YEARLY HIGH
0.0123 MAD
YEARLY LOW
0.0098 MAD
YEARLY AVERAGE
0.0109 MAD

2024 ARS to MAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the ARS to MAD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 5, valuing the pair at 0.0123. Conversely, the yearly low was recorded on December 16, dropping to 0.0098.

This high-to-low spread represents a total annual volatility of 0.0025 MAD. From a start-to-finish perspective, comparing the January average rate of 0.0122 to the December average rate of 0.0098, the exchange rate registered a net change of -19.30% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0123 was down 79.26% compared to the 2023 peak of 0.0591, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 61 MAD
2023 Average 194 MAD
Yearly Trough Low 49 MAD
Transaction Impact: A difference of 12.46 MAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0124
0.0096
JanuMarcMayJulySeptNove

ARS 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 0.0117, compared to 0.0102 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0015 points.

H1 Avg (Jan–Jun) 0.0117
H2 Avg (Jul–Dec) 0.0102

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.0005 MAD (High: 0.0107 / Low: 0.0101). On the other end, December was the most stable month, with a tight range of 0.0001 MAD (High: 0.0099 / Low: 0.0098).

August Spread (Volatile) ±0.0005
December Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2024. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0003 points.

Longest Streak 0 Mo.
Sharpest MoM Drop -0.0003

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 0.0122) against the same month in 2023 (average: 0.0562), the exchange rate shifted by -0.0441 (-78.36%).

2024 Avg (January) 0.0122
2023 Avg (January) 0.0562

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0123 0.0120 0.0122
February 0.0121 0.0120 0.0121
March 0.0120 0.0118 0.0118
April 0.0118 0.0115 0.0116
May 0.0116 0.0111 0.0113
June 0.0111 0.0109 0.0110
July 0.0109 0.0106 0.0107
August 0.0107 0.0101 0.0104
September 0.0103 0.0100 0.0101
October 0.0102 0.0099 0.0101
November 0.0101 0.0099 0.0100
December 0.0099 0.0098 0.0098