2022 NPR to MAD Historical Review

YEARLY HIGH

0.0852 MAD

YEARLY LOW

0.0775 MAD

YEARLY AVERAGE

0.0808 MAD

2022 NPR to MAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the NPR to MAD exchange rate experienced significant fluctuation. The market reached its absolute peak on September 18, valuing the pair at 0.0852. Conversely, the yearly low was recorded on February 13, dropping to 0.0775.

This high-to-low spread represents a total annual volatility of 0.0077 MAD. From a start-to-finish perspective, comparing the January average rate of 0.0780 to the December average rate of 0.0797, the exchange rate registered a net change of 2.17% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.0852 was up 9.05% compared to the 2021 peak of 0.0782, 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 426 MAD

2021 Average 380 MAD

Yearly Trough Low 388 MAD

Transaction Impact: A difference of 38.73 MAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.0844

0.0774

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 0.0796, compared to 0.0819 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0023 points.

H1 Avg (Jan–Jun) 0.0796

H2 Avg (Jul–Dec) 0.0819

Volatility Range Comparison

Volatility

The most volatile month in 2022 was July, with a trading range of 0.0029 MAD (High: 0.0822 / Low: 0.0793). On the other end, January was the most stable month, with a tight range of 0.0014 MAD (High: 0.0790 / Low: 0.0775).

July Spread (Volatile) ±0.0029

January Spread (Stable) ±0.0014

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 November and December, when the average rate fell by 0.0028 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0028

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2022: 0.0838) against the same month in 2021 (average: 0.0762), the exchange rate shifted by +0.0076 (+9.93%).

2022 Avg (September) 0.0838

2021 Avg (September) 0.0762

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0790	0.0775	0.0780
February	0.0791	0.0775	0.0783
March	0.0813	0.0789	0.0798
April	0.0818	0.0799	0.0805
May	0.0820	0.0796	0.0809
June	0.0812	0.0791	0.0800
July	0.0822	0.0793	0.0805
August	0.0832	0.0804	0.0818
September	0.0852	0.0830	0.0838
October	0.0842	0.0820	0.0832
November	0.0838	0.0814	0.0825
December	0.0815	0.0788	0.0797