streaks & Declines

Trends

Between September and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0511 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0511

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2021: 1.6952) against the same month in 2020 (average: 1.4943), the exchange rate shifted by +0.2010 (+13.45%).

2021 Avg (January) 1.6952
2020 Avg (January) 1.4943

āĻŽāĻžāϏāĻŋāĻ• āĻŦāĻŋāĻļā§āϞ⧇āώāĻŖ

āĻĒā§āϰāϤāĻŋāϟāĻŋ āĻ•ā§āϝāĻžāϞ⧇āĻ¨ā§āĻĄāĻžāϰ āĻŽāĻžāϏ⧇āϰ āĻĒāϰāĻŋāϏāĻ‚āĻ–ā§āϝāĻžāύāĻ—āϤ āϏāĻžāϰāϏāĻ‚āĻ•ā§āώ⧇āĻĒāĨ¤

Month High Low Average
January 1.7548 1.6442 1.6952
February 1.6768 1.6158 1.6515
March 1.7169 1.6359 1.6639
April 1.6331 1.5952 1.6128
May 1.6185 1.5552 1.5890
June 1.6072 1.5278 1.5630
July 1.6620 1.5859 1.6202
August 1.7003 1.6088 1.6510
September 1.6739 1.5764 1.6214
October 1.6813 1.5997 1.6422
November 1.7455 1.6536 1.6918
December 1.7487 1.6728 1.7153