2021 DJF to MAD Historical Review

YEARLY HIGH

0.0522 MAD

YEARLY LOW

0.0494 MAD

YEARLY AVERAGE

0.0505 MAD

2021 DJF to MAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the DJF to MAD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 0.0522. Conversely, the yearly low was recorded on May 25, dropping to 0.0494.

This high-to-low spread represents a total annual volatility of 0.0028 MAD. From a start-to-finish perspective, comparing the January average rate of 0.0500 to the December average rate of 0.0520, the exchange rate registered a net change of 4.00% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.0522 was down 9.77% compared to the 2020 peak of 0.0579, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 261 MAD

2020 Average 267 MAD

Yearly Trough Low 247 MAD

Transaction Impact: A difference of 13.94 MAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.0522

0.0495

JanuMarcMayJulySeptNove

DJF 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 0.0501, compared to 0.0509 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0008 points.

H1 Avg (Jan–Jun) 0.0501

H2 Avg (Jul–Dec) 0.0509

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 0.0011 MAD (High: 0.0520 / Low: 0.0509). On the other end, October was the most stable month, with a tight range of 0.0003 MAD (High: 0.0510 / Low: 0.0507).

November Spread (Volatile) ±0.0011

October Spread (Stable) ±0.0003

Growth Streaks & Declines

Trends

Between May and August, 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 April and May, when the average rate fell by 0.0006 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0006

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2021: 0.0520) against the same month in 2020 (average: 0.0505), the exchange rate shifted by +0.0015 (+3.03%).

2021 Avg (December) 0.0520

2020 Avg (December) 0.0505

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0504	0.0495	0.0500
February	0.0506	0.0500	0.0502
March	0.0510	0.0502	0.0506
April	0.0509	0.0500	0.0503
May	0.0502	0.0494	0.0497
June	0.0501	0.0495	0.0498
July	0.0504	0.0501	0.0502
August	0.0506	0.0500	0.0504
September	0.0509	0.0501	0.0504
October	0.0510	0.0507	0.0509
November	0.0520	0.0509	0.0515
December	0.0522	0.0517	0.0520