2021 MAD to KRW Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2021.
2021 MAD to KRW Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2021
During 2021, the MAD to KRW exchange rate experienced significant fluctuation. The market reached its absolute peak on November 8, valuing the pair at 132.4794. Conversely, the yearly low was recorded on January 2, dropping to 121.6219.
This high-to-low spread represents a total annual volatility of 10.8576 KRW. From a start-to-finish perspective, comparing the January average rate of 123.4944 to the December average rate of 127.9666, the exchange rate registered a net change of 3.62% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2021 high of 132.4794 was up 1.90% compared to the 2020 peak of 130.0136, 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 KRW 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 125.2698, compared to 129.3728 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 4.1030 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2021 was November, with a trading range of 4.5580 KRW (High: 132.4794 / Low: 127.9214). On the other end, December was the most stable month, with a tight range of 1.4243 KRW (High: 128.6945 / Low: 127.2702).
Growth Streaks & Declines
TrendsBetween June and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 1.5382 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (November 2021: 129.5048) against the same month in 2020 (average: 122.0965), the exchange rate shifted by +7.4083 (+6.07%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 124.9643 | 121.6219 | 123.4944 |
| February | 125.9361 | 123.3410 | 124.3223 |
| March | 126.5461 | 123.1940 | 125.4954 |
| April | 125.6249 | 123.6941 | 124.9407 |
| May | 128.5911 | 124.6548 | 126.7118 |
| June | 128.3966 | 125.5150 | 126.6541 |
| July | 129.1968 | 126.4627 | 128.0271 |
| August | 131.2624 | 127.5694 | 129.3920 |
| September | 132.0127 | 129.2251 | 130.7936 |
| October | 132.0059 | 128.8276 | 130.5527 |
| November | 132.4794 | 127.9214 | 129.5048 |
| December | 128.6945 | 127.2702 | 127.9666 |