2021 MAD to ALL Historical Review

YEARLY HIGH

11.7811 ALL

YEARLY LOW

11.3309 ALL

YEARLY AVERAGE

11.5181 ALL

2021 MAD to ALL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the MAD to ALL exchange rate experienced significant fluctuation. The market reached its absolute peak on November 5, valuing the pair at 11.7811. Conversely, the yearly low was recorded on January 15, dropping to 11.3309.

This high-to-low spread represents a total annual volatility of 0.4502 ALL. From a start-to-finish perspective, comparing the January average rate of 11.3978 to the December average rate of 11.5488, the exchange rate registered a net change of 1.32% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 11.7811 was down 9.12% compared to the 2020 peak of 12.9629, 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 58,905 ALL

2020 Average 57,160 ALL

Yearly Trough Low 56,655 ALL

Transaction Impact: A difference of 2,250.75 ALL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

11.7107

11.3693

JanuMarcMayJulySeptNove

MAD to ALL 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 11.4661, compared to 11.5700 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1039 points.

H1 Avg (Jan–Jun) 11.4661

H2 Avg (Jul–Dec) 11.5700

Volatility Range Comparison

Volatility

The most volatile month in 2021 was April, with a trading range of 0.2599 ALL (High: 11.6159 / Low: 11.3560). On the other end, February was the most stable month, with a tight range of 0.0997 ALL (High: 11.4689 / Low: 11.3691).

April Spread (Volatile) ±0.2599

February Spread (Stable) ±0.0997

Growth Streaks & Declines

Trends

Between January and March, 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 November and December, when the average rate fell by 0.1335 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.1335

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2021: 11.6822) against the same month in 2020 (average: 11.4452), the exchange rate shifted by +0.2370 (+2.07%).

2021 Avg (November) 11.6822

2020 Avg (November) 11.4452

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	11.5277	11.3309	11.3978
February	11.4689	11.3691	11.4318
March	11.5818	11.4471	11.5078
April	11.6159	11.3560	11.5069
May	11.5088	11.4068	11.4482
June	11.5771	11.4011	11.5043
July	11.6079	11.4898	11.5691
August	11.5858	11.4578	11.5189
September	11.5883	11.4821	11.5157
October	11.6622	11.5208	11.5853
November	11.7811	11.5473	11.6822
December	11.6466	11.4452	11.5488