YEARLY HIGH
4.6629 MAD
YEARLY LOW
4.3975 MAD
YEARLY AVERAGE
4.4950 MAD

2021 BBD to MAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the BBD to MAD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 18, valuing the pair at 4.6629. Conversely, the yearly low was recorded on May 25, dropping to 4.3975.

This high-to-low spread represents a total annual volatility of 0.2654 MAD. From a start-to-finish perspective, comparing the January average rate of 4.4529 to the December average rate of 4.6278, the exchange rate registered a net change of 3.93% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 4.6629 was down 9.47% compared to the 2020 peak of 5.1504, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 23,315 MAD
2020 Average 23,738 MAD
Yearly Trough Low 21,988 MAD
Transaction Impact: A difference of 1,327.00 MAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

4.6479
4.4069
JanuMarcMayJulySeptNove

BBD 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: JanтАУJun) was 4.4610, compared to 4.5291 in the second half (H2: JulтАУDec). This shows that the rate was stronger in the second half (JulтАУDec) by a margin of 0.0682 points.

H1 Avg (JanтАУJun) 4.4610
H2 Avg (JulтАУDec) 4.5291

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 0.1014 MAD (High: 4.6306 / Low: 4.5292). On the other end, October was the most stable month, with a tight range of 0.0249 MAD (High: 4.5391 / Low: 4.5142).

November Spread (Volatile) ┬▒0.1014
October Spread (Stable) ┬▒0.0249

Growth Streaks & Declines

Trends

Between May and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0506 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0506

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2021: 4.6278) against the same month in 2020 (average: 4.4912), the exchange rate shifted by +0.1366 (+3.04%).

2021 Avg (December) 4.6278
2020 Avg (December) 4.4912

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Month High Low Average
January 4.4846 4.3999 4.4529
February 4.5029 4.4451 4.4722
March 4.5386 4.4671 4.5032
April 4.5297 4.4393 4.4775
May 4.4834 4.3975 4.4270
June 4.4588 4.4049 4.4329
July 4.4861 4.4554 4.4703
August 4.5038 4.4477 4.4848
September 4.5325 4.4599 4.4839
October 4.5391 4.5142 4.5274
November 4.6306 4.5292 4.5804
December 4.6629 4.6026 4.6278