YEARLY HIGH
0.1527 BND
YEARLY LOW
0.1455 BND
YEARLY AVERAGE
0.1495 BND

2021 MAD to BND Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the MAD to BND exchange rate experienced significant fluctuation. The market reached its absolute peak on July 21, valuing the pair at 0.1527. Conversely, the yearly low was recorded on December 31, dropping to 0.1455.

This high-to-low spread represents a total annual volatility of 0.0072 BND. From a start-to-finish perspective, comparing the January average rate of 0.1490 to the December average rate of 0.1473, the exchange rate registered a net change of -1.13% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.1527 was up 2.18% compared to the 2020 peak of 0.1494, 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 763 BND
2020 Average 727 BND
Yearly Trough Low 727 BND
Transaction Impact: A difference of 35.87 BND purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.1519
0.1469
JanuMarcMayJulySeptNove

MAD to BND 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 0.1494, compared to 0.1496 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 0.1494
H2 Avg (Jul–Dec) 0.1496

Volatility Range Comparison

Volatility

The most volatile month in 2021 was December, with a trading range of 0.0032 BND (High: 0.1486 / Low: 0.1455). On the other end, September was the most stable month, with a tight range of 0.0012 BND (High: 0.1507 / Low: 0.1495).

December Spread (Volatile) ±0.0032
September Spread (Stable) ±0.0012

Growth Streaks & Declines

Trends

Between February and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0011 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0011

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2021: 0.1514) against the same month in 2020 (average: 0.1454), the exchange rate shifted by +0.0060 (+4.16%).

2021 Avg (July) 0.1514
2020 Avg (July) 0.1454

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1509 0.1479 0.1490
February 0.1491 0.1474 0.1484
March 0.1497 0.1476 0.1490
April 0.1500 0.1484 0.1491
May 0.1511 0.1481 0.1502
June 0.1513 0.1496 0.1504
July 0.1527 0.1504 0.1514
August 0.1521 0.1502 0.1511
September 0.1507 0.1495 0.1502
October 0.1501 0.1484 0.1492
November 0.1490 0.1475 0.1482
December 0.1486 0.1455 0.1473