2021 KWD to MAD Historical Review

YEARLY HIGH

30.7703 MAD

YEARLY LOW

29.0043 MAD

YEARLY AVERAGE

29.7939 MAD

2021 KWD to MAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the KWD to MAD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 18, valuing the pair at 30.7703. Conversely, the yearly low was recorded on January 6, dropping to 29.0043.

This high-to-low spread represents a total annual volatility of 1.7660 MAD. From a start-to-finish perspective, comparing the January average rate of 29.3713 to the December average rate of 30.5697, the exchange rate registered a net change of 4.08% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 30.7703 was down 7.04% compared to the 2020 peak of 33.1001, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 153,852 MAD

2020 Average 154,742 MAD

Yearly Trough Low 145,021 MAD

Transaction Impact: A difference of 8,830.11 MAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

30.6895

29.2514

JanuMarcMayJulySeptNove

KWD 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 29.5477, compared to 30.0401 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.4923 points.

H1 Avg (Jan–Jun) 29.5477

H2 Avg (Jul–Dec) 30.0401

Volatility Range Comparison

Volatility

The most volatile month in 2021 was January, with a trading range of 0.6209 MAD (High: 29.6252 / Low: 29.0043). On the other end, October was the most stable month, with a tight range of 0.1563 MAD (High: 30.0798 / Low: 29.9235).

January Spread (Volatile) ±0.6209

October Spread (Stable) ±0.1563

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 0.2737 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.2737

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2021: 30.5697) against the same month in 2020 (average: 29.4625), the exchange rate shifted by +1.1072 (+3.76%).

2021 Avg (December) 30.5697

2020 Avg (December) 29.4625

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	29.6252	29.0043	29.3713
February	29.7183	29.3782	29.5513
March	30.0401	29.5001	29.7840
April	29.9993	29.4856	29.6989
May	29.7754	29.2521	29.4251
June	29.6415	29.2844	29.4557
July	29.8173	29.5907	29.7143
August	29.9547	29.6021	29.8216
September	30.0520	29.6743	29.8097
October	30.0798	29.9235	30.0217
November	30.5860	30.0244	30.3034
December	30.7703	30.3925	30.5697