2022 BRL to MAD Historical Review

YEARLY HIGH

2.1685 MAD

YEARLY LOW

1.6215 MAD

YEARLY AVERAGE

1.9701 MAD

2022 BRL to MAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the BRL to MAD exchange rate experienced significant fluctuation. The market reached its absolute peak on November 4, valuing the pair at 2.1685. Conversely, the yearly low was recorded on January 5, dropping to 1.6215.

This high-to-low spread represents a total annual volatility of 0.5470 MAD. From a start-to-finish perspective, comparing the January average rate of 1.6829 to the December average rate of 2.0047, the exchange rate registered a net change of 19.12% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 2.1685 was up 19.83% compared to the 2021 peak of 1.8097, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 25,000 BRL based on timing:

Yearly Peak High 54,211 MAD

2021 Average 41,690 MAD

Yearly Trough Low 40,537 MAD

Transaction Impact: A difference of 13,674.22 MAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

2.1226

1.6429

JanuMarcMayJulySeptNove

BRL 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 1.9200, compared to 2.0203 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1004 points.

H1 Avg (Jan–Jun) 1.9200

H2 Avg (Jul–Dec) 2.0203

Volatility Range Comparison

Volatility

The most volatile month in 2022 was March, with a trading range of 0.1986 MAD (High: 2.0495 / Low: 1.8509). On the other end, December was the most stable month, with a tight range of 0.0712 MAD (High: 2.0420 / Low: 1.9708).

March Spread (Volatile) ±0.1986

December Spread (Stable) ±0.0712

Growth Streaks & Declines

Trends

Between January and April, 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 June and July, when the average rate fell by 0.0685 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0685

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2022: 2.0431) against the same month in 2021 (average: 1.6488), the exchange rate shifted by +0.3943 (+23.92%).

2022 Avg (November) 2.0431

2021 Avg (November) 1.6488

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.7795	1.6215	1.6829
February	1.8815	1.7449	1.8059
March	2.0495	1.8509	1.9591
April	2.1276	1.9818	2.0706
May	2.0946	1.9438	2.0223
June	2.0688	1.9049	1.9789
July	1.9929	1.8514	1.9104
August	2.1012	1.9492	2.0267
September	2.1020	2.0033	2.0545
October	2.1249	2.0095	2.0826
November	2.1685	1.9743	2.0431
December	2.0420	1.9708	2.0047