2021 MAD to BIF Historical Review

YEARLY HIGH

224.4635 BIF

YEARLY LOW

214.5660 BIF

YEARLY AVERAGE

219.6379 BIF

2021 MAD to BIF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the MAD to BIF exchange rate experienced significant fluctuation. The market reached its absolute peak on May 25, valuing the pair at 224.4635. Conversely, the yearly low was recorded on December 18, dropping to 214.5660.

This high-to-low spread represents a total annual volatility of 9.8975 BIF. From a start-to-finish perspective, comparing the January average rate of 218.5975 to the December average rate of 215.8342, the exchange rate registered a net change of -1.26% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 224.4635 was up 2.54% compared to the 2020 peak of 218.9083, 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 1,122,318 BIF

2020 Average 1,009,668 BIF

Yearly Trough Low 1,072,830 BIF

Transaction Impact: A difference of 49,487.61 BIF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

223.9095

215.1000

JanuMarcMayJulySeptNove

MAD to BIF 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 219.5942, compared to 219.6816 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0873 points.

H1 Avg (Jan–Jun) 219.5942

H2 Avg (Jul–Dec) 219.6816

Volatility Range Comparison

Volatility

The most volatile month in 2021 was April, with a trading range of 6.1413 BIF (High: 221.1609 / Low: 215.0196). On the other end, July was the most stable month, with a tight range of 2.0717 BIF (High: 222.9453 / Low: 220.8736).

April Spread (Volatile) ±6.1413

July Spread (Stable) ±2.0717

Growth Streaks & Declines

Trends

Between March and June, 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 October and November, when the average rate fell by 2.4259 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -2.4259

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2021: 222.4115) against the same month in 2020 (average: 193.2434), the exchange rate shifted by +29.1680 (+15.09%).

2021 Avg (May) 222.4115

2020 Avg (May) 193.2434

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	220.8565	216.8369	218.5975
February	220.3866	215.9917	218.0910
March	218.8553	215.3461	217.0988
April	221.1609	215.0196	218.1912
May	224.4635	218.5257	222.4115
June	224.3719	222.0774	223.1754
July	222.9453	220.8736	221.6641
August	222.7959	220.1548	221.1756
September	222.5283	219.5766	221.7604
October	221.2992	218.8535	220.0405
November	220.0027	215.0104	217.6146
December	216.7992	214.5660	215.8342