YEARLY HIGH
12.7224 AFN
YEARLY LOW
8.5103 AFN
YEARLY AVERAGE
9.2696 AFN

2021 MAD to AFN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the MAD to AFN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 15, valuing the pair at 12.7224. Conversely, the yearly low was recorded on March 30, dropping to 8.5103.

This high-to-low spread represents a total annual volatility of 4.2121 AFN. From a start-to-finish perspective, comparing the January average rate of 8.6824 to the December average rate of 11.0104, the exchange rate registered a net change of 26.81% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 12.7224 was up 46.35% compared to the 2020 peak of 8.6934, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 63,612 AFN
2020 Average 40,519 AFN
Yearly Trough Low 42,552 AFN
Transaction Impact: A difference of 21,060.59 AFN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

11.2514
8.3600
JanuMarcMayJulySeptNove

MAD to AFN 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 8.7115, compared to 9.8277 in the second half (H2: JulтАУDec). This shows that the rate was stronger in the second half (JulтАУDec) by a margin of 1.1162 points.

H1 Avg (JanтАУJun) 8.7115
H2 Avg (JulтАУDec) 9.8277

Volatility Range Comparison

Volatility

The most volatile month in 2021 was December, with a trading range of 2.3210 AFN (High: 12.7224 / Low: 10.4014). On the other end, June was the most stable month, with a tight range of 0.1144 AFN (High: 8.9264 / Low: 8.8120).

December Spread (Volatile) ┬▒2.3210
June Spread (Stable) ┬▒0.1144

Growth Streaks & Declines

Trends

Between March and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 9 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0438 points.

Longest Streak 9 Mo.
Sharpest MoM Drop -0.0438

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2021: 11.0104) against the same month in 2020 (average: 8.5809), the exchange rate shifted by +2.4295 (+28.31%).

2021 Avg (December) 11.0104
2020 Avg (December) 8.5809

рдорд╛рд╕рд┐рдХ рд╡рд┐рд╢реНрд▓реЗрд╖рдг

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Month High Low Average
January 8.7786 8.6158 8.6824
February 8.8127 8.5820 8.6447
March 8.6746 8.5103 8.6010
April 8.7984 8.5270 8.6782
May 8.9496 8.6678 8.7870
June 8.9264 8.8120 8.8757
July 9.1837 8.8494 8.9474
August 9.6214 8.8903 9.2691
September 9.9296 9.4712 9.6673
October 10.0404 9.8560 9.9494
November 10.4039 9.9542 10.1225
December 12.7224 10.4014 11.0104