2021 MAD to PEN Historical Review

YEARLY HIGH

0.4602 PEN

YEARLY LOW

0.4004 PEN

YEARLY AVERAGE

0.4315 PEN

2021 MAD to PEN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the MAD to PEN exchange rate experienced significant fluctuation. The market reached its absolute peak on September 7, valuing the pair at 0.4602. Conversely, the yearly low was recorded on April 9, dropping to 0.4004.

This high-to-low spread represents a total annual volatility of 0.0598 PEN. From a start-to-finish perspective, comparing the January average rate of 0.4073 to the December average rate of 0.4369, the exchange rate registered a net change of 7.27% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.4602 was up 13.05% compared to the 2020 peak of 0.4071, 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 2,301 PEN

2020 Average 1,844 PEN

Yearly Trough Low 2,002 PEN

Transaction Impact: A difference of 299.07 PEN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.4632

0.4022

JanuMarcMayJulySeptNove

MAD to PEN 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 0.4176, compared to 0.4454 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0278 points.

H1 Avg (Jan–Jun) 0.4176

H2 Avg (Jul–Dec) 0.4454

Volatility Range Comparison

Volatility

The most volatile month in 2021 was April, with a trading range of 0.0288 PEN (High: 0.4291 / Low: 0.4004). On the other end, September was the most stable month, with a tight range of 0.0041 PEN (High: 0.4602 / Low: 0.4561).

April Spread (Volatile) ±0.0288

September Spread (Stable) ±0.0041

Growth Streaks & Declines

Trends

Between January and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0143 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0143

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2021: 0.4581) against the same month in 2020 (average: 0.3855), the exchange rate shifted by +0.0726 (+18.82%).

2021 Avg (September) 0.4581

2020 Avg (September) 0.3855

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.4121	0.4031	0.4073
February	0.4105	0.4044	0.4076
March	0.4149	0.4086	0.4116
April	0.4291	0.4004	0.4121
May	0.4356	0.4129	0.4258
June	0.4480	0.4319	0.4414
July	0.4459	0.4335	0.4404
August	0.4581	0.4412	0.4547
September	0.4602	0.4561	0.4581
October	0.4571	0.4332	0.4438
November	0.4434	0.4339	0.4388
December	0.4435	0.4283	0.4369