2022 MAD to NPR Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2022.
2022 MAD to NPR Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2022
During 2022, the MAD to NPR exchange rate experienced significant fluctuation. The market reached its absolute peak on February 13, valuing the pair at 12.9032. Conversely, the yearly low was recorded on September 18, dropping to 11.7306.
This high-to-low spread represents a total annual volatility of 1.1726 NPR. From a start-to-finish perspective, comparing the January average rate of 12.8164 to the December average rate of 12.5448, the exchange rate registered a net change of -2.12% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2022 high of 12.9032 was down 4.28% compared to the 2021 peak of 13.4795, 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 2022.
MAD to NPR 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 12.5650, compared to 12.2129 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.3522 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2022 was July, with a trading range of 0.4397 NPR (High: 12.6112 / Low: 12.1715). On the other end, January was the most stable month, with a tight range of 0.2364 NPR (High: 12.8999 / Low: 12.6634).
Growth Streaks & Declines
TrendsBetween September and December, 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 August and September, when the average rate fell by 0.2976 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (February 2022: 12.7697) against the same month in 2021 (average: 13.0007), the exchange rate shifted by -0.2310 (-1.78%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 12.8999 | 12.6634 | 12.8164 |
| February | 12.9032 | 12.6366 | 12.7697 |
| March | 12.6767 | 12.2958 | 12.5266 |
| April | 12.5194 | 12.2269 | 12.4185 |
| May | 12.5659 | 12.2019 | 12.3562 |
| June | 12.6463 | 12.3142 | 12.5028 |
| July | 12.6112 | 12.1715 | 12.4290 |
| August | 12.4323 | 12.0219 | 12.2316 |
| September | 12.0537 | 11.7306 | 11.9340 |
| October | 12.1989 | 11.8710 | 12.0200 |
| November | 12.2791 | 11.9349 | 12.1179 |
| December | 12.6858 | 12.2746 | 12.5448 |