2021 MAD to PKR Historical Review

YEARLY HIGH

19.3103 PKR

YEARLY LOW

16.8426 PKR

YEARLY AVERAGE

18.1160 PKR

2021 MAD to PKR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the MAD to PKR exchange rate experienced significant fluctuation. The market reached its absolute peak on October 26, valuing the pair at 19.3103. Conversely, the yearly low was recorded on March 31, dropping to 16.8426.

This high-to-low spread represents a total annual volatility of 2.4676 PKR. From a start-to-finish perspective, comparing the January average rate of 18.0335 to the December average rate of 19.1829, the exchange rate registered a net change of 6.37% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 19.3103 was up 5.04% compared to the 2020 peak of 18.3834, 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 96,551 PKR

2020 Average 85,334 PKR

Yearly Trough Low 84,213 PKR

Transaction Impact: A difference of 12,338.10 PKR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

19.3907

16.8966

JanuMarcMayJulySeptNove

MAD to PKR 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 17.5413, compared to 18.6907 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.1494 points.

H1 Avg (Jan–Jun) 17.5413

H2 Avg (Jul–Dec) 18.6907

Volatility Range Comparison

Volatility

The most volatile month in 2021 was March, with a trading range of 0.8203 PKR (High: 17.6630 / Low: 16.8426). On the other end, February was the most stable month, with a tight range of 0.2632 PKR (High: 17.9069 / Low: 17.6436).

March Spread (Volatile) ±0.8203

February Spread (Stable) ±0.2632

Growth Streaks & Declines

Trends

Between April and October, 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 February and March, when the average rate fell by 0.4837 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -0.4837

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2021: 18.9889) against the same month in 2020 (average: 17.6872), the exchange rate shifted by +1.3017 (+7.36%).

2021 Avg (October) 18.9889

2020 Avg (October) 17.6872

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	18.2301	17.9022	18.0335
February	17.9069	17.6436	17.8197
March	17.6630	16.8426	17.3360
April	17.3454	16.8663	17.1045
May	17.5760	17.1455	17.3122
June	17.7994	17.4596	17.6419
July	18.2355	17.6085	17.8953
August	18.6640	18.1614	18.3671
September	18.9565	18.6813	18.7857
October	19.3103	18.7982	18.9889
November	19.2484	18.6806	18.9240
December	19.2917	18.8811	19.1829