2021 MAD to CNY Historical Review

YEARLY HIGH

0.7350 CNY

YEARLY LOW

0.6836 CNY

YEARLY AVERAGE

0.7178 CNY

2021 MAD to CNY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the MAD to CNY exchange rate experienced significant fluctuation. The market reached its absolute peak on January 11, valuing the pair at 0.7350. Conversely, the yearly low was recorded on December 18, dropping to 0.6836.

This high-to-low spread represents a total annual volatility of 0.0514 CNY. From a start-to-finish perspective, comparing the January average rate of 0.7271 to the December average rate of 0.6883, the exchange rate registered a net change of -5.34% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.7350 was down 2.73% compared to the 2020 peak of 0.7556, 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 3,675 CNY

2020 Average 3,636 CNY

Yearly Trough Low 3,418 CNY

Transaction Impact: A difference of 256.80 CNY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.7325

0.6842

JanuMarcMayJulySeptNove

MAD to CNY 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 0.7254, compared to 0.7103 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0151 points.

H1 Avg (Jan–Jun) 0.7254

H2 Avg (Jul–Dec) 0.7103

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 0.0177 CNY (High: 0.7059 / Low: 0.6882). On the other end, July was the most stable month, with a tight range of 0.0053 CNY (High: 0.7273 / Low: 0.7220).

November Spread (Volatile) ±0.0177

July Spread (Stable) ±0.0053

Growth Streaks & Declines

Trends

Between February and April, 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 October and November, when the average rate fell by 0.0116 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0116

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2021: 0.7271) against the same month in 2020 (average: 0.7207), the exchange rate shifted by +0.0063 (+0.88%).

2021 Avg (January) 0.7271

2020 Avg (January) 0.7207

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.7350	0.7181	0.7271
February	0.7290	0.7182	0.7228
March	0.7260	0.7202	0.7231
April	0.7316	0.7232	0.7285
May	0.7301	0.7199	0.7262
June	0.7284	0.7217	0.7248
July	0.7273	0.7220	0.7244
August	0.7264	0.7193	0.7223
September	0.7248	0.7111	0.7201
October	0.7133	0.7038	0.7091
November	0.7059	0.6882	0.6976
December	0.6926	0.6836	0.6883