YEARLY HIGH
1.7589 NAD
YEARLY LOW
1.5250 NAD
YEARLY AVERAGE
1.6446 NAD

2021 MAD to NAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the MAD to NAD exchange rate experienced significant fluctuation. The market reached its absolute peak on November 28, valuing the pair at 1.7589. Conversely, the yearly low was recorded on June 6, dropping to 1.5250.

This high-to-low spread represents a total annual volatility of 0.2339 NAD. From a start-to-finish perspective, comparing the January average rate of 1.6936 to the December average rate of 1.7185, the exchange rate registered a net change of 1.47% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 1.7589 was down 10.09% compared to the 2020 peak of 1.9564, 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 8,795 NAD
2020 Average 8,678 NAD
Yearly Trough Low 7,625 NAD
Transaction Impact: A difference of 1,169.53 NAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

1.7343
1.5455
JanuMarcMayJulySeptNove

MAD to NAD 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 1.6280, compared to 1.6613 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0332 points.

H1 Avg (Jan–Jun) 1.6280
H2 Avg (Jul–Dec) 1.6613

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 0.1739 NAD (High: 1.7589 / Low: 1.5851). On the other end, April was the most stable month, with a tight range of 0.0445 NAD (High: 1.6392 / Low: 1.5946).

November Spread (Volatile) ±0.1739
April Spread (Stable) ±0.0445

Growth Streaks & Declines

Trends

Between June and September, 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 March and April, when the average rate fell by 0.0470 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0470

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2021: 1.6886) against the same month in 2020 (average: 1.7023), the exchange rate shifted by -0.0137 (-0.81%).

2021 Avg (November) 1.6886
2020 Avg (November) 1.7023

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.7567 1.6456 1.6936
February 1.6797 1.6239 1.6472
March 1.7203 1.6256 1.6634
April 1.6392 1.5946 1.6164
May 1.6201 1.5567 1.5863
June 1.6084 1.5250 1.5612
July 1.6644 1.5999 1.6259
August 1.7030 1.5953 1.6386
September 1.6730 1.5956 1.6531
October 1.6747 1.5949 1.6429
November 1.7589 1.5851 1.6886
December 1.7495 1.6722 1.7185