2024 CRC to MAD Historical Review

YEARLY HIGH

0.0203 MAD

YEARLY LOW

0.0183 MAD

YEARLY AVERAGE

0.0193 MAD

2024 CRC to MAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the CRC to MAD exchange rate experienced significant fluctuation. The market reached its absolute peak on April 16, valuing the pair at 0.0203. Conversely, the yearly low was recorded on August 27, dropping to 0.0183.

This high-to-low spread represents a total annual volatility of 0.0021 MAD. From a start-to-finish perspective, comparing the January average rate of 0.0193 to the December average rate of 0.0198, the exchange rate registered a net change of 2.86% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0203 was up 4.38% compared to the 2023 peak of 0.0195, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 102 MAD

2023 Average 94 MAD

Yearly Trough Low 91 MAD

Transaction Impact: A difference of 10.26 MAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0202

0.0184

JanuMarcMayJulySeptNove

CRC 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 0.0195, compared to 0.0191 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0004 points.

H1 Avg (Jan–Jun) 0.0195

H2 Avg (Jul–Dec) 0.0191

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.0008 MAD (High: 0.0190 / Low: 0.0183). On the other end, December was the most stable month, with a tight range of 0.0004 MAD (High: 0.0200 / Low: 0.0196).

August Spread (Volatile) ±0.0008

December Spread (Stable) ±0.0004

Growth Streaks & Declines

Trends

Between August and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.0005 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0005

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2024: 0.0200) against the same month in 2023 (average: 0.0189), the exchange rate shifted by +0.0011 (+5.89%).

2024 Avg (April) 0.0200

2023 Avg (April) 0.0189

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0196	0.0190	0.0193
February	0.0197	0.0193	0.0195
March	0.0202	0.0195	0.0198
April	0.0203	0.0197	0.0200
May	0.0198	0.0191	0.0195
June	0.0192	0.0187	0.0189
July	0.0190	0.0184	0.0187
August	0.0190	0.0183	0.0186
September	0.0189	0.0185	0.0187
October	0.0193	0.0188	0.0191
November	0.0198	0.0191	0.0195
December	0.0200	0.0196	0.0198