YEARLY HIGH
4.4642 MAD
YEARLY LOW
4.2398 MAD
YEARLY AVERAGE
4.3465 MAD

2021 FJD to MAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the FJD to MAD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 26, valuing the pair at 4.4642. Conversely, the yearly low was recorded on August 22, dropping to 4.2398.

This high-to-low spread represents a total annual volatility of 0.2244 MAD. From a start-to-finish perspective, comparing the January average rate of 4.3737 to the December average rate of 4.3460, the exchange rate registered a net change of -0.63% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 4.4642 was down 1.59% compared to the 2020 peak of 4.5363, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 22,321 MAD
2020 Average 21,893 MAD
Yearly Trough Low 21,199 MAD
Transaction Impact: A difference of 1,121.93 MAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

4.4193
4.2737
JanuMarcMayJulySeptNove

FJD 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 4.3730, compared to 4.3199 in the second half (H2: JulтАУDec). This shows that the rate was stronger in the first half (JanтАУJun) by a margin of 0.0530 points.

H1 Avg (JanтАУJun) 4.3730
H2 Avg (JulтАУDec) 4.3199

Volatility Range Comparison

Volatility

The most volatile month in 2021 was October, with a trading range of 0.1112 MAD (High: 4.3863 / Low: 4.2752). On the other end, July was the most stable month, with a tight range of 0.0472 MAD (High: 4.3251 / Low: 4.2778).

October Spread (Volatile) ┬▒0.1112
July Spread (Stable) ┬▒0.0472

Growth Streaks & Declines

Trends

Between August and November, 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 May and June, when the average rate fell by 0.0350 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0350

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2021: 4.4072) against the same month in 2020 (average: 4.3942), the exchange rate shifted by +0.0130 (+0.30%).

2021 Avg (February) 4.4072
2020 Avg (February) 4.3942

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Month High Low Average
January 4.4101 4.3223 4.3737
February 4.4642 4.3767 4.4072
March 4.4365 4.3555 4.4033
April 4.4126 4.3362 4.3716
May 4.4214 4.3314 4.3586
June 4.3568 4.2935 4.3236
July 4.3251 4.2778 4.2976
August 4.3352 4.2398 4.2858
September 4.3145 4.2573 4.2975
October 4.3863 4.2752 4.3313
November 4.3899 4.3333 4.3614
December 4.3835 4.2975 4.3460