YEARLY HIGH
1.4628 MAD
YEARLY LOW
1.3606 MAD
YEARLY AVERAGE
1.3935 MAD

2021 CNY to MAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the CNY to MAD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 18, valuing the pair at 1.4628. Conversely, the yearly low was recorded on January 11, dropping to 1.3606.

This high-to-low spread represents a total annual volatility of 0.1022 MAD. From a start-to-finish perspective, comparing the January average rate of 1.3755 to the December average rate of 1.4530, the exchange rate registered a net change of 5.63% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 1.4628 was up 0.51% compared to the 2020 peak of 1.4553, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 36,569 MAD
2020 Average 34,391 MAD
Yearly Trough Low 34,014 MAD
Transaction Impact: A difference of 2,555.42 MAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

1.4610
1.3647
JanuMarcMayJulySeptNove

CNY 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 1.3786, compared to 1.4084 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0299 points.

H1 Avg (Jan–Jun) 1.3786
H2 Avg (Jul–Dec) 1.4084

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 0.0363 MAD (High: 1.4530 / Low: 1.4167). On the other end, July was the most stable month, with a tight range of 0.0102 MAD (High: 1.3851 / Low: 1.3750).

November Spread (Volatile) ±0.0363
July Spread (Stable) ±0.0102

Growth Streaks & Declines

Trends

Between April and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0103 points.

Longest Streak 8 Mo.
Sharpest MoM Drop -0.0103

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2021: 1.4530) against the same month in 2020 (average: 1.3734), the exchange rate shifted by +0.0796 (+5.79%).

2021 Avg (December) 1.4530
2020 Avg (December) 1.3734

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.3925 1.3606 1.3755
February 1.3925 1.3717 1.3835
March 1.3885 1.3775 1.3830
April 1.3827 1.3669 1.3727
May 1.3891 1.3696 1.3771
June 1.3855 1.3729 1.3797
July 1.3851 1.3750 1.3805
August 1.3902 1.3767 1.3845
September 1.4062 1.3797 1.3888
October 1.4208 1.4019 1.4102
November 1.4530 1.4167 1.4337
December 1.4628 1.4438 1.4530