2022 NAD to MAD Historical Review

YEARLY HIGH

0.6736 MAD

YEARLY LOW

0.5792 MAD

YEARLY AVERAGE

0.6237 MAD

2022 NAD to MAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the NAD to MAD exchange rate experienced significant fluctuation. The market reached its absolute peak on April 13, valuing the pair at 0.6736. Conversely, the yearly low was recorded on January 4, dropping to 0.5792.

This high-to-low spread represents a total annual volatility of 0.0944 MAD. From a start-to-finish perspective, comparing the January average rate of 0.5994 to the December average rate of 0.6100, the exchange rate registered a net change of 1.77% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.6736 was up 2.72% compared to the 2021 peak of 0.6557, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,368 MAD

2021 Average 3,043 MAD

Yearly Trough Low 2,896 MAD

Transaction Impact: A difference of 471.75 MAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.6614

0.5938

JanuMarcMayJulySeptNove

NAD 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 0.6302, compared to 0.6172 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0130 points.

H1 Avg (Jan–Jun) 0.6302

H2 Avg (Jul–Dec) 0.6172

Volatility Range Comparison

Volatility

The most volatile month in 2022 was July, with a trading range of 0.0586 MAD (High: 0.6631 / Low: 0.6045). On the other end, May was the most stable month, with a tight range of 0.0161 MAD (High: 0.6356 / Low: 0.6194).

July Spread (Volatile) ±0.0586

May Spread (Stable) ±0.0161

Growth Streaks & Declines

Trends

Between January and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0276 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0276

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2022: 0.6558) against the same month in 2021 (average: 0.6187), the exchange rate shifted by +0.0371 (+6.00%).

2022 Avg (April) 0.6558

2021 Avg (April) 0.6187

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.6159	0.5792	0.5994
February	0.6281	0.5996	0.6164
March	0.6677	0.6130	0.6484
April	0.6736	0.6230	0.6558
May	0.6356	0.6194	0.6281
June	0.6478	0.6216	0.6334
July	0.6631	0.6045	0.6365
August	0.6383	0.6113	0.6233
September	0.6282	0.5969	0.6125
October	0.6146	0.5930	0.6053
November	0.6312	0.5946	0.6158
December	0.6243	0.5943	0.6100