2024 AOA to MAD Historical Review

YEARLY HIGH

0.0122 MAD

YEARLY LOW

0.0102 MAD

YEARLY AVERAGE

0.0114 MAD

2024 AOA to MAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the AOA to MAD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 28, valuing the pair at 0.0122. Conversely, the yearly low was recorded on October 2, dropping to 0.0102.

This high-to-low spread represents a total annual volatility of 0.0020 MAD. From a start-to-finish perspective, comparing the January average rate of 0.0120 to the December average rate of 0.0110, the exchange rate registered a net change of -8.48% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0122 was down 41.52% compared to the 2023 peak of 0.0209, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 61 MAD

2023 Average 78 MAD

Yearly Trough Low 51 MAD

Transaction Impact: A difference of 9.97 MAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0123

0.0103

JanuMarcMayJulySeptNove

AOA 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 0.0120, compared to 0.0109 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0011 points.

H1 Avg (Jan–Jun) 0.0120

H2 Avg (Jul–Dec) 0.0109

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.0007 MAD (High: 0.0113 / Low: 0.0106). On the other end, February was the most stable month, with a tight range of 0.0002 MAD (High: 0.0122 / Low: 0.0120).

August Spread (Volatile) ±0.0007

February Spread (Stable) ±0.0002

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 August and September, when the average rate fell by 0.0005 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0005

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2024: 0.0121) against the same month in 2023 (average: 0.0204), the exchange rate shifted by -0.0083 (-40.67%).

2024 Avg (February) 0.0121

2023 Avg (February) 0.0204

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0120	0.0119	0.0120
February	0.0122	0.0120	0.0121
March	0.0122	0.0120	0.0120
April	0.0122	0.0119	0.0121
May	0.0121	0.0116	0.0119
June	0.0118	0.0116	0.0116
July	0.0116	0.0112	0.0113
August	0.0113	0.0106	0.0110
September	0.0107	0.0103	0.0105
October	0.0109	0.0102	0.0108
November	0.0110	0.0108	0.0109
December	0.0111	0.0109	0.0110