2021 MAD to CVE Historical Review

YEARLY HIGH

10.7745 CVE

YEARLY LOW

10.1433 CVE

YEARLY AVERAGE

10.4096 CVE

2021 MAD to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the MAD to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on June 28, valuing the pair at 10.7745. Conversely, the yearly low was recorded on January 3, dropping to 10.1433.

This high-to-low spread represents a total annual volatility of 0.6313 CVE. From a start-to-finish perspective, comparing the January average rate of 10.2151 to the December average rate of 10.5881, the exchange rate registered a net change of 3.65% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 10.7745 was down 59.46% compared to the 2020 peak of 26.5771, 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 53,873 CVE

2020 Average 51,358 CVE

Yearly Trough Low 50,716 CVE

Transaction Impact: A difference of 3,156.35 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

10.6254

10.1778

JanuMarcMayJulySeptNove

MAD to CVE 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 10.3021, compared to 10.5171 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2149 points.

H1 Avg (Jan–Jun) 10.3021

H2 Avg (Jul–Dec) 10.5171

Volatility Range Comparison

Volatility

The most volatile month in 2021 was June, with a trading range of 0.5221 CVE (High: 10.7745 / Low: 10.2524). On the other end, October was the most stable month, with a tight range of 0.0801 CVE (High: 10.5600 / Low: 10.4799).

June Spread (Volatile) ±0.5221

October Spread (Stable) ±0.0801

Growth Streaks & Declines

Trends

Between August and December, 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 April and May, when the average rate fell by 0.0426 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0426

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2021: 10.3766) against the same month in 2020 (average: 10.1647), the exchange rate shifted by +0.2120 (+2.09%).

2021 Avg (June) 10.3766

2020 Avg (June) 10.1647

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	10.3374	10.1433	10.2151
February	10.2857	10.2024	10.2370
March	10.4052	10.2520	10.3363
April	10.4326	10.2134	10.3452
May	10.4380	10.1931	10.3026
June	10.7745	10.2524	10.3766
July	10.5315	10.4380	10.4769
August	10.5257	10.3950	10.4560
September	10.5294	10.4275	10.4697
October	10.5600	10.4799	10.5337
November	10.6800	10.4636	10.5782
December	10.6474	10.5065	10.5881