2021 MAD to NZD Historical Review

YEARLY HIGH

0.1629 NZD

YEARLY LOW

0.1508 NZD

YEARLY AVERAGE

0.1573 NZD

2021 MAD to NZD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the MAD to NZD exchange rate experienced significant fluctuation. The market reached its absolute peak on August 19, valuing the pair at 0.1629. Conversely, the yearly low was recorded on February 24, dropping to 0.1508.

This high-to-low spread represents a total annual volatility of 0.0121 NZD. From a start-to-finish perspective, comparing the January average rate of 0.1563 to the December average rate of 0.1592, the exchange rate registered a net change of 1.89% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.1629 was down 10.03% compared to the 2020 peak of 0.1810, 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 814 NZD

2020 Average 811 NZD

Yearly Trough Low 754 NZD

Transaction Impact: A difference of 60.52 NZD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.1606

0.1537

JanuMarcMayJulySeptNove

MAD to NZD 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 0.1564, compared to 0.1582 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0018 points.

H1 Avg (Jan–Jun) 0.1564

H2 Avg (Jul–Dec) 0.1582

Volatility Range Comparison

Volatility

The most volatile month in 2021 was October, with a trading range of 0.0059 NZD (High: 0.1594 / Low: 0.1535). On the other end, July was the most stable month, with a tight range of 0.0024 NZD (High: 0.1612 / Low: 0.1588).

October Spread (Volatile) ±0.0059

July Spread (Stable) ±0.0024

Growth Streaks & Declines

Trends

Between February and April, 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 January and February, when the average rate fell by 0.0020 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0020

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2021: 0.1598) against the same month in 2020 (average: 0.1640), the exchange rate shifted by -0.0042 (-2.54%).

2021 Avg (August) 0.1598

2020 Avg (August) 0.1640

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1582	0.1542	0.1563
February	0.1559	0.1508	0.1543
March	0.1591	0.1532	0.1557
April	0.1587	0.1546	0.1568
May	0.1582	0.1552	0.1563
June	0.1619	0.1564	0.1589
July	0.1612	0.1588	0.1600
August	0.1629	0.1577	0.1598
September	0.1613	0.1567	0.1580
October	0.1594	0.1535	0.1565
November	0.1587	0.1535	0.1558
December	0.1609	0.1575	0.1592