YEARLY HIGH
5.5751 MAD
YEARLY LOW
5.3039 MAD
YEARLY AVERAGE
5.4375 MAD

2021 BAM to MAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the BAM to MAD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 5.5751. Conversely, the yearly low was recorded on December 8, dropping to 5.3039.

This high-to-low spread represents a total annual volatility of 0.2712 MAD. From a start-to-finish perspective, comparing the January average rate of 5.5429 to the December average rate of 5.3489, the exchange rate registered a net change of -3.50% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 5.5751 was down 3.58% compared to the 2020 peak of 5.7818, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 27,876 MAD
2020 Average 27,668 MAD
Yearly Trough Low 26,520 MAD
Transaction Impact: A difference of 1,356.11 MAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

5.5629
5.3225
JanuMarcMayJulySeptNove

BAM 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 5.4962, compared to 5.3787 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1175 points.

H1 Avg (Jan–Jun) 5.4962
H2 Avg (Jul–Dec) 5.3787

Volatility Range Comparison

Volatility

The most volatile month in 2021 was April, with a trading range of 0.1070 MAD (High: 5.5289 / Low: 5.4219). On the other end, October was the most stable month, with a tight range of 0.0334 MAD (High: 5.3916 / Low: 5.3583).

April Spread (Volatile) ±0.1070
October Spread (Stable) ±0.0334

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2021. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.0535 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0535

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2021: 5.5429) against the same month in 2020 (average: 5.4544), the exchange rate shifted by +0.0885 (+1.62%).

2021 Avg (January) 5.5429
2020 Avg (January) 5.4544

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 5.5751 5.4826 5.5429
February 5.5524 5.5049 5.5286
March 5.5168 5.4383 5.4793
April 5.5289 5.4219 5.4675
May 5.5399 5.4462 5.4970
June 5.5180 5.4116 5.4622
July 5.4465 5.3927 5.4087
August 5.4219 5.3765 5.3980
September 5.4163 5.3629 5.4012
October 5.3916 5.3583 5.3729
November 5.3814 5.3088 5.3425
December 5.3964 5.3039 5.3489