YEARLY HIGH
0.1251 MAD
YEARLY LOW
0.1187 MAD
YEARLY AVERAGE
0.1217 MAD

2021 BTN to MAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the BTN to MAD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 28, valuing the pair at 0.1251. Conversely, the yearly low was recorded on April 13, dropping to 0.1187.

This high-to-low spread represents a total annual volatility of 0.0064 MAD. From a start-to-finish perspective, comparing the January average rate of 0.1218 to the December average rate of 0.1229, the exchange rate registered a net change of 0.90% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.1251 was down 8.39% compared to the 2020 peak of 0.1365, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 625 MAD
2020 Average 641 MAD
Yearly Trough Low 593 MAD
Transaction Impact: A difference of 31.88 MAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.1243
0.1197
JanuMarcMayJulySeptNove

BTN 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 0.1218, compared to 0.1216 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.1218
H2 Avg (Jul–Dec) 0.1216

Volatility Range Comparison

Volatility

The most volatile month in 2021 was April, with a trading range of 0.0050 MAD (High: 0.1237 / Low: 0.1187). On the other end, July was the most stable month, with a tight range of 0.0010 MAD (High: 0.1206 / Low: 0.1196).

April Spread (Volatile) ±0.0050
July Spread (Stable) ±0.0010

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 March and April, when the average rate fell by 0.0034 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0034

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2021: 0.1239) against the same month in 2020 (average: 0.1303), the exchange rate shifted by -0.0064 (-4.90%).

2021 Avg (March) 0.1239
2020 Avg (March) 0.1303

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1233 0.1202 0.1218
February 0.1237 0.1223 0.1231
March 0.1251 0.1217 0.1239
April 0.1237 0.1187 0.1205
May 0.1221 0.1204 0.1209
June 0.1214 0.1197 0.1205
July 0.1206 0.1196 0.1201
August 0.1225 0.1197 0.1209
September 0.1224 0.1213 0.1220
October 0.1223 0.1202 0.1209
November 0.1245 0.1212 0.1231
December 0.1248 0.1214 0.1229