YEARLY HIGH
0.0068 MAD
YEARLY LOW
0.0046 MAD
YEARLY AVERAGE
0.0056 MAD

2021 MMK to MAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the MMK to MAD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 2, valuing the pair at 0.0068. Conversely, the yearly low was recorded on October 7, dropping to 0.0046.

This high-to-low spread represents a total annual volatility of 0.0022 MAD. From a start-to-finish perspective, comparing the January average rate of 0.0067 to the December average rate of 0.0052, the exchange rate registered a net change of -22.33% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.0068 was down 7.55% compared to the 2020 peak of 0.0073, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 34 MAD
2020 Average 35 MAD
Yearly Trough Low 23 MAD
Transaction Impact: A difference of 10.78 MAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.0069
0.0046
JanuMarcMayJulySeptNove

MMK 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 0.0061, compared to 0.0052 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0009 points.

H1 Avg (Jan–Jun) 0.0061
H2 Avg (Jul–Dec) 0.0052

Volatility Range Comparison

Volatility

The most volatile month in 2021 was April, with a trading range of 0.0007 MAD (High: 0.0064 / Low: 0.0057). On the other end, July was the most stable month, with a tight range of 0.0000 MAD (High: 0.0055 / Low: 0.0054).

April Spread (Volatile) ±0.0007
July Spread (Stable) ±0.0000

Growth Streaks & Declines

Trends

Between June and August, 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 April and May, when the average rate fell by 0.0007 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0007

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2021: 0.0064) against the same month in 2020 (average: 0.0067), the exchange rate shifted by -0.0003 (-4.29%).

2021 Avg (February) 0.0064
2020 Avg (February) 0.0067

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0067 0.0066 0.0067
February 0.0068 0.0063 0.0064
March 0.0064 0.0063 0.0064
April 0.0064 0.0057 0.0062
May 0.0058 0.0053 0.0055
June 0.0054 0.0054 0.0054
July 0.0055 0.0054 0.0054
August 0.0055 0.0054 0.0054
September 0.0054 0.0048 0.0051
October 0.0050 0.0046 0.0048
November 0.0052 0.0050 0.0051
December 0.0052 0.0052 0.0052