2021 SYP to MAD Historical Review

YEARLY HIGH

0.0176 MAD

YEARLY LOW

0.0037 MAD

YEARLY AVERAGE

0.0090 MAD

2021 SYP to MAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the SYP to MAD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 8, valuing the pair at 0.0176. Conversely, the yearly low was recorded on December 8, dropping to 0.0037.

This high-to-low spread represents a total annual volatility of 0.0140 MAD. From a start-to-finish perspective, comparing the January average rate of 0.0174 to the December average rate of 0.0037, the exchange rate registered a net change of -78.79% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.0176 was down 11.91% compared to the 2020 peak of 0.0200, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 88 MAD

2020 Average 92 MAD

Yearly Trough Low 18 MAD

Transaction Impact: A difference of 69.89 MAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.0188

0.0023

JanuMarcMayJulySeptNove

SYP 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 0.0117, compared to 0.0063 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0054 points.

H1 Avg (Jan–Jun) 0.0117

H2 Avg (Jul–Dec) 0.0063

Volatility Range Comparison

Volatility

The most volatile month in 2021 was March, with a trading range of 0.0105 MAD (High: 0.0176 / Low: 0.0072). On the other end, October was the most stable month, with a tight range of 0.0000 MAD (High: 0.0072 / Low: 0.0072).

March Spread (Volatile) ±0.0105

October Spread (Stable) ±0.0000

Growth Streaks & Declines

Trends

Between May and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0073 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0073

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2021: 0.0144) against the same month in 2020 (average: 0.0188), the exchange rate shifted by -0.0044 (-23.43%).

2021 Avg (March) 0.0144

2020 Avg (March) 0.0188

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0175	0.0172	0.0174
February	0.0176	0.0173	0.0174
March	0.0176	0.0072	0.0144
April	0.0072	0.0071	0.0071
May	0.0071	0.0070	0.0070
June	0.0071	0.0070	0.0070
July	0.0071	0.0071	0.0071
August	0.0072	0.0071	0.0071
September	0.0072	0.0071	0.0071
October	0.0072	0.0072	0.0072
November	0.0073	0.0037	0.0058
December	0.0037	0.0037	0.0037