YEARLY HIGH
2.2228 MAD
YEARLY LOW
2.1072 MAD
YEARLY AVERAGE
2.1699 MAD

2021 MYR to MAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the MYR to MAD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 2, valuing the pair at 2.2228. Conversely, the yearly low was recorded on August 1, dropping to 2.1072.

This high-to-low spread represents a total annual volatility of 0.1156 MAD. From a start-to-finish perspective, comparing the January average rate of 2.2050 to the December average rate of 2.1975, the exchange rate registered a net change of -0.34% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 2.2228 was down 6.31% compared to the 2020 peak of 2.3724, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 20,000 MYR based on timing:

Yearly Peak High 44,455 MAD
2020 Average 45,196 MAD
Yearly Trough Low 42,143 MAD
Transaction Impact: A difference of 2,312.10 MAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

2.2182
2.1173
JanuMarcMayJulySeptNove

MYR 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 2.1780, compared to 2.1617 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0163 points.

H1 Avg (Jan–Jun) 2.1780
H2 Avg (Jul–Dec) 2.1617

Volatility Range Comparison

Volatility

The most volatile month in 2021 was May, with a trading range of 0.0663 MAD (High: 2.1894 / Low: 2.1231). On the other end, June was the most stable month, with a tight range of 0.0173 MAD (High: 2.1535 / Low: 2.1362).

May Spread (Volatile) ±0.0663
June Spread (Stable) ±0.0173

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 0.0257 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0257

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2021: 2.2098) against the same month in 2020 (average: 2.3268), the exchange rate shifted by -0.1170 (-5.03%).

2021 Avg (February) 2.2098
2020 Avg (February) 2.3268

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.2193 2.1785 2.2050
February 2.2228 2.2008 2.2098
March 2.2142 2.1796 2.1909
April 2.1887 2.1605 2.1716
May 2.1894 2.1231 2.1460
June 2.1535 2.1362 2.1448
July 2.1526 2.1072 2.1281
August 2.1546 2.1072 2.1257
September 2.1653 2.1453 2.1528
October 2.1871 2.1646 2.1749
November 2.2057 2.1796 2.1914
December 2.2220 2.1757 2.1975