2022 SVC to MAD Historical Review

YEARLY HIGH

1.2670 MAD

YEARLY LOW

1.0518 MAD

YEARLY AVERAGE

1.1606 MAD

2022 SVC to MAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the SVC to MAD exchange rate experienced significant fluctuation. The market reached its absolute peak on September 28, valuing the pair at 1.2670. Conversely, the yearly low was recorded on January 13, dropping to 1.0518.

This high-to-low spread represents a total annual volatility of 0.2153 MAD. From a start-to-finish perspective, comparing the January average rate of 1.0619 to the December average rate of 1.2016, the exchange rate registered a net change of 13.15% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 1.2670 was up 18.88% compared to the 2021 peak of 1.0658, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 6,335 MAD

2021 Average 5,137 MAD

Yearly Trough Low 5,259 MAD

Transaction Impact: A difference of 1,076.25 MAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

1.2715

1.0429

JanuMarcMayJulySeptNove

SVC 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 1.1088, compared to 1.2124 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1036 points.

H1 Avg (Jan–Jun) 1.1088

H2 Avg (Jul–Dec) 1.2124

Volatility Range Comparison

Volatility

The most volatile month in 2022 was September, with a trading range of 0.0575 MAD (High: 1.2670 / Low: 1.2096). On the other end, December was the most stable month, with a tight range of 0.0177 MAD (High: 1.2106 / Low: 1.1928).

September Spread (Volatile) ±0.0575

December Spread (Stable) ±0.0177

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 0.0316 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0316

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2022: 1.2283) against the same month in 2021 (average: 1.0248), the exchange rate shifted by +0.2034 (+19.85%).

2022 Avg (September) 1.2283

2021 Avg (September) 1.0248

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.0785	1.0518	1.0619
February	1.0906	1.0622	1.0732
March	1.1424	1.0919	1.1123
April	1.1435	1.1088	1.1209
May	1.1589	1.1293	1.1432
June	1.1608	1.1231	1.1411
July	1.2004	1.1447	1.1697
August	1.2093	1.1688	1.1890
September	1.2670	1.2096	1.2283
October	1.2618	1.2396	1.2524
November	1.2630	1.2156	1.2332
December	1.2106	1.1928	1.2016