2021 MAD to CDF Historical Review

YEARLY HIGH

227.0227 CDF

YEARLY LOW

214.4149 CDF

YEARLY AVERAGE

221.5105 CDF

2021 MAD to CDF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the MAD to CDF exchange rate experienced significant fluctuation. The market reached its absolute peak on May 21, valuing the pair at 227.0227. Conversely, the yearly low was recorded on December 7, dropping to 214.4149.

This high-to-low spread represents a total annual volatility of 12.6078 CDF. From a start-to-finish perspective, comparing the January average rate of 221.6107 to the December average rate of 216.1429, the exchange rate registered a net change of -2.47% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 227.0227 was up 2.39% compared to the 2020 peak of 221.7220, 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 1,135,114 CDF

2020 Average 977,421 CDF

Yearly Trough Low 1,072,075 CDF

Transaction Impact: A difference of 63,038.98 CDF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

226.3421

215.2157

JanuMarcMayJulySeptNove

MAD to CDF 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 222.6532, compared to 220.3679 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 2.2853 points.

H1 Avg (Jan–Jun) 222.6532

H2 Avg (Jul–Dec) 220.3679

Volatility Range Comparison

Volatility

The most volatile month in 2021 was April, with a trading range of 5.5881 CDF (High: 224.4198 / Low: 218.8317). On the other end, September was the most stable month, with a tight range of 2.9403 CDF (High: 222.8031 / Low: 219.8628).

April Spread (Volatile) ±5.5881

September Spread (Stable) ±2.9403

Growth Streaks & Declines

Trends

Between March and May, 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 2.6935 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -2.6935

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2021: 225.4149) against the same month in 2020 (average: 181.3696), the exchange rate shifted by +44.0453 (+24.28%).

2021 Avg (May) 225.4149

2020 Avg (May) 181.3696

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	223.8904	220.0986	221.6107
February	222.9888	219.7620	221.4244
March	222.3646	218.7356	220.7050
April	224.4198	218.8317	222.1826
May	227.0227	222.6918	225.4149
June	226.1694	222.8087	224.5816
July	224.7966	221.6025	222.8180
August	223.6655	220.6351	221.6795
September	222.8031	219.8628	222.0401
October	222.8499	218.5892	220.6905
November	221.5562	215.9926	218.8365
December	217.6239	214.4149	216.1429