2024 HTG to MAD Historical Review

YEARLY HIGH

0.0773 MAD

YEARLY LOW

0.0726 MAD

YEARLY AVERAGE

0.0753 MAD

2024 HTG to MAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the HTG to MAD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 0.0773. Conversely, the yearly low was recorded on August 24, dropping to 0.0726.

This high-to-low spread represents a total annual volatility of 0.0048 MAD. From a start-to-finish perspective, comparing the January average rate of 0.0756 to the December average rate of 0.0766, the exchange rate registered a net change of 1.29% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0773 was down 0.40% compared to the 2023 peak of 0.0776, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 387 MAD

2023 Average 359 MAD

Yearly Trough Low 363 MAD

Transaction Impact: A difference of 23.82 MAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0768

0.0735

JanuMarcMayJulySeptNove

HTG 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 0.0757, compared to 0.0749 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0008 points.

H1 Avg (Jan–Jun) 0.0757

H2 Avg (Jul–Dec) 0.0749

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.0026 MAD (High: 0.0752 / Low: 0.0726). On the other end, February was the most stable month, with a tight range of 0.0009 MAD (High: 0.0765 / Low: 0.0756).

August Spread (Volatile) ±0.0026

February Spread (Stable) ±0.0009

Growth Streaks & Declines

Trends

Between September and December, 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 0.0009 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0009

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.0766) against the same month in 2023 (average: 0.0759), the exchange rate shifted by +0.0006 (+0.83%).

2024 Avg (December) 0.0766

2023 Avg (December) 0.0759

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0762	0.0749	0.0756
February	0.0765	0.0756	0.0761
March	0.0765	0.0755	0.0759
April	0.0767	0.0755	0.0762
May	0.0763	0.0743	0.0753
June	0.0758	0.0744	0.0750
July	0.0753	0.0742	0.0746
August	0.0752	0.0726	0.0741
September	0.0743	0.0732	0.0738
October	0.0755	0.0740	0.0747
November	0.0767	0.0746	0.0757
December	0.0773	0.0759	0.0766