YEARLY HIGH
1.3712 MAD
YEARLY LOW
1.1469 MAD
YEARLY AVERAGE
1.2591 MAD

2022 MOP to MAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the MOP to MAD exchange rate experienced significant fluctuation. The market reached its absolute peak on September 28, valuing the pair at 1.3712. Conversely, the yearly low was recorded on January 13, dropping to 1.1469.

This high-to-low spread represents a total annual volatility of 0.2243 MAD. From a start-to-finish perspective, comparing the January average rate of 1.1577 to the December average rate of 1.3110, the exchange rate registered a net change of 13.24% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 1.3712 was up 18.18% compared to the 2021 peak of 1.1603, 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 6,856 MAD
2021 Average 5,615 MAD
Yearly Trough Low 5,734 MAD
Transaction Impact: A difference of 1,121.37 MAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

1.3752
1.1379
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 1.2036, compared to 1.3145 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1109 points.

H1 Avg (Jan–Jun) 1.2036
H2 Avg (Jul–Dec) 1.3145

Volatility Range Comparison

Volatility

The most volatile month in 2022 was September, with a trading range of 0.0622 MAD (High: 1.3712 / Low: 1.3090). On the other end, December was the most stable month, with a tight range of 0.0214 MAD (High: 1.3217 / Low: 1.3003).

September Spread (Volatile) ±0.0622
December Spread (Stable) ±0.0214

Growth Streaks & Declines

Trends

Between January and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0271 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0271

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2022: 1.3293) against the same month in 2021 (average: 1.1190), the exchange rate shifted by +0.2103 (+18.79%).

2022 Avg (September) 1.3293
2021 Avg (September) 1.1190

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.1753 1.1469 1.1577
February 1.1855 1.1588 1.1689
March 1.2412 1.1868 1.2081
April 1.2381 1.2025 1.2144
May 1.2545 1.2223 1.2372
June 1.2569 1.2158 1.2352
July 1.2992 1.2392 1.2659
August 1.3090 1.2653 1.2873
September 1.3712 1.3090 1.3293
October 1.3656 1.3417 1.3554
November 1.3668 1.3213 1.3381
December 1.3217 1.3003 1.3110