2021 MAD to JMD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2021.
2021 MAD to JMD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2021
During 2021, the MAD to JMD exchange rate experienced significant fluctuation. The market reached its absolute peak on August 1, valuing the pair at 17.4325. Conversely, the yearly low was recorded on January 2, dropping to 16.0155.
This high-to-low spread represents a total annual volatility of 1.4170 JMD. From a start-to-finish perspective, comparing the January average rate of 16.1894 to the December average rate of 16.6805, the exchange rate registered a net change of 3.03% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2021 high of 17.4325 was up 6.18% compared to the 2020 peak of 16.4178, 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 JMD 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 16.6501, compared to 16.8600 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2099 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2021 was April, with a trading range of 1.1721 JMD (High: 17.3000 / Low: 16.1279). On the other end, June was the most stable month, with a tight range of 0.2972 JMD (High: 17.0522 / Low: 16.7550).
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 August and September, when the average rate fell by 0.4986 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (August 2021: 17.1576) against the same month in 2020 (average: 16.1443), the exchange rate shifted by +1.0133 (+6.28%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 16.3560 | 16.0155 | 16.1894 |
| February | 17.0216 | 16.3206 | 16.7471 |
| March | 16.8501 | 16.0221 | 16.3694 |
| April | 17.3000 | 16.1279 | 16.7013 |
| May | 17.2037 | 16.8252 | 17.0217 |
| June | 17.0522 | 16.7550 | 16.8718 |
| July | 17.3921 | 16.6702 | 17.0923 |
| August | 17.4325 | 16.9245 | 17.1576 |
| September | 16.9605 | 16.2718 | 16.6590 |
| October | 17.0579 | 16.1492 | 16.6004 |
| November | 17.1474 | 16.8164 | 16.9703 |
| December | 16.9021 | 16.5147 | 16.6805 |