YEARLY HIGH
1.0658 MAD
YEARLY LOW
1.0056 MAD
YEARLY AVERAGE
1.0274 MAD

2021 SVC to MAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the SVC to MAD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 18, valuing the pair at 1.0658. Conversely, the yearly low was recorded on May 25, dropping to 1.0056.

This high-to-low spread represents a total annual volatility of 0.0602 MAD. From a start-to-finish perspective, comparing the January average rate of 1.0173 to the December average rate of 1.0576, the exchange rate registered a net change of 3.96% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 1.0658 was down 9.47% compared to the 2020 peak of 1.1773, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 5,329 MAD
2020 Average 5,426 MAD
Yearly Trough Low 5,028 MAD
Transaction Impact: A difference of 300.90 MAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

1.0622
1.0074
JanuMarcMayJulySeptNove

SVC 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 1.0196, compared to 1.0353 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0157 points.

H1 Avg (Jan–Jun) 1.0196
H2 Avg (Jul–Dec) 1.0353

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 0.0234 MAD (High: 1.0587 / Low: 1.0353). On the other end, October was the most stable month, with a tight range of 0.0064 MAD (High: 1.0380 / Low: 1.0316).

November Spread (Volatile) ±0.0234
October Spread (Stable) ±0.0064

Growth Streaks & Declines

Trends

Between May and August, 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 April and May, when the average rate fell by 0.0116 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0116

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2021: 1.0576) against the same month in 2020 (average: 1.0265), the exchange rate shifted by +0.0311 (+3.03%).

2021 Avg (December) 1.0576
2020 Avg (December) 1.0265

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.0250 1.0064 1.0173
February 1.0296 1.0164 1.0221
March 1.0374 1.0208 1.0295
April 1.0364 1.0144 1.0236
May 1.0251 1.0056 1.0120
June 1.0189 1.0072 1.0131
July 1.0256 1.0188 1.0221
August 1.0292 1.0167 1.0251
September 1.0360 1.0195 1.0248
October 1.0380 1.0316 1.0350
November 1.0587 1.0353 1.0469
December 1.0658 1.0514 1.0576