2021 MAD to GYD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2021.
2021 MAD to GYD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2021
During 2021, the MAD to GYD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 6, valuing the pair at 23.7656. Conversely, the yearly low was recorded on December 18, dropping to 22.4253.
This high-to-low spread represents a total annual volatility of 1.3403 GYD. From a start-to-finish perspective, comparing the January average rate of 23.4947 to the December average rate of 22.6077, the exchange rate registered a net change of -3.78% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2021 high of 23.7656 was up 0.96% compared to the 2020 peak of 23.5401, 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 GYD 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 23.4466, compared to 23.0948 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.3518 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2021 was November, with a trading range of 0.5139 GYD (High: 23.0889 / Low: 22.5750). On the other end, October was the most stable month, with a tight range of 0.1619 GYD (High: 23.1903 / Low: 23.0285).
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 0.2559 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2021: 23.4947) against the same month in 2020 (average: 21.7397), the exchange rate shifted by +1.7551 (+8.07%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 23.7656 | 23.2898 | 23.4947 |
| February | 23.5161 | 23.2199 | 23.3875 |
| March | 23.4234 | 23.0696 | 23.2265 |
| April | 23.5603 | 23.0691 | 23.3641 |
| May | 23.7362 | 23.3248 | 23.6171 |
| June | 23.7241 | 23.4678 | 23.5896 |
| July | 23.4701 | 23.2934 | 23.3834 |
| August | 23.4760 | 23.2307 | 23.3149 |
| September | 23.4527 | 23.0648 | 23.3209 |
| October | 23.1903 | 23.0285 | 23.0989 |
| November | 23.0889 | 22.5750 | 22.8429 |
| December | 22.7544 | 22.4253 | 22.6077 |