2021 SGD to MAD Historical Review

YEARLY HIGH

6.8810 MAD

YEARLY LOW

6.5619 MAD

YEARLY AVERAGE

6.6904 MAD

2021 SGD to MAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the SGD to MAD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 6.8810. Conversely, the yearly low was recorded on July 20, dropping to 6.5619.

This high-to-low spread represents a total annual volatility of 0.3191 MAD. From a start-to-finish perspective, comparing the January average rate of 6.7155 to the December average rate of 6.7886, the exchange rate registered a net change of 1.09% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 6.8810 was down 4.87% compared to the 2020 peak of 7.2331, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 34,405 MAD

2020 Average 34,409 MAD

Yearly Trough Low 32,809 MAD

Transaction Impact: A difference of 1,595.36 MAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

6.8075

6.5807

JanuMarcMayJulySeptNove

SGD 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 6.6954, compared to 6.6853 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0101 points.

H1 Avg (Jan–Jun) 6.6954

H2 Avg (Jul–Dec) 6.6853

Volatility Range Comparison

Volatility

The most volatile month in 2021 was December, with a trading range of 0.1598 MAD (High: 6.8810 / Low: 6.7211). On the other end, September was the most stable month, with a tight range of 0.0513 MAD (High: 6.6757 / Low: 6.6243).

December Spread (Volatile) ±0.1598

September Spread (Stable) ±0.0513

Growth Streaks & Declines

Trends

Between July and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0462 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0462

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2021: 6.7886) against the same month in 2020 (average: 6.7430), the exchange rate shifted by +0.0455 (+0.68%).

2021 Avg (December) 6.7886

2020 Avg (December) 6.7430

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	6.7684	6.6283	6.7155
February	6.7579	6.6955	6.7362
March	6.7410	6.6823	6.7071
April	6.7535	6.6786	6.7071
May	6.7378	6.6127	6.6609
June	6.6842	6.6046	6.6457
July	6.6416	6.5619	6.5996
August	6.6699	6.5665	6.6204
September	6.6757	6.6243	6.6542
October	6.7351	6.6591	6.7011
November	6.7915	6.7038	6.7479
December	6.8810	6.7211	6.7886