2021 MAD to AZN Historical Review

YEARLY HIGH

0.1934 AZN

YEARLY LOW

0.1824 AZN

YEARLY AVERAGE

0.1892 AZN

2021 MAD to AZN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the MAD to AZN exchange rate experienced significant fluctuation. The market reached its absolute peak on May 25, valuing the pair at 0.1934. Conversely, the yearly low was recorded on December 18, dropping to 0.1824.

This high-to-low spread represents a total annual volatility of 0.0110 AZN. From a start-to-finish perspective, comparing the January average rate of 0.1910 to the December average rate of 0.1837, the exchange rate registered a net change of -3.80% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.1934 was up 0.92% compared to the 2020 peak of 0.1916, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 967 AZN

2020 Average 898 AZN

Yearly Trough Low 912 AZN

Transaction Impact: A difference of 55.03 AZN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.1929

0.1829

JanuMarcMayJulySeptNove

MAD to AZN 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 0.1906, compared to 0.1878 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0029 points.

H1 Avg (Jan–Jun) 0.1906

H2 Avg (Jul–Dec) 0.1878

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 0.0041 AZN (High: 0.1878 / Low: 0.1836). On the other end, October was the most stable month, with a tight range of 0.0010 AZN (High: 0.1884 / Low: 0.1873).

November Spread (Volatile) ±0.0041

October Spread (Stable) ±0.0010

Growth Streaks & Declines

Trends

Between March and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0022 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0022

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2021: 0.1921) against the same month in 2020 (average: 0.1728), the exchange rate shifted by +0.0193 (+11.14%).

2021 Avg (May) 0.1921

2020 Avg (May) 0.1728

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1933	0.1896	0.1910
February	0.1913	0.1889	0.1902
March	0.1904	0.1874	0.1888
April	0.1916	0.1877	0.1899
May	0.1934	0.1897	0.1921
June	0.1931	0.1907	0.1918
July	0.1909	0.1896	0.1902
August	0.1912	0.1888	0.1896
September	0.1907	0.1876	0.1897
October	0.1884	0.1873	0.1878
November	0.1878	0.1836	0.1857
December	0.1848	0.1824	0.1837

૨૦૨૫ MAD થી AZN ઐતિહાસિક સમીક્ષા