YEARLY HIGH
0.0927 MAD
YEARLY LOW
0.0806 MAD
YEARLY AVERAGE
0.0863 MAD

2024 BDT to MAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BDT to MAD exchange rate experienced significant fluctuation. The market reached its absolute peak on April 16, valuing the pair at 0.0927. Conversely, the yearly low was recorded on August 26, dropping to 0.0806.

This high-to-low spread represents a total annual volatility of 0.0121 MAD. From a start-to-finish perspective, comparing the January average rate of 0.0907 to the December average rate of 0.0838, the exchange rate registered a net change of -7.55% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0927 was down 8.87% compared to the 2023 peak of 0.1017, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 463 MAD
2023 Average 469 MAD
Yearly Trough Low 403 MAD
Transaction Impact: A difference of 60.27 MAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0931
0.0803
JanuMarcMayJulySeptNove

BDT 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 0.0896, compared to 0.0829 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0067 points.

H1 Avg (Jan–Jun) 0.0896
H2 Avg (Jul–Dec) 0.0829

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 0.0076 MAD (High: 0.0921 / Low: 0.0846). On the other end, March was the most stable month, with a tight range of 0.0011 MAD (High: 0.0924 / Low: 0.0913).

May Spread (Volatile) ±0.0076
March Spread (Stable) ±0.0011

Growth Streaks & Declines

Trends

Between January and April, 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 April and May, when the average rate fell by 0.0050 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0050

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2024: 0.0920) against the same month in 2023 (average: 0.0954), the exchange rate shifted by -0.0034 (-3.60%).

2024 Avg (April) 0.0920
2023 Avg (April) 0.0954

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0913 0.0898 0.0907
February 0.0924 0.0910 0.0916
March 0.0924 0.0913 0.0917
April 0.0927 0.0913 0.0920
May 0.0921 0.0846 0.0870
June 0.0855 0.0840 0.0847
July 0.0849 0.0833 0.0839
August 0.0846 0.0806 0.0825
September 0.0820 0.0809 0.0814
October 0.0831 0.0816 0.0824
November 0.0842 0.0821 0.0833
December 0.0845 0.0832 0.0838