YEARLY HIGH
2.6569 MAD
YEARLY LOW
2.4847 MAD
YEARLY AVERAGE
2.5477 MAD

2021 PGK to MAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the PGK to MAD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 18, valuing the pair at 2.6569. Conversely, the yearly low was recorded on June 1, dropping to 2.4847.

This high-to-low spread represents a total annual volatility of 0.1722 MAD. From a start-to-finish perspective, comparing the January average rate of 2.5209 to the December average rate of 2.6222, the exchange rate registered a net change of 4.02% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 2.6569 was down 11.59% compared to the 2020 peak of 3.0051, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 13,285 MAD
2020 Average 13,694 MAD
Yearly Trough Low 12,424 MAD
Transaction Impact: A difference of 860.94 MAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

2.6335
2.4973
JanuMarcMayJulySeptNove

PGK 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 2.5256, compared to 2.5699 in the second half (H2: JulтАУDec). This shows that the rate was stronger in the second half (JulтАУDec) by a margin of 0.0442 points.

H1 Avg (JanтАУJun) 2.5256
H2 Avg (JulтАУDec) 2.5699

Volatility Range Comparison

Volatility

The most volatile month in 2021 was September, with a trading range of 0.0661 MAD (High: 2.5747 / Low: 2.5086). On the other end, October was the most stable month, with a tight range of 0.0339 MAD (High: 2.5838 / Low: 2.5499).

September Spread (Volatile) ┬▒0.0661
October Spread (Stable) ┬▒0.0339

Growth Streaks & Declines

Trends

Between August and December, 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 April and May, when the average rate fell by 0.0219 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0219

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2021: 2.6222) against the same month in 2020 (average: 2.5545), the exchange rate shifted by +0.0677 (+2.65%).

2021 Avg (December) 2.6222
2020 Avg (December) 2.5545

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

рдкреНрд░рддреНрдпреЗрдХ рдХреЕрд▓реЗрдВрдбрд░ рдорд╣рд┐рдиреНрдпрд╛рд╕рд╛рдареА рд╕рд╛рдВрдЦреНрдпрд┐рдХреАрдп рд╕рд╛рд░рд╛рдВрд╢.

Month High Low Average
January 2.5428 2.4871 2.5209
February 2.5602 2.5034 2.5283
March 2.5741 2.5314 2.5501
April 2.5646 2.5070 2.5305
May 2.5404 2.4856 2.5087
June 2.5441 2.4847 2.5153
July 2.5672 2.5044 2.5449
August 2.5643 2.5237 2.5396
September 2.5747 2.5086 2.5455
October 2.5838 2.5499 2.5676
November 2.6290 2.5735 2.5993
December 2.6569 2.5974 2.6222