2022 GNF to MAD Historical Review

YEARLY HIGH

0.0013 MAD

YEARLY LOW

0.0010 MAD

YEARLY AVERAGE

0.0012 MAD

2022 GNF to MAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the GNF to MAD exchange rate experienced significant fluctuation. The market reached its absolute peak on November 6, valuing the pair at 0.0013. Conversely, the yearly low was recorded on January 3, dropping to 0.0010.

This high-to-low spread represents a total annual volatility of 0.0003 MAD. From a start-to-finish perspective, comparing the January average rate of 0.0010 to the December average rate of 0.0012, the exchange rate registered a net change of 18.40% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.0013 was up 28.06% compared to the 2021 peak of 0.0010, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 6 MAD

2021 Average 5 MAD

Yearly Trough Low 5 MAD

Transaction Impact: A difference of 1.43 MAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.0013

0.0010

JanuMarcMayJulySeptNove

GNF 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 0.0011, compared to 0.0012 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0011

H2 Avg (Jul–Dec) 0.0012

Volatility Range Comparison

Volatility

The most volatile month in 2022 was September, with a trading range of 0.0001 MAD (High: 0.0013 / Low: 0.0012). On the other end, October was the most stable month, with a tight range of 0.0000 MAD (High: 0.0013 / Low: 0.0012).

September Spread (Volatile) ±0.0001

October Spread (Stable) ±0.0000

Growth Streaks & Declines

Trends

Between January and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 9 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0000 points.

Longest Streak 9 Mo.

Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2022: 0.0012) against the same month in 2021 (average: 0.0010), the exchange rate shifted by +0.0003 (+29.23%).

2022 Avg (November) 0.0012

2021 Avg (November) 0.0010

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0010	0.0010	0.0010
February	0.0011	0.0010	0.0010
March	0.0011	0.0011	0.0011
April	0.0011	0.0011	0.0011
May	0.0012	0.0011	0.0011
June	0.0012	0.0011	0.0011
July	0.0012	0.0012	0.0012
August	0.0012	0.0012	0.0012
September	0.0013	0.0012	0.0012
October	0.0013	0.0012	0.0013
November	0.0013	0.0012	0.0012
December	0.0012	0.0012	0.0012