YEARLY HIGH
0.6413 MAD
YEARLY LOW
0.4156 MAD
YEARLY AVERAGE
0.5143 MAD

2021 SRD to MAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the SRD to MAD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 30, valuing the pair at 0.6413. Conversely, the yearly low was recorded on August 1, dropping to 0.4156.

This high-to-low spread represents a total annual volatility of 0.2257 MAD. From a start-to-finish perspective, comparing the January average rate of 0.6292 to the December average rate of 0.4371, the exchange rate registered a net change of -30.54% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.6413 was down 53.57% compared to the 2020 peak of 1.3812, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,207 MAD
2020 Average 5,567 MAD
Yearly Trough Low 2,078 MAD
Transaction Impact: A difference of 1,128.72 MAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.6580
0.3976
JanuMarcMayJulySeptNove

SRD 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 0.6042, compared to 0.4245 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1797 points.

H1 Avg (Jan–Jun) 0.6042
H2 Avg (Jul–Dec) 0.4245

Volatility Range Comparison

Volatility

The most volatile month in 2021 was June, with a trading range of 0.2092 MAD (High: 0.6254 / Low: 0.4162). On the other end, October was the most stable month, with a tight range of 0.0044 MAD (High: 0.4242 / Low: 0.4198).

June Spread (Volatile) ±0.2092
October Spread (Stable) ±0.0044

Growth Streaks & Declines

Trends

Between August and December, 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 May and June, when the average rate fell by 0.1562 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.1562

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2021: 0.6363) against the same month in 2020 (average: 1.2983), the exchange rate shifted by -0.6620 (-50.99%).

2021 Avg (March) 0.6363
2020 Avg (March) 1.2983

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.6337 0.6217 0.6292
February 0.6363 0.6281 0.6319
March 0.6413 0.6312 0.6363
April 0.6401 0.6273 0.6327
May 0.6335 0.6214 0.6255
June 0.6254 0.4162 0.4694
July 0.4285 0.4165 0.4226
August 0.4221 0.4156 0.4193
September 0.4236 0.4169 0.4196
October 0.4242 0.4198 0.4226
November 0.4306 0.4200 0.4259
December 0.4786 0.4276 0.4371