2021 MAD to MGA Historical Review

YEARLY HIGH

440.9430 MGA

YEARLY LOW

414.1203 MGA

YEARLY AVERAGE

428.5592 MGA

2021 MAD to MGA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the MAD to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on January 4, valuing the pair at 440.9430. Conversely, the yearly low was recorded on February 8, dropping to 414.1203.

This high-to-low spread represents a total annual volatility of 26.8227 MGA. From a start-to-finish perspective, comparing the January average rate of 427.6012 to the December average rate of 428.6495, the exchange rate registered a net change of 0.25% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 440.9430 was up 1.14% compared to the 2020 peak of 435.9904, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 MAD based on timing:

Yearly Peak High 2,204,715 MGA

2020 Average 2,009,447 MGA

Yearly Trough Low 2,070,601 MGA

Transaction Impact: A difference of 134,113.39 MGA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

440.0358

417.0986

JanuMarcMayJulySeptNove

MAD to MGA Seasonal Trends & Volatility Analysis

A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.

Seasonal Halves (H1 vs H2)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 423.5936, compared to 433.5247 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 9.9311 points.

H1 Avg (Jan–Jun) 423.5936

H2 Avg (Jul–Dec) 433.5247

Volatility Range Comparison

Volatility

The most volatile month in 2021 was January, with a trading range of 20.0569 MGA (High: 440.9430 / Low: 420.8861). On the other end, May was the most stable month, with a tight range of 5.7144 MGA (High: 426.7098 / Low: 420.9954).

January Spread (Volatile) ±20.0569

May Spread (Stable) ±5.7144

Growth Streaks & Declines

Trends

Between March and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 6.9550 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -6.9550

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2021: 427.6012) against the same month in 2020 (average: 383.1244), the exchange rate shifted by +44.4769 (+11.61%).

2021 Avg (January) 427.6012

2020 Avg (January) 383.1244

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	440.9430	420.8861	427.6012
February	423.4236	414.1203	420.6462
March	421.8297	415.0546	419.0100
April	426.8358	418.3454	423.1771
May	426.7098	420.9954	424.7468
June	436.7352	421.5846	426.3805
July	438.7701	421.1464	429.3435
August	438.3306	424.1733	433.7452
September	440.5555	434.1900	438.1243
October	439.8931	431.3671	436.9326
November	437.9721	429.9156	434.3531
December	432.7787	421.9300	428.6495