2022 BWP to MAD Historical Review

YEARLY HIGH

0.8547 MAD

YEARLY LOW

0.7848 MAD

YEARLY AVERAGE

0.8213 MAD

2022 BWP to MAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the BWP to MAD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 8, valuing the pair at 0.8547. Conversely, the yearly low was recorded on January 5, dropping to 0.7848.

This high-to-low spread represents a total annual volatility of 0.0698 MAD. From a start-to-finish perspective, comparing the January average rate of 0.8003 to the December average rate of 0.8161, the exchange rate registered a net change of 1.97% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.8547 was up 2.11% compared to the 2021 peak of 0.8370, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 4,273 MAD

2021 Average 4,056 MAD

Yearly Trough Low 3,924 MAD

Transaction Impact: A difference of 349.20 MAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.8442

0.7963

JanuMarcMayJulySeptNove

BWP 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 0.8235, compared to 0.8191 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0043 points.

H1 Avg (Jan–Jun) 0.8235

H2 Avg (Jul–Dec) 0.8191

Volatility Range Comparison

Volatility

The most volatile month in 2022 was March, with a trading range of 0.0385 MAD (High: 0.8547 / Low: 0.8161). On the other end, May was the most stable month, with a tight range of 0.0113 MAD (High: 0.8293 / Low: 0.8181).

March Spread (Volatile) ±0.0385

May Spread (Stable) ±0.0113

Growth Streaks & Declines

Trends

Between January and March, 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 April and May, when the average rate fell by 0.0152 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0152

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2022: 0.8402) against the same month in 2021 (average: 0.8150), the exchange rate shifted by +0.0253 (+3.10%).

2022 Avg (March) 0.8402

2021 Avg (March) 0.8150

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.8135	0.7848	0.8003
February	0.8230	0.8028	0.8138
March	0.8547	0.8161	0.8402
April	0.8543	0.8239	0.8396
May	0.8293	0.8181	0.8245
June	0.8354	0.8147	0.8225
July	0.8230	0.7975	0.8102
August	0.8365	0.8119	0.8230
September	0.8355	0.8100	0.8217
October	0.8282	0.8067	0.8191
November	0.8341	0.8057	0.8247
December	0.8215	0.8068	0.8161