YEARLY HIGH
0.0558 MAD
YEARLY LOW
0.0430 MAD
YEARLY AVERAGE
0.0499 MAD

2022 PKR to MAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the PKR to MAD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 8, valuing the pair at 0.0558. Conversely, the yearly low was recorded on August 1, dropping to 0.0430.

This high-to-low spread represents a total annual volatility of 0.0128 MAD. From a start-to-finish perspective, comparing the January average rate of 0.0526 to the December average rate of 0.0467, the exchange rate registered a net change of -11.26% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.0558 was down 5.99% compared to the 2021 peak of 0.0594, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 500,000 PKR based on timing:

Yearly Peak High 27,907 MAD
2021 Average 27,638 MAD
Yearly Trough Low 21,502 MAD
Transaction Impact: A difference of 6,405.15 MAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.0548
0.0459
JanuMarcMayJulySeptNove

PKR 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 0.0523, compared to 0.0476 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0047 points.

H1 Avg (Jan–Jun) 0.0523
H2 Avg (Jul–Dec) 0.0476

Volatility Range Comparison

Volatility

The most volatile month in 2022 was July, with a trading range of 0.0065 MAD (High: 0.0496 / Low: 0.0431). On the other end, February was the most stable month, with a tight range of 0.0012 MAD (High: 0.0542 / Low: 0.0530).

July Spread (Volatile) ±0.0065
February Spread (Stable) ±0.0012

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 May and June, when the average rate fell by 0.0028 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0028

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2022: 0.0541) against the same month in 2021 (average: 0.0577), the exchange rate shifted by -0.0036 (-6.27%).

2022 Avg (March) 0.0541
2021 Avg (March) 0.0577

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0534 0.0521 0.0526
February 0.0542 0.0530 0.0535
March 0.0558 0.0527 0.0541
April 0.0541 0.0523 0.0532
May 0.0539 0.0489 0.0516
June 0.0499 0.0473 0.0488
July 0.0496 0.0431 0.0471
August 0.0490 0.0430 0.0472
September 0.0486 0.0444 0.0466
October 0.0506 0.0480 0.0496
November 0.0498 0.0474 0.0485
December 0.0473 0.0461 0.0467