YEARLY HIGH
0.0082 MAD
YEARLY LOW
0.0075 MAD
YEARLY AVERAGE
0.0079 MAD

2021 KRW to MAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the KRW to MAD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 0.0082. Conversely, the yearly low was recorded on November 8, dropping to 0.0075.

This high-to-low spread represents a total annual volatility of 0.0007 MAD. From a start-to-finish perspective, comparing the January average rate of 0.0081 to the December average rate of 0.0078, 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 0.0082 was down 3.42% compared to the 2020 peak of 0.0085, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 41,111 MAD
2020 Average 40,264 MAD
Yearly Trough Low 37,742 MAD
Transaction Impact: A difference of 3,369.32 MAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.0081
0.0076
JanuMarcMayJulySeptNove

KRW 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 0.0080, compared to 0.0077 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0003 points.

H1 Avg (Jan–Jun) 0.0080
H2 Avg (Jul–Dec) 0.0077

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 0.0003 MAD (High: 0.0078 / Low: 0.0075). On the other end, December was the most stable month, with a tight range of 0.0001 MAD (High: 0.0079 / Low: 0.0078).

November Spread (Volatile) ±0.0003
December Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between September and December, 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 April and May, when the average rate fell by 0.0001 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2021: 0.0081) against the same month in 2020 (average: 0.0082), the exchange rate shifted by -0.0001 (-1.72%).

2021 Avg (January) 0.0081
2020 Avg (January) 0.0082

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0082 0.0080 0.0081
February 0.0081 0.0079 0.0080
March 0.0081 0.0079 0.0080
April 0.0081 0.0080 0.0080
May 0.0080 0.0078 0.0079
June 0.0080 0.0078 0.0079
July 0.0079 0.0077 0.0078
August 0.0078 0.0076 0.0077
September 0.0077 0.0076 0.0076
October 0.0078 0.0076 0.0077
November 0.0078 0.0075 0.0077
December 0.0079 0.0078 0.0078