2022 MAD to BIF Historical Review

YEARLY HIGH

217.6056 BIF

YEARLY LOW

185.5318 BIF

YEARLY AVERAGE

201.5279 BIF

2022 MAD to BIF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the MAD to BIF exchange rate experienced significant fluctuation. The market reached its absolute peak on January 14, valuing the pair at 217.6056. Conversely, the yearly low was recorded on September 28, dropping to 185.5318.

This high-to-low spread represents a total annual volatility of 32.0739 BIF. From a start-to-finish perspective, comparing the January average rate of 215.5269 to the December average rate of 196.5542, the exchange rate registered a net change of -8.80% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 217.6056 was down 3.06% compared to the 2021 peak of 224.4635, 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 1,088,028 BIF

2021 Average 1,098,223 BIF

Yearly Trough Low 927,659 BIF

Transaction Impact: A difference of 160,369.25 BIF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

218.2925

185.1049

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 208.8311, compared to 194.2247 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 14.6064 points.

H1 Avg (Jan–Jun) 208.8311

H2 Avg (Jul–Dec) 194.2247

Volatility Range Comparison

Volatility

The most volatile month in 2022 was March, with a trading range of 9.9239 BIF (High: 211.7808 / Low: 201.8569). On the other end, December was the most stable month, with a tight range of 3.6132 BIF (High: 197.8898 / Low: 194.2765).

March Spread (Volatile) ±9.9239

December Spread (Stable) ±3.6132

Growth Streaks & Declines

Trends

Between 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 August and September, when the average rate fell by 6.1612 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -6.1612

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2022: 215.5269) against the same month in 2021 (average: 218.5975), the exchange rate shifted by -3.0707 (-1.40%).

2022 Avg (January) 215.5269

2021 Avg (January) 218.5975

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	217.6056	209.6198	215.5269
February	216.6926	210.1192	213.8214
March	211.7808	201.8569	208.0041
April	211.3597	202.2055	207.0507
May	208.0349	200.1727	203.3826
June	209.2559	202.5706	205.2007
July	205.5023	195.9973	200.9624
August	200.8900	193.4508	197.5088
September	194.9423	185.5318	191.3477
October	189.9907	186.0549	187.8706
November	194.1761	187.0497	191.1045
December	197.8898	194.2765	196.5542