2021 MAD to DJF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2021.
2021 MAD to DJF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2021
During 2021, the MAD to DJF exchange rate experienced significant fluctuation. The market reached its absolute peak on May 25, valuing the pair at 20.2349. Conversely, the yearly low was recorded on December 31, dropping to 19.1541.
This high-to-low spread represents a total annual volatility of 1.0808 DJF. From a start-to-finish perspective, comparing the January average rate of 20.0068 to the December average rate of 19.2374, the exchange rate registered a net change of -3.85% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2021 high of 20.2349 was up 0.99% compared to the 2020 peak of 20.0366, 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 2021.
MAD to DJF 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 19.9560, compared to 19.6557 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.3003 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2021 was November, with a trading range of 0.4340 DJF (High: 19.6519 / Low: 19.2179). On the other end, October was the most stable month, with a tight range of 0.1192 DJF (High: 19.7181 / Low: 19.5989).
Growth Streaks & Declines
TrendsBetween 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 October and November, when the average rate fell by 0.2240 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (May 2021: 20.1051) against the same month in 2020 (average: 18.0740), the exchange rate shifted by +2.0312 (+11.24%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 20.2199 | 19.8500 | 20.0068 |
| February | 20.0177 | 19.7592 | 19.9052 |
| March | 19.9319 | 19.6111 | 19.7644 |
| April | 20.0145 | 19.6427 | 19.8728 |
| May | 20.2349 | 19.9145 | 20.1051 |
| June | 20.2021 | 19.9696 | 20.0814 |
| July | 19.9707 | 19.8389 | 19.9030 |
| August | 20.0115 | 19.7673 | 19.8495 |
| September | 19.9560 | 19.6383 | 19.8515 |
| October | 19.7181 | 19.5989 | 19.6582 |
| November | 19.6519 | 19.2179 | 19.4343 |
| December | 19.3487 | 19.1541 | 19.2374 |