YEARLY HIGH
0.7099 MAD
YEARLY LOW
0.5586 MAD
YEARLY AVERAGE
0.6185 MAD

2022 TRY to MAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the TRY to MAD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 0.7099. Conversely, the yearly low was recorded on December 31, dropping to 0.5586.

This high-to-low spread represents a total annual volatility of 0.1512 MAD. From a start-to-finish perspective, comparing the January average rate of 0.6867 to the December average rate of 0.5638, the exchange rate registered a net change of -17.89% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.7099 was down 44.72% compared to the 2021 peak of 1.2841, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 35,494 MAD
2021 Average 51,974 MAD
Yearly Trough Low 27,932 MAD
Transaction Impact: A difference of 7,561.87 MAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.7005
0.5514
JanuMarcMayJulySeptNove

TRY 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 0.6564, compared to 0.5806 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0758 points.

H1 Avg (Jan–Jun) 0.6564
H2 Avg (Jul–Dec) 0.5806

Volatility Range Comparison

Volatility

The most volatile month in 2022 was May, with a trading range of 0.0723 MAD (High: 0.6748 / Low: 0.6025). On the other end, December was the most stable month, with a tight range of 0.0096 MAD (High: 0.5682 / Low: 0.5586).

May Spread (Volatile) ±0.0723
December Spread (Stable) ±0.0096

Growth Streaks & Declines

Trends

Between August and October, 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 May and June, when the average rate fell by 0.0524 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0524

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2022: 0.6867) against the same month in 2021 (average: 1.2035), the exchange rate shifted by -0.5168 (-42.94%).

2022 Avg (January) 0.6867
2021 Avg (January) 1.2035

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.7099 0.6659 0.6867
February 0.7019 0.6721 0.6881
March 0.6884 0.6536 0.6661
April 0.6755 0.6588 0.6674
May 0.6748 0.6025 0.6414
June 0.6086 0.5715 0.5890
July 0.6015 0.5720 0.5865
August 0.5834 0.5710 0.5775
September 0.5995 0.5765 0.5867
October 0.5940 0.5815 0.5897
November 0.5927 0.5716 0.5796
December 0.5682 0.5586 0.5638