2021 QAR to MAD Historical Review

YEARLY HIGH

2.5613 MAD

YEARLY LOW

2.4071 MAD

YEARLY AVERAGE

2.4670 MAD

2021 QAR to MAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the QAR to MAD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 18, valuing the pair at 2.5613. Conversely, the yearly low was recorded on August 2, dropping to 2.4071.

This high-to-low spread represents a total annual volatility of 0.1542 MAD. From a start-to-finish perspective, comparing the January average rate of 2.4450 to the December average rate of 2.5419, 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 2.5613 was down 9.47% compared to the 2020 peak of 2.8291, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 12,807 MAD

2020 Average 13,038 MAD

Yearly Trough Low 12,036 MAD

Transaction Impact: A difference of 771.08 MAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

2.5530

2.4202

JanuMarcMayJulySeptNove

QAR 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 2.4499, compared to 2.4841 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0341 points.

H1 Avg (Jan–Jun) 2.4499

H2 Avg (Jul–Dec) 2.4841

Volatility Range Comparison

Volatility

The most volatile month in 2021 was September, with a trading range of 0.0706 MAD (High: 2.4910 / Low: 2.4204). On the other end, October was the most stable month, with a tight range of 0.0191 MAD (High: 2.4932 / Low: 2.4741).

September Spread (Volatile) ±0.0706

October Spread (Stable) ±0.0191

Growth Streaks & Declines

Trends

Between May and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0286 points.

Longest Streak 7 Mo.

Sharpest MoM Drop -0.0286

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2021: 2.5419) against the same month in 2020 (average: 2.4665), the exchange rate shifted by +0.0754 (+3.06%).

2021 Avg (December) 2.5419

2020 Avg (December) 2.4665

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.4634	2.4169	2.4450
February	2.4737	2.4426	2.4566
March	2.4931	2.4538	2.4729
April	2.4884	2.4413	2.4599
May	2.4627	2.4155	2.4312
June	2.4483	2.4196	2.4341
July	2.4642	2.4083	2.4521
August	2.4737	2.4071	2.4521
September	2.4910	2.4204	2.4568
October	2.4932	2.4741	2.4863
November	2.5436	2.4879	2.5154
December	2.5613	2.5282	2.5419

૨૦૨૫ QAR થી MAD ઐતિહાસિક સમીક્ષા