2021 NPR to MAD Historical Review

YEARLY HIGH

0.0782 MAD

YEARLY LOW

0.0742 MAD

YEARLY AVERAGE

0.0761 MAD

2021 NPR to MAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the NPR to MAD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 28, valuing the pair at 0.0782. Conversely, the yearly low was recorded on April 13, dropping to 0.0742.

This high-to-low spread represents a total annual volatility of 0.0040 MAD. From a start-to-finish perspective, comparing the January average rate of 0.0761 to the December average rate of 0.0768, the exchange rate registered a net change of 0.87% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.0782 was down 8.39% compared to the 2020 peak of 0.0853, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 391 MAD

2020 Average 401 MAD

Yearly Trough Low 371 MAD

Transaction Impact: A difference of 19.93 MAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.0777

0.0748

JanuMarcMayJulySeptNove

NPR 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 0.0761, compared to 0.0760 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0761

H2 Avg (Jul–Dec) 0.0760

Volatility Range Comparison

Volatility

The most volatile month in 2021 was April, with a trading range of 0.0031 MAD (High: 0.0773 / Low: 0.0742). On the other end, September was the most stable month, with a tight range of 0.0006 MAD (High: 0.0765 / Low: 0.0759).

April Spread (Volatile) ±0.0031

September Spread (Stable) ±0.0006

Growth Streaks & Declines

Trends

Between January and March, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0021 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0021

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2021: 0.0774) against the same month in 2020 (average: 0.0814), the exchange rate shifted by -0.0040 (-4.89%).

2021 Avg (March) 0.0774

2020 Avg (March) 0.0814

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0771	0.0751	0.0761
February	0.0773	0.0764	0.0769
March	0.0782	0.0761	0.0774
April	0.0773	0.0742	0.0753
May	0.0763	0.0752	0.0756
June	0.0759	0.0748	0.0753
July	0.0754	0.0747	0.0750
August	0.0767	0.0748	0.0756
September	0.0765	0.0759	0.0762
October	0.0764	0.0751	0.0756
November	0.0778	0.0757	0.0769
December	0.0780	0.0759	0.0768