2021 MAD to XAF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2021.
2021 MAD to XAF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2021
During 2021, the MAD to XAF exchange rate experienced significant fluctuation. The market reached its absolute peak on November 24, valuing the pair at 63.2433. Conversely, the yearly low was recorded on January 3, dropping to 59.9824.
This high-to-low spread represents a total annual volatility of 3.2609 XAF. From a start-to-finish perspective, comparing the January average rate of 60.5401 to the December average rate of 62.6880, the exchange rate registered a net change of 3.55% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2021 high of 63.2433 was up 1.05% compared to the 2020 peak of 62.5856, 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 2021.
MAD to XAF 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 61.0175, compared to 62.3761 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.3586 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2021 was June, with a trading range of 1.3269 XAF (High: 62.0945 / Low: 60.7676). On the other end, February was the most stable month, with a tight range of 0.4195 XAF (High: 60.8625 / Low: 60.4430).
Growth Streaks & Declines
TrendsBetween May and November, 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 April and May, when the average rate fell by 0.2440 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (November 2021: 62.7911) against the same month in 2020 (average: 60.6303), the exchange rate shifted by +2.1608 (+3.56%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 61.1779 | 59.9824 | 60.5401 |
| February | 60.8625 | 60.4430 | 60.6390 |
| March | 61.7186 | 60.7536 | 61.2110 |
| April | 61.6566 | 60.7405 | 61.2397 |
| May | 61.2954 | 60.6016 | 60.9957 |
| June | 62.0945 | 60.7676 | 61.4795 |
| July | 62.2490 | 61.8196 | 62.0333 |
| August | 62.4509 | 61.8967 | 62.1359 |
| September | 62.6841 | 61.8475 | 62.1408 |
| October | 62.8435 | 62.0185 | 62.4677 |
| November | 63.2433 | 62.2182 | 62.7911 |
| December | 63.1289 | 62.1464 | 62.6880 |