2024 BIF to MAD Historical Review

YEARLY HIGH

0.0035 MAD

YEARLY LOW

0.0033 MAD

YEARLY AVERAGE

0.0034 MAD

2024 BIF to MAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BIF to MAD exchange rate experienced significant fluctuation. The market reached its absolute peak on April 17, valuing the pair at 0.0035. Conversely, the yearly low was recorded on October 14, dropping to 0.0033.

This high-to-low spread represents a total annual volatility of 0.0002 MAD. From a start-to-finish perspective, comparing the January average rate of 0.0035 to the December average rate of 0.0034, the exchange rate registered a net change of -2.57% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0035 was down 30.18% compared to the 2023 peak of 0.0051, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 18 MAD

2023 Average 20 MAD

Yearly Trough Low 17 MAD

Transaction Impact: A difference of 1.13 MAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0035

0.0033

JanuMarcMayJulySeptNove

BIF 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 0.0035, compared to 0.0034 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0035

H2 Avg (Jul–Dec) 0.0034

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.0001 MAD (High: 0.0035 / Low: 0.0033). On the other end, March was the most stable month, with a tight range of 0.0000 MAD (High: 0.0035 / Low: 0.0035).

August Spread (Volatile) ±0.0001

March Spread (Stable) ±0.0000

Growth Streaks & Declines

Trends

Between September and November, 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 April and May, when the average rate fell by 0.0000 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2024: 0.0035) against the same month in 2023 (average: 0.0049), the exchange rate shifted by -0.0013 (-27.69%).

2024 Avg (April) 0.0035

2023 Avg (April) 0.0049

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0035	0.0035	0.0035
February	0.0035	0.0035	0.0035
March	0.0035	0.0035	0.0035
April	0.0035	0.0035	0.0035
May	0.0035	0.0034	0.0035
June	0.0035	0.0034	0.0035
July	0.0035	0.0034	0.0034
August	0.0035	0.0033	0.0034
September	0.0034	0.0033	0.0034
October	0.0034	0.0033	0.0034
November	0.0035	0.0034	0.0034
December	0.0034	0.0034	0.0034