2021 EUR to MAD Historical Review

YEARLY HIGH

10.9358 MAD

YEARLY LOW

10.3720 MAD

YEARLY AVERAGE

10.6337 MAD

2021 EUR to MAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the EUR to MAD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 10.9358. Conversely, the yearly low was recorded on November 24, dropping to 10.3720.

This high-to-low spread represents a total annual volatility of 0.5638 MAD. From a start-to-finish perspective, comparing the January average rate of 10.8353 to the December average rate of 10.4640, the exchange rate registered a net change of -3.43% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 10.9358 was down 3.26% compared to the 2020 peak of 11.3049, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 54,679 MAD

2020 Average 54,148 MAD

Yearly Trough Low 51,860 MAD

Transaction Impact: A difference of 2,819.24 MAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

10.8741

10.4081

JanuMarcMayJulySeptNove

EUR 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 10.7508, compared to 10.5165 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.2343 points.

H1 Avg (Jan–Jun) 10.7508

H2 Avg (Jul–Dec) 10.5165

Volatility Range Comparison

Volatility

The most volatile month in 2021 was June, with a trading range of 0.2307 MAD (High: 10.7945 / Low: 10.5638). On the other end, July was the most stable month, with a tight range of 0.0732 MAD (High: 10.6108 / Low: 10.5376).

June Spread (Volatile) ±0.2307

July Spread (Stable) ±0.0732

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2021. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.1009 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.1009

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2021: 10.8353) against the same month in 2020 (average: 10.6680), the exchange rate shifted by +0.1672 (+1.57%).

2021 Avg (January) 10.8353

2020 Avg (January) 10.6680

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	10.9358	10.7221	10.8353
February	10.8525	10.7777	10.8175
March	10.7970	10.6282	10.7165
April	10.7993	10.6389	10.7115
May	10.8241	10.7016	10.7542
June	10.7945	10.5638	10.6700
July	10.6108	10.5376	10.5743
August	10.5976	10.5036	10.5569
September	10.6060	10.4645	10.5561
October	10.5768	10.4379	10.5008
November	10.5429	10.3720	10.4469
December	10.5550	10.3908	10.4640