2021 PHP to MAD Historical Review

YEARLY HIGH

0.1876 MAD

YEARLY LOW

0.1758 MAD

YEARLY AVERAGE

0.1825 MAD

2021 PHP to MAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the PHP to MAD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 2, valuing the pair at 0.1876. Conversely, the yearly low was recorded on July 19, dropping to 0.1758.

This high-to-low spread represents a total annual volatility of 0.0118 MAD. From a start-to-finish perspective, comparing the January average rate of 0.1852 to the December average rate of 0.1840, the exchange rate registered a net change of -0.69% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.1876 was down 7.80% compared to the 2020 peak of 0.2035, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 250,000 PHP based on timing:

Yearly Peak High 46,899 MAD

2020 Average 47,844 MAD

Yearly Trough Low 43,948 MAD

Transaction Impact: A difference of 2,950.96 MAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.1863

0.1779

JanuMarcMayJulySeptNove

PHP 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 0.1850, compared to 0.1801 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0049 points.

H1 Avg (Jan–Jun) 0.1850

H2 Avg (Jul–Dec) 0.1801

Volatility Range Comparison

Volatility

The most volatile month in 2021 was August, with a trading range of 0.0073 MAD (High: 0.1840 / Low: 0.1767). On the other end, October was the most stable month, with a tight range of 0.0022 MAD (High: 0.1799 / Low: 0.1778).

August Spread (Volatile) ±0.0073

October Spread (Stable) ±0.0022

Growth Streaks & Declines

Trends

Between October and December, 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 June and July, when the average rate fell by 0.0053 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0053

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2021: 0.1852) against the same month in 2020 (average: 0.1905), the exchange rate shifted by -0.0052 (-2.75%).

2021 Avg (February) 0.1852

2020 Avg (February) 0.1905

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1868	0.1832	0.1852
February	0.1876	0.1815	0.1852
March	0.1872	0.1841	0.1856
April	0.1872	0.1835	0.1849
May	0.1861	0.1828	0.1849
June	0.1856	0.1822	0.1840
July	0.1821	0.1758	0.1787
August	0.1840	0.1767	0.1787
September	0.1799	0.1762	0.1786
October	0.1799	0.1778	0.1786
November	0.1840	0.1794	0.1819
December	0.1870	0.1803	0.1840