2021 MAD to TOP Historical Review

YEARLY HIGH

0.2588 TOP

YEARLY LOW

0.2450 TOP

YEARLY AVERAGE

0.2521 TOP

2021 MAD to TOP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the MAD to TOP exchange rate experienced significant fluctuation. The market reached its absolute peak on February 19, valuing the pair at 0.2588. Conversely, the yearly low was recorded on November 23, dropping to 0.2450.

This high-to-low spread represents a total annual volatility of 0.0138 TOP. From a start-to-finish perspective, comparing the January average rate of 0.2561 to the December average rate of 0.2469, the exchange rate registered a net change of -3.63% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.2588 was up 0.60% compared to the 2020 peak of 0.2572, 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 1,294 TOP

2020 Average 1,213 TOP

Yearly Trough Low 1,225 TOP

Transaction Impact: A difference of 69.07 TOP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.2576

0.2455

JanuMarcMayJulySeptNove

MAD to TOP 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 0.2544, compared to 0.2497 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0047 points.

H1 Avg (Jan–Jun) 0.2544

H2 Avg (Jul–Dec) 0.2497

Volatility Range Comparison

Volatility

The most volatile month in 2021 was March, with a trading range of 0.0057 TOP (High: 0.2571 / Low: 0.2514). On the other end, September was the most stable month, with a tight range of 0.0017 TOP (High: 0.2520 / Low: 0.2503).

March Spread (Volatile) ±0.0057

September Spread (Stable) ±0.0017

Growth Streaks & Declines

Trends

Between March and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0034 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0034

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2021: 0.2566) against the same month in 2020 (average: 0.2394), the exchange rate shifted by +0.0172 (+7.20%).

2021 Avg (February) 0.2566

2020 Avg (February) 0.2394

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2577	0.2547	0.2561
February	0.2588	0.2541	0.2566
March	0.2571	0.2514	0.2532
April	0.2556	0.2526	0.2542
May	0.2564	0.2521	0.2543
June	0.2532	0.2507	0.2521
July	0.2537	0.2513	0.2525
August	0.2542	0.2508	0.2524
September	0.2520	0.2503	0.2512
October	0.2508	0.2467	0.2488
November	0.2479	0.2450	0.2465
December	0.2487	0.2451	0.2469

2021 MAD నుండి TOP చారిత్రక సమీక్ష