2021 MAD to JPY Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2021.
2021 MAD to JPY Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2021
During 2021, the MAD to JPY exchange rate experienced significant fluctuation. The market reached its absolute peak on October 19, valuing the pair at 12.6856. Conversely, the yearly low was recorded on January 20, dropping to 11.5469.
This high-to-low spread represents a total annual volatility of 1.1387 JPY. From a start-to-finish perspective, comparing the January average rate of 11.6546 to the December average rate of 12.3000, the exchange rate registered a net change of 5.54% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2021 high of 12.6856 was up 8.95% compared to the 2020 peak of 11.6435, 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 JPY 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 12.0773, compared to 12.3509 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2736 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2021 was October, with a trading range of 0.4396 JPY (High: 12.6856 / Low: 12.2460). On the other end, August was the most stable month, with a tight range of 0.1403 JPY (High: 12.3334 / Low: 12.1932).
Growth Streaks & Declines
TrendsBetween January and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.1440 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (October 2021: 12.4973) against the same month in 2020 (average: 11.4282), the exchange rate shifted by +1.0692 (+9.36%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 11.8108 | 11.5469 | 11.6546 |
| February | 11.9674 | 11.6725 | 11.7896 |
| March | 12.2214 | 11.9390 | 12.0821 |
| April | 12.2453 | 12.0988 | 12.1822 |
| May | 12.4289 | 12.1894 | 12.3320 |
| June | 12.5537 | 12.3642 | 12.4234 |
| July | 12.4982 | 12.2323 | 12.3333 |
| August | 12.3334 | 12.1932 | 12.2470 |
| September | 12.4101 | 12.1459 | 12.2837 |
| October | 12.6856 | 12.2460 | 12.4973 |
| November | 12.5682 | 12.2523 | 12.4440 |
| December | 12.4379 | 12.1821 | 12.3000 |