YEARLY HIGH
0.0124 MAD
YEARLY LOW
0.0096 MAD
YEARLY AVERAGE
0.0110 MAD

2022 MWK to MAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the MWK to MAD exchange rate experienced significant fluctuation. The market reached its absolute peak on May 13, valuing the pair at 0.0124. Conversely, the yearly low was recorded on June 8, dropping to 0.0096.

This high-to-low spread represents a total annual volatility of 0.0028 MAD. From a start-to-finish perspective, comparing the January average rate of 0.0114 to the December average rate of 0.0103, the exchange rate registered a net change of -9.87% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.0124 was up 6.43% compared to the 2021 peak of 0.0117, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 62 MAD
2021 Average 56 MAD
Yearly Trough Low 48 MAD
Transaction Impact: A difference of 14.09 MAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.0125
0.0098
JanuMarcMayJulySeptNove

MWK 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 0.0116, compared to 0.0104 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0012 points.

H1 Avg (Jan–Jun) 0.0116
H2 Avg (Jul–Dec) 0.0104

Volatility Range Comparison

Volatility

The most volatile month in 2022 was June, with a trading range of 0.0025 MAD (High: 0.0121 / Low: 0.0096). On the other end, December was the most stable month, with a tight range of 0.0001 MAD (High: 0.0103 / Low: 0.0102).

June Spread (Volatile) ±0.0025
December Spread (Stable) ±0.0001

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 May and June, when the average rate fell by 0.0020 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0020

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2022: 0.0122) against the same month in 2021 (average: 0.0112), the exchange rate shifted by +0.0011 (+9.69%).

2022 Avg (May) 0.0122
2021 Avg (May) 0.0112

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0115 0.0113 0.0114
February 0.0118 0.0114 0.0116
March 0.0124 0.0118 0.0120
April 0.0123 0.0119 0.0121
May 0.0124 0.0120 0.0122
June 0.0121 0.0096 0.0103
July 0.0102 0.0098 0.0100
August 0.0104 0.0100 0.0102
September 0.0108 0.0103 0.0105
October 0.0108 0.0105 0.0107
November 0.0108 0.0104 0.0105
December 0.0103 0.0102 0.0103