YEARLY HIGH
0.6497 BRL
YEARLY LOW
0.5526 BRL
YEARLY AVERAGE
0.6003 BRL

2021 MAD to BRL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the MAD to BRL exchange rate experienced significant fluctuation. The market reached its absolute peak on March 8, valuing the pair at 0.6497. Conversely, the yearly low was recorded on June 24, dropping to 0.5526.

This high-to-low spread represents a total annual volatility of 0.0971 BRL. From a start-to-finish perspective, comparing the January average rate of 0.6017 to the December average rate of 0.6110, the exchange rate registered a net change of 1.55% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.6497 was up 3.78% compared to the 2020 peak of 0.6260, 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 3,248 BRL
2020 Average 2,720 BRL
Yearly Trough Low 2,763 BRL
Transaction Impact: A difference of 485.31 BRL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.6320
0.5617
JanuMarcMayJulySeptNove

MAD to BRL 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 0.6038, compared to 0.5967 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0071 points.

H1 Avg (Jan–Jun) 0.6038
H2 Avg (Jul–Dec) 0.5967

Volatility Range Comparison

Volatility

The most volatile month in 2021 was January, with a trading range of 0.0408 BRL (High: 0.6226 / Low: 0.5818). On the other end, December was the most stable month, with a tight range of 0.0191 BRL (High: 0.6194 / Low: 0.6004).

January Spread (Volatile) ±0.0408
December Spread (Stable) ±0.0191

Growth Streaks & Declines

Trends

Between June and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.0310 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0310

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2021: 0.6262) against the same month in 2020 (average: 0.5046), the exchange rate shifted by +0.1216 (+24.10%).

2021 Avg (March) 0.6262
2020 Avg (March) 0.5046

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.6226 0.5818 0.6017
February 0.6265 0.5952 0.6056
March 0.6497 0.6110 0.6262
April 0.6400 0.6002 0.6231
May 0.6096 0.5897 0.5986
June 0.5844 0.5526 0.5676
July 0.5902 0.5655 0.5776
August 0.6016 0.5766 0.5858
September 0.6023 0.5794 0.5881
October 0.6256 0.5919 0.6112
November 0.6261 0.5921 0.6066
December 0.6194 0.6004 0.6110