2024 BWP to MAD Historical Review

YEARLY HIGH

0.7479 MAD

YEARLY LOW

0.7119 MAD

YEARLY AVERAGE

0.7330 MAD

2024 BWP to MAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BWP to MAD exchange rate experienced significant fluctuation. The market reached its absolute peak on October 1, valuing the pair at 0.7479. Conversely, the yearly low was recorded on May 1, dropping to 0.7119.

This high-to-low spread represents a total annual volatility of 0.0360 MAD. From a start-to-finish perspective, comparing the January average rate of 0.7328 to the December average rate of 0.7303, the exchange rate registered a net change of -0.34% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.7479 was down 8.88% compared to the 2023 peak of 0.8208, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,740 MAD

2023 Average 3,791 MAD

Yearly Trough Low 3,560 MAD

Transaction Impact: A difference of 179.92 MAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.7411

0.7259

JanuMarcMayJulySeptNove

BWP 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 0.7336, compared to 0.7324 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) 0.7336

H2 Avg (Jul–Dec) 0.7324

Volatility Range Comparison

Volatility

The most volatile month in 2024 was April, with a trading range of 0.0286 MAD (High: 0.7410 / Low: 0.7124). On the other end, March was the most stable month, with a tight range of 0.0128 MAD (High: 0.7417 / Low: 0.7290).

April Spread (Volatile) ±0.0286

March Spread (Stable) ±0.0128

Growth Streaks & Declines

Trends

Between January and March, 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 November and December, when the average rate fell by 0.0049 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0049

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2024: 0.7398) against the same month in 2023 (average: 0.7479), the exchange rate shifted by -0.0081 (-1.08%).

2024 Avg (October) 0.7398

2023 Avg (October) 0.7479

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.7421	0.7184	0.7328
February	0.7414	0.7277	0.7337
March	0.7417	0.7290	0.7359
April	0.7410	0.7124	0.7341
May	0.7404	0.7119	0.7344
June	0.7392	0.7177	0.7305
July	0.7379	0.7219	0.7277
August	0.7369	0.7218	0.7271
September	0.7449	0.7280	0.7345
October	0.7479	0.7339	0.7398
November	0.7458	0.7276	0.7352
December	0.7388	0.7233	0.7303