YEARLY HIGH
4.6264 MAD
YEARLY LOW
4.3654 MAD
YEARLY AVERAGE
4.4603 MAD

2021 BZD to MAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the BZD to MAD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 18, valuing the pair at 4.6264. Conversely, the yearly low was recorded on May 25, dropping to 4.3654.

This high-to-low spread represents a total annual volatility of 0.2610 MAD. From a start-to-finish perspective, comparing the January average rate of 4.4161 to the December average rate of 4.5910, the exchange rate registered a net change of 3.96% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 4.6264 was down 10.06% compared to the 2020 peak of 5.1438, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 23,132 MAD
2020 Average 23,564 MAD
Yearly Trough Low 21,827 MAD
Transaction Impact: A difference of 1,305.06 MAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

4.6108
4.3730
JanuMarcMayJulySeptNove

BZD 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 4.4262, compared to 4.4944 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0682 points.

H1 Avg (Jan–Jun) 4.4262
H2 Avg (Jul–Dec) 4.4944

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 0.1013 MAD (High: 4.5956 / Low: 4.4943). On the other end, October was the most stable month, with a tight range of 0.0281 MAD (High: 4.5062 / Low: 4.4781).

November Spread (Volatile) ±0.1013
October Spread (Stable) ±0.0281

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 0.0509 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0509

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2021: 4.5910) against the same month in 2020 (average: 4.4558), the exchange rate shifted by +0.1352 (+3.03%).

2021 Avg (December) 4.5910
2020 Avg (December) 4.4558

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 4.4495 4.3687 4.4161
February 4.4699 4.4121 4.4369
March 4.5035 4.4310 4.4697
April 4.4992 4.4037 4.4437
May 4.4498 4.3654 4.3928
June 4.4228 4.3723 4.3979
July 4.4518 4.4223 4.4371
August 4.4680 4.4134 4.4500
September 4.4971 4.4257 4.4488
October 4.5062 4.4781 4.4928
November 4.5956 4.4943 4.5464
December 4.6264 4.5639 4.5910