2022 MAD to AFN Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2022.
2022 MAD to AFN Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2022
During 2022, the MAD to AFN exchange rate experienced significant fluctuation. The market reached its absolute peak on January 13, valuing the pair at 11.3960. Conversely, the yearly low was recorded on October 12, dropping to 7.7402.
This high-to-low spread represents a total annual volatility of 3.6558 AFN. From a start-to-finish perspective, comparing the January average rate of 11.2546 to the December average rate of 8.3160, the exchange rate registered a net change of -26.11% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2022 high of 11.3960 was down 10.43% compared to the 2021 peak of 12.7224, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 MAD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2022.
MAD to AFN Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 9.4907, compared to 8.3183 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.1724 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2022 was February, with a trading range of 1.0471 AFN (High: 10.6588 / Low: 9.6117). On the other end, December was the most stable month, with a tight range of 0.2030 AFN (High: 8.3832 / Low: 8.1802).
Growth Streaks & Declines
TrendsBetween October and December, 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 January and February, when the average rate fell by 1.3184 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2022: 11.2546) against the same month in 2021 (average: 8.6824), the exchange rate shifted by +2.5723 (+29.63%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 11.3960 | 10.8318 | 11.2546 |
| February | 10.6588 | 9.6117 | 9.9362 |
| March | 9.6066 | 8.8647 | 9.1174 |
| April | 9.1189 | 8.5520 | 8.9095 |
| May | 9.0868 | 8.5803 | 8.8128 |
| June | 9.0681 | 8.6423 | 8.9134 |
| July | 8.8668 | 8.3770 | 8.6705 |
| August | 8.8434 | 8.3262 | 8.5865 |
| September | 8.4569 | 7.9318 | 8.2417 |
| October | 8.0800 | 7.7402 | 7.9386 |
| November | 8.3527 | 8.0166 | 8.1564 |
| December | 8.3832 | 8.1802 | 8.3160 |