2021 MAD to MXN Historical Review

YEARLY HIGH

2.3769 MXN

YEARLY LOW

2.1840 MXN

YEARLY AVERAGE

2.2563 MXN

2021 MAD to MXN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the MAD to MXN exchange rate experienced significant fluctuation. The market reached its absolute peak on March 8, valuing the pair at 2.3769. Conversely, the yearly low was recorded on January 20, dropping to 2.1840.

This high-to-low spread represents a total annual volatility of 0.1929 MXN. From a start-to-finish perspective, comparing the January average rate of 2.2424 to the December average rate of 2.2576, the exchange rate registered a net change of 0.68% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 2.3769 was down 7.80% compared to the 2020 peak of 2.5779, 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 11,885 MXN

2020 Average 11,314 MXN

Yearly Trough Low 10,920 MXN

Transaction Impact: A difference of 964.69 MXN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

2.3136

2.2239

JanuMarcMayJulySeptNove

MAD to MXN 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 2.2626, compared to 2.2501 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0125 points.

H1 Avg (Jan–Jun) 2.2626

H2 Avg (Jul–Dec) 2.2501

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 0.1323 MXN (High: 2.3715 / Low: 2.2391). On the other end, May was the most stable month, with a tight range of 0.0355 MXN (High: 2.2737 / Low: 2.2382).

November Spread (Volatile) ±0.1323

May Spread (Stable) ±0.0355

Growth Streaks & Declines

Trends

Between January and March, 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 March and April, when the average rate fell by 0.0659 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0659

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2021: 2.3061) against the same month in 2020 (average: 2.3048), the exchange rate shifted by +0.0013 (+0.06%).

2021 Avg (March) 2.3061

2020 Avg (March) 2.3048

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.3007	2.1840	2.2424
February	2.3539	2.2268	2.2703
March	2.3769	2.2549	2.3061
April	2.2620	2.2233	2.2402
May	2.2737	2.2382	2.2558
June	2.3218	2.2243	2.2606
July	2.2493	2.2113	2.2313
August	2.2717	2.2121	2.2390
September	2.2759	2.2185	2.2337
October	2.3005	2.2270	2.2589
November	2.3715	2.2391	2.2799
December	2.3284	2.2088	2.2576