YEARLY HIGH
1163.6992 GNF
YEARLY LOW
1001.0764 GNF
YEARLY AVERAGE
1095.2468 GNF

2021 MAD to GNF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the MAD to GNF exchange rate experienced significant fluctuation. The market reached its absolute peak on January 9, valuing the pair at 1163.6992. Conversely, the yearly low was recorded on December 17, dropping to 1001.0764.

This high-to-low spread represents a total annual volatility of 162.6228 GNF. From a start-to-finish perspective, comparing the January average rate of 1146.0324 to the December average rate of 1017.0668, the exchange rate registered a net change of -11.25% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 1163.6992 was up 3.46% compared to the 2020 peak of 1124.8322, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 5,818,496 GNF
2020 Average 5,074,939 GNF
Yearly Trough Low 5,005,382 GNF
Transaction Impact: A difference of 813,114.05 GNF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

1158.9290
1004.1703
JanuMarcMayJulySeptNove

MAD to GNF 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 1122.6775, compared to 1067.8162 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 54.8613 points.

H1 Avg (Jan–Jun) 1122.6775
H2 Avg (Jul–Dec) 1067.8162

Volatility Range Comparison

Volatility

The most volatile month in 2021 was January, with a trading range of 43.3123 GNF (High: 1163.6992 / Low: 1120.3869). On the other end, June was the most stable month, with a tight range of 12.4331 GNF (High: 1113.8675 / Low: 1101.4344).

January Spread (Volatile) ±43.3123
June Spread (Stable) ±12.4331

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 October and November, when the average rate fell by 32.1172 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -32.1172

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2021: 1146.0324) against the same month in 2020 (average: 987.1935), the exchange rate shifted by +158.8390 (+16.09%).

2021 Avg (January) 1146.0324
2020 Avg (January) 987.1935

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1163.6992 1120.3869 1146.0324
February 1153.1005 1123.5049 1137.1936
March 1132.6975 1105.1843 1118.0329
April 1120.3546 1102.7099 1113.2317
May 1121.3474 1104.3463 1114.1694
June 1113.8675 1101.4344 1107.4048
July 1104.6283 1090.1825 1096.9005
August 1097.6806 1083.3118 1090.2778
September 1097.2383 1077.0397 1090.2739
October 1079.2979 1062.4158 1072.2475
November 1060.1017 1017.3711 1040.1304
December 1030.0268 1001.0764 1017.0668