2022 MAD to BWP Historical Review

YEARLY HIGH

1.2742 BWP

YEARLY LOW

1.1701 BWP

YEARLY AVERAGE

1.2178 BWP

2022 MAD to BWP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the MAD to BWP exchange rate experienced significant fluctuation. The market reached its absolute peak on January 5, valuing the pair at 1.2742. Conversely, the yearly low was recorded on March 8, dropping to 1.1701.

This high-to-low spread represents a total annual volatility of 0.1041 BWP. From a start-to-finish perspective, comparing the January average rate of 1.2496 to the December average rate of 1.2253, the exchange rate registered a net change of -1.94% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 1.2742 was down 0.42% compared to the 2021 peak of 1.2796, 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 6,371 BWP

2021 Average 6,165 BWP

Yearly Trough Low 5,850 BWP

Transaction Impact: A difference of 520.62 BWP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

1.2555

1.1843

JanuMarcMayJulySeptNove

MAD to BWP 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 1.2148, compared to 1.2209 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0061 points.

H1 Avg (Jan–Jun) 1.2148

H2 Avg (Jul–Dec) 1.2209

Volatility Range Comparison

Volatility

The most volatile month in 2022 was March, with a trading range of 0.0552 BWP (High: 1.2253 / Low: 1.1701). On the other end, May was the most stable month, with a tight range of 0.0166 BWP (High: 1.2224 / Low: 1.2058).

March Spread (Volatile) ±0.0552

May Spread (Stable) ±0.0166

Growth Streaks & Declines

Trends

Between March and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0387 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0387

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2022: 1.2496) against the same month in 2021 (average: 1.2322), the exchange rate shifted by +0.0174 (+1.41%).

2022 Avg (January) 1.2496

2021 Avg (January) 1.2322

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.2742	1.2293	1.2496
February	1.2456	1.2151	1.2289
March	1.2253	1.1701	1.1903
April	1.2137	1.1706	1.1912
May	1.2224	1.2058	1.2129
June	1.2275	1.1970	1.2158
July	1.2539	1.2151	1.2344
August	1.2317	1.1954	1.2151
September	1.2345	1.1968	1.2170
October	1.2396	1.2074	1.2209
November	1.2411	1.1989	1.2126
December	1.2395	1.2173	1.2253