2022 PGK to MAD Historical Review

YEARLY HIGH

3.1481 MAD

YEARLY LOW

2.6067 MAD

YEARLY AVERAGE

2.8793 MAD

2022 PGK to MAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the PGK to MAD exchange rate experienced significant fluctuation. The market reached its absolute peak on September 28, valuing the pair at 3.1481. Conversely, the yearly low was recorded on January 17, dropping to 2.6067.

This high-to-low spread represents a total annual volatility of 0.5414 MAD. From a start-to-finish perspective, comparing the January average rate of 2.6368 to the December average rate of 2.9824, the exchange rate registered a net change of 13.11% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 3.1481 was up 18.49% compared to the 2021 peak of 2.6569, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 15,740 MAD

2021 Average 12,740 MAD

Yearly Trough Low 13,033 MAD

Transaction Impact: A difference of 2,706.88 MAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

3.1573

2.5895

JanuMarcMayJulySeptNove

PGK 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 2.7513, compared to 3.0074 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2561 points.

H1 Avg (Jan–Jun) 2.7513

H2 Avg (Jul–Dec) 3.0074

Volatility Range Comparison

Volatility

The most volatile month in 2022 was September, with a trading range of 0.1583 MAD (High: 3.1481 / Low: 2.9898). On the other end, October was the most stable month, with a tight range of 0.0630 MAD (High: 3.1332 / Low: 3.0702).

September Spread (Volatile) ±0.1583

October Spread (Stable) ±0.0630

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 0.0800 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0800

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2022: 3.0505) against the same month in 2021 (average: 2.5455), the exchange rate shifted by +0.5050 (+19.84%).

2022 Avg (September) 3.0505

2021 Avg (September) 2.5455

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.6870	2.6067	2.6368
February	2.7217	2.6367	2.6675
March	2.8291	2.7163	2.7644
April	2.8429	2.7545	2.7891
May	2.8830	2.7688	2.8359
June	2.8569	2.7537	2.8138
July	2.9811	2.8297	2.8846
August	3.0104	2.9070	2.9541
September	3.1481	2.9898	3.0505
October	3.1332	3.0702	3.1100
November	3.1286	3.0227	3.0625
December	3.0122	2.9358	2.9824