YEARLY HIGH
0.4579 MAD
YEARLY LOW
0.4207 MAD
YEARLY AVERAGE
0.4433 MAD

2021 MXN to MAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the MXN to MAD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 20, valuing the pair at 0.4579. Conversely, the yearly low was recorded on March 8, dropping to 0.4207.

This high-to-low spread represents a total annual volatility of 0.0372 MAD. From a start-to-finish perspective, comparing the January average rate of 0.4460 to the December average rate of 0.4430, the exchange rate registered a net change of -0.67% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.4579 was down 12.72% compared to the 2020 peak of 0.5246, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 50,000 MXN based on timing:

Yearly Peak High 22,894 MAD
2020 Average 22,214 MAD
Yearly Trough Low 21,035 MAD
Transaction Impact: A difference of 1,858.28 MAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.4496
0.4323
JanuMarcMayJulySeptNove

MXN 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 0.4421, compared to 0.4445 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0024 points.

H1 Avg (Jan–Jun) 0.4421
H2 Avg (Jul–Dec) 0.4445

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 0.0249 MAD (High: 0.4466 / Low: 0.4217). On the other end, May was the most stable month, with a tight range of 0.0070 MAD (High: 0.4468 / Low: 0.4398).

November Spread (Volatile) ±0.0249
May Spread (Stable) ±0.0070

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2021. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0069 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0069

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2021: 0.4460) against the same month in 2020 (average: 0.5110), the exchange rate shifted by -0.0649 (-12.71%).

2021 Avg (January) 0.4460
2020 Avg (January) 0.5110

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.4579 0.4346 0.4460
February 0.4491 0.4248 0.4406
March 0.4435 0.4207 0.4337
April 0.4498 0.4421 0.4464
May 0.4468 0.4398 0.4433
June 0.4496 0.4307 0.4424
July 0.4522 0.4446 0.4482
August 0.4521 0.4402 0.4466
September 0.4507 0.4394 0.4477
October 0.4490 0.4347 0.4427
November 0.4466 0.4217 0.4387
December 0.4527 0.4295 0.4430