2024 AED to MAD Historical Review

YEARLY HIGH

2.7682 MAD

YEARLY LOW

2.6051 MAD

YEARLY AVERAGE

2.7059 MAD

2024 AED to MAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the AED to MAD exchange rate experienced significant fluctuation. The market reached its absolute peak on April 16, valuing the pair at 2.7682. Conversely, the yearly low was recorded on August 24, dropping to 2.6051.

This high-to-low spread represents a total annual volatility of 0.1632 MAD. From a start-to-finish perspective, comparing the January average rate of 2.7095 to the December average rate of 2.7270, the exchange rate registered a net change of 0.65% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 2.7682 was down 3.32% compared to the 2023 peak of 2.8632, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 13,841 MAD

2023 Average 13,781 MAD

Yearly Trough Low 13,025 MAD

Transaction Impact: A difference of 815.77 MAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

2.7585

2.6381

JanuMarcMayJulySeptNove

AED 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 2.7273, compared to 2.6844 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0428 points.

H1 Avg (Jan–Jun) 2.7273

H2 Avg (Jul–Dec) 2.6844

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.1006 MAD (High: 2.7056 / Low: 2.6051). On the other end, February was the most stable month, with a tight range of 0.0306 MAD (High: 2.7545 / Low: 2.7239).

August Spread (Volatile) ±0.1006

February Spread (Stable) ±0.0306

Growth Streaks & Declines

Trends

Between September and December, 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 0.0288 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0288

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2024: 2.7485) against the same month in 2023 (average: 2.7582), the exchange rate shifted by -0.0097 (-0.35%).

2024 Avg (April) 2.7485

2023 Avg (April) 2.7582

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.7278	2.6817	2.7095
February	2.7545	2.7239	2.7383
March	2.7603	2.7157	2.7376
April	2.7682	2.7222	2.7485
May	2.7531	2.6965	2.7198
June	2.7337	2.6887	2.7100
July	2.7161	2.6644	2.6842
August	2.7056	2.6051	2.6555
September	2.6686	2.6317	2.6482
October	2.7049	2.6553	2.6814
November	2.7429	2.6723	2.7103
December	2.7506	2.7080	2.7270