2021 PKR to MAD Historical Review

YEARLY HIGH

0.0594 MAD

YEARLY LOW

0.0518 MAD

YEARLY AVERAGE

0.0553 MAD

2021 PKR to MAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the PKR to MAD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 31, valuing the pair at 0.0594. Conversely, the yearly low was recorded on October 26, dropping to 0.0518.

This high-to-low spread represents a total annual volatility of 0.0076 MAD. From a start-to-finish perspective, comparing the January average rate of 0.0555 to the December average rate of 0.0521, the exchange rate registered a net change of -5.99% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.0594 was down 5.99% compared to the 2020 peak of 0.0632, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 500,000 PKR based on timing:

Yearly Peak High 29,687 MAD

2020 Average 29,361 MAD

Yearly Trough Low 25,893 MAD

Transaction Impact: A difference of 3,793.59 MAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.0591

0.0515

JanuMarcMayJulySeptNove

PKR 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 0.0570, compared to 0.0535 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0035 points.

H1 Avg (Jan–Jun) 0.0570

H2 Avg (Jul–Dec) 0.0535

Volatility Range Comparison

Volatility

The most volatile month in 2021 was March, with a trading range of 0.0028 MAD (High: 0.0594 / Low: 0.0566). On the other end, September was the most stable month, with a tight range of 0.0008 MAD (High: 0.0535 / Low: 0.0528).

March Spread (Volatile) ±0.0028

September Spread (Stable) ±0.0008

Growth Streaks & Declines

Trends

Between January and April, 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 July and August, when the average rate fell by 0.0014 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0014

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2021: 0.0577) against the same month in 2020 (average: 0.0612), the exchange rate shifted by -0.0035 (-5.68%).

2021 Avg (March) 0.0577

2020 Avg (March) 0.0612

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0559	0.0549	0.0555
February	0.0567	0.0558	0.0561
March	0.0594	0.0566	0.0577
April	0.0593	0.0577	0.0585
May	0.0583	0.0569	0.0578
June	0.0573	0.0562	0.0567
July	0.0568	0.0548	0.0559
August	0.0551	0.0536	0.0544
September	0.0535	0.0528	0.0532
October	0.0532	0.0518	0.0527
November	0.0535	0.0520	0.0528
December	0.0530	0.0518	0.0521

2021 PKR నుండి MAD చారిత్రక సమీక్ష