YEARLY HIGH
0.4256 MAD
YEARLY LOW
0.4059 MAD
YEARLY AVERAGE
0.4146 MAD

2021 CZK to MAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the CZK to MAD exchange rate experienced significant fluctuation. The market reached its absolute peak on May 31, valuing the pair at 0.4256. Conversely, the yearly low was recorded on March 8, dropping to 0.4059.

This high-to-low spread represents a total annual volatility of 0.0197 MAD. From a start-to-finish perspective, comparing the January average rate of 0.4146 to the December average rate of 0.4146, the exchange rate registered a net change of 0.01% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.4256 was down 0.82% compared to the 2020 peak of 0.4291, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,128 MAD
2020 Average 2,047 MAD
Yearly Trough Low 2,029 MAD
Transaction Impact: A difference of 98.74 MAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.4221
0.4082
JanuMarcMayJulySeptNove

CZK 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 0.4158, compared to 0.4135 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0024 points.

H1 Avg (Jan–Jun) 0.4158
H2 Avg (Jul–Dec) 0.4135

Volatility Range Comparison

Volatility

The most volatile month in 2021 was December, with a trading range of 0.0157 MAD (High: 0.4243 / Low: 0.4086). On the other end, August was the most stable month, with a tight range of 0.0059 MAD (High: 0.4173 / Low: 0.4113).

December Spread (Volatile) ±0.0157
August Spread (Stable) ±0.0059

Growth Streaks & Declines

Trends

Between March and May, 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 February and March, when the average rate fell by 0.0087 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0087

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2021: 0.4209) against the same month in 2020 (average: 0.3941), the exchange rate shifted by +0.0268 (+6.81%).

2021 Avg (May) 0.4209
2020 Avg (May) 0.3941

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.4183 0.4084 0.4146
February 0.4222 0.4118 0.4180
March 0.4132 0.4059 0.4093
April 0.4171 0.4077 0.4129
May 0.4256 0.4150 0.4209
June 0.4240 0.4130 0.4191
July 0.4164 0.4092 0.4127
August 0.4173 0.4113 0.4145
September 0.4178 0.4101 0.4157
October 0.4154 0.4068 0.4118
November 0.4170 0.4062 0.4115
December 0.4243 0.4086 0.4146