2021 JOD to MAD Historical Review

YEARLY HIGH

13.1535 MAD

YEARLY LOW

12.4048 MAD

YEARLY AVERAGE

12.6802 MAD

2021 JOD to MAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the JOD to MAD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 18, valuing the pair at 13.1535. Conversely, the yearly low was recorded on May 25, dropping to 12.4048.

This high-to-low spread represents a total annual volatility of 0.7487 MAD. From a start-to-finish perspective, comparing the January average rate of 12.5616 to the December average rate of 13.0546, the exchange rate registered a net change of 3.92% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 13.1535 was down 9.47% compared to the 2020 peak of 14.5287, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 65,767 MAD

2020 Average 66,962 MAD

Yearly Trough Low 62,024 MAD

Transaction Impact: A difference of 3,743.31 MAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

13.1113

12.4309

JanuMarcMayJulySeptNove

JOD 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 12.5841, compared to 12.7763 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1922 points.

H1 Avg (Jan–Jun) 12.5841

H2 Avg (Jul–Dec) 12.7763

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 0.2859 MAD (High: 13.0623 / Low: 12.7764). On the other end, October was the most stable month, with a tight range of 0.0702 MAD (High: 12.8043 / Low: 12.7341).

November Spread (Volatile) ±0.2859

October Spread (Stable) ±0.0702

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 0.1425 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.1425

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2021: 13.0546) against the same month in 2020 (average: 12.6703), the exchange rate shifted by +0.3842 (+3.03%).

2021 Avg (December) 13.0546

2020 Avg (December) 12.6703

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	12.6506	12.4116	12.5616
February	12.7022	12.5391	12.6175
March	12.8029	12.6011	12.7029
April	12.7779	12.5227	12.6301
May	12.6418	12.4048	12.4876
June	12.5777	12.4256	12.5048
July	12.6548	12.5681	12.6107
August	12.7048	12.5464	12.6511
September	12.7857	12.5836	12.6493
October	12.8043	12.7341	12.7712
November	13.0623	12.7764	12.9208
December	13.1535	12.9833	13.0546