2022 MAD to CRC Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2022.
2022 MAD to CRC Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2022
During 2022, the MAD to CRC exchange rate experienced significant fluctuation. The market reached its absolute peak on January 8, valuing the pair at 69.5125. Conversely, the yearly low was recorded on December 24, dropping to 55.3905.
This high-to-low spread represents a total annual volatility of 14.1220 CRC. From a start-to-finish perspective, comparing the January average rate of 68.7684 to the December average rate of 56.0671, the exchange rate registered a net change of -18.47% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2022 high of 69.5125 was down 1.84% compared to the 2021 peak of 70.8155, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 MAD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2022.
MAD to CRC Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 67.6844, compared to 59.8315 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 7.8529 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2022 was August, with a trading range of 5.6743 CRC (High: 65.3900 / Low: 59.7157). On the other end, January was the most stable month, with a tight range of 1.5970 CRC (High: 69.5125 / Low: 67.9155).
Growth Streaks & Declines
TrendsNo sustained consecutive month-over-month growth streak of 2+ months occurred in 2022. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 3.6016 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2022: 68.7684) against the same month in 2021 (average: 68.7414), the exchange rate shifted by +0.0270 (+0.04%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 69.5125 | 67.9155 | 68.7684 |
| February | 69.2309 | 67.1911 | 68.3168 |
| March | 68.1842 | 64.4288 | 66.5086 |
| April | 68.0732 | 66.1331 | 66.9535 |
| May | 68.3636 | 66.0298 | 66.9152 |
| June | 69.4591 | 67.4314 | 68.6439 |
| July | 68.6037 | 64.7498 | 66.5021 |
| August | 65.3900 | 59.7157 | 63.2277 |
| September | 62.0855 | 57.1265 | 59.6261 |
| October | 58.0224 | 55.6988 | 56.9237 |
| November | 57.4490 | 55.7362 | 56.6422 |
| December | 57.2156 | 55.3905 | 56.0671 |