2021 CHF to MAD Historical Review

YEARLY HIGH

10.1787 MAD

YEARLY LOW

9.5917 MAD

YEARLY AVERAGE

9.8358 MAD

2021 CHF to MAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the CHF to MAD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 10.1787. Conversely, the yearly low was recorded on April 1, dropping to 9.5917.

This high-to-low spread represents a total annual volatility of 0.5871 MAD. From a start-to-finish perspective, comparing the January average rate of 10.0371 to the December average rate of 10.0570, the exchange rate registered a net change of 0.20% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 10.1787 was down 4.05% compared to the 2020 peak of 10.6082, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 50,894 MAD

2020 Average 50,582 MAD

Yearly Trough Low 47,958 MAD

Transaction Impact: A difference of 2,935.34 MAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

10.0948

9.6408

JanuMarcMayJulySeptNove

CHF 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 9.8248, compared to 9.8468 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0220 points.

H1 Avg (Jan–Jun) 9.8248

H2 Avg (Jul–Dec) 9.8468

Volatility Range Comparison

Volatility

The most volatile month in 2021 was December, with a trading range of 0.2295 MAD (High: 10.1787 / Low: 9.9493). On the other end, May was the most stable month, with a tight range of 0.1070 MAD (High: 9.8569 / Low: 9.7499).

December Spread (Volatile) ±0.2295

May Spread (Stable) ±0.1070

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 February and March, when the average rate fell by 0.2811 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.2811

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2021: 10.0570) against the same month in 2020 (average: 10.1119), the exchange rate shifted by -0.0549 (-0.54%).

2021 Avg (December) 10.0570

2020 Avg (December) 10.1119

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	10.1083	9.9107	10.0371
February	10.0418	9.8152	9.9598
March	9.7824	9.6017	9.6786
April	9.8038	9.5917	9.7059
May	9.8569	9.7499	9.8093
June	9.8628	9.6397	9.7583
July	9.8514	9.6410	9.7471
August	9.8681	9.7279	9.8088
September	9.7705	9.6303	9.7193
October	9.9302	9.7439	9.8115
November	10.0549	9.8660	9.9370
December	10.1787	9.9493	10.0570