2021 ZAR to MAD Historical Review

YEARLY HIGH

0.6592 MAD

YEARLY LOW

0.5677 MAD

YEARLY AVERAGE

0.6086 MAD

2021 ZAR to MAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the ZAR to MAD exchange rate experienced significant fluctuation. The market reached its absolute peak on June 6, valuing the pair at 0.6592. Conversely, the yearly low was recorded on November 27, dropping to 0.5677.

This high-to-low spread represents a total annual volatility of 0.0915 MAD. From a start-to-finish perspective, comparing the January average rate of 0.5892 to the December average rate of 0.5829, the exchange rate registered a net change of -1.07% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.6592 was down 3.94% compared to the 2020 peak of 0.6863, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 50,000 ZAR based on timing:

Yearly Peak High 32,960 MAD

2020 Average 28,966 MAD

Yearly Trough Low 28,387 MAD

Transaction Impact: A difference of 4,572.72 MAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.6424

0.5775

JanuMarcMayJulySeptNove

ZAR 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 0.6140, compared to 0.6032 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0108 points.

H1 Avg (Jan–Jun) 0.6140

H2 Avg (Jul–Dec) 0.6032

Volatility Range Comparison

Volatility

The most volatile month in 2021 was January, with a trading range of 0.0410 MAD (High: 0.6092 / Low: 0.5682). On the other end, April was the most stable month, with a tight range of 0.0176 MAD (High: 0.6309 / Low: 0.6133).

January Spread (Volatile) ±0.0410

April Spread (Stable) ±0.0176

Growth Streaks & Declines

Trends

Between March and June, 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 June and July, when the average rate fell by 0.0205 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0205

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2021: 0.6369) against the same month in 2020 (average: 0.5655), the exchange rate shifted by +0.0715 (+12.64%).

2021 Avg (June) 0.6369

2020 Avg (June) 0.5655

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.6092	0.5682	0.5892
February	0.6185	0.5915	0.6057
March	0.6147	0.5823	0.6011
April	0.6309	0.6133	0.6208
May	0.6448	0.6177	0.6300
June	0.6592	0.6204	0.6369
July	0.6284	0.6040	0.6164
August	0.6230	0.5868	0.6065
September	0.6334	0.5945	0.6154
October	0.6268	0.5921	0.6087
November	0.6076	0.5677	0.5891
December	0.5976	0.5717	0.5829

2021 ZAR నుండి MAD చారిత్రక సమీక్ష