2021 MOP to MAD Historical Review

YEARLY HIGH

1.1603 MAD

YEARLY LOW

1.1006 MAD

YEARLY AVERAGE

1.1229 MAD

2021 MOP to MAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the MOP to MAD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 18, valuing the pair at 1.1603. Conversely, the yearly low was recorded on May 25, dropping to 1.1006.

This high-to-low spread represents a total annual volatility of 0.0597 MAD. From a start-to-finish perspective, comparing the January average rate of 1.1147 to the December average rate of 1.1520, the exchange rate registered a net change of 3.35% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 1.1603 was down 10.07% compared to the 2020 peak of 1.2902, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 MOP based on timing:

Yearly Peak High 5,801 MAD

2020 Average 5,943 MAD

Yearly Trough Low 5,503 MAD

Transaction Impact: A difference of 298.46 MAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

1.1565

1.1026

JanuMarcMayJulySeptNove

MOP to MAD 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 1.1160, compared to 1.1298 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0138 points.

H1 Avg (Jan–Jun) 1.1160

H2 Avg (Jul–Dec) 1.1298

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 0.0244 MAD (High: 1.1534 / Low: 1.1290). On the other end, October was the most stable month, with a tight range of 0.0060 MAD (High: 1.1328 / Low: 1.1268).

November Spread (Volatile) ±0.0244

October Spread (Stable) ±0.0060

Growth Streaks & Declines

Trends

Between May and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0121 points.

Longest Streak 7 Mo.

Sharpest MoM Drop -0.0121

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2021: 1.1520) against the same month in 2020 (average: 1.1249), the exchange rate shifted by +0.0271 (+2.41%).

2021 Avg (December) 1.1520

2020 Avg (December) 1.1249

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.1233	1.1027	1.1147
February	1.1284	1.1135	1.1199
March	1.1336	1.1179	1.1262
April	1.1321	1.1102	1.1191
May	1.1215	1.1006	1.1071
June	1.1148	1.1028	1.1089
July	1.1214	1.1136	1.1175
August	1.1235	1.1110	1.1188
September	1.1299	1.1142	1.1190
October	1.1328	1.1268	1.1301
November	1.1534	1.1290	1.1415
December	1.1603	1.1455	1.1520