2024 DJF to MAD Historical Review

YEARLY HIGH

0.0572 MAD

YEARLY LOW

0.0540 MAD

YEARLY AVERAGE

0.0559 MAD

2024 DJF to MAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the DJF to MAD exchange rate experienced significant fluctuation. The market reached its absolute peak on April 16, valuing the pair at 0.0572. Conversely, the yearly low was recorded on September 25, dropping to 0.0540.

This high-to-low spread represents a total annual volatility of 0.0032 MAD. From a start-to-finish perspective, comparing the January average rate of 0.0559 to the December average rate of 0.0563, the exchange rate registered a net change of 0.68% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0572 was down 3.33% compared to the 2023 peak of 0.0592, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 286 MAD

2023 Average 285 MAD

Yearly Trough Low 270 MAD

Transaction Impact: A difference of 15.93 MAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0570

0.0545

JanuMarcMayJulySeptNove

DJF 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 0.0563, compared to 0.0555 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0009 points.

H1 Avg (Jan–Jun) 0.0563

H2 Avg (Jul–Dec) 0.0555

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.0017 MAD (High: 0.0559 / Low: 0.0542). On the other end, March was the most stable month, with a tight range of 0.0007 MAD (High: 0.0570 / Low: 0.0562).

August Spread (Volatile) ±0.0017

March Spread (Stable) ±0.0007

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 0.0005 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0005

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2024: 0.0568) against the same month in 2023 (average: 0.0570), the exchange rate shifted by -0.0003 (-0.45%).

2024 Avg (April) 0.0568

2023 Avg (April) 0.0570

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0564	0.0554	0.0559
February	0.0569	0.0561	0.0565
March	0.0570	0.0562	0.0566
April	0.0572	0.0563	0.0568
May	0.0569	0.0557	0.0562
June	0.0564	0.0554	0.0560
July	0.0561	0.0551	0.0554
August	0.0559	0.0542	0.0549
September	0.0551	0.0540	0.0547
October	0.0561	0.0549	0.0554
November	0.0568	0.0552	0.0560
December	0.0568	0.0558	0.0563