2024 IMP to MAD Historical Review

YEARLY HIGH

10.1664 MAD

YEARLY LOW

9.5682 MAD

YEARLY AVERAGE

9.9384 MAD

2024 IMP to MAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the IMP to MAD exchange rate experienced significant fluctuation. The market reached its absolute peak on April 16, valuing the pair at 10.1664. Conversely, the yearly low was recorded on August 24, dropping to 9.5682.

This high-to-low spread represents a total annual volatility of 0.5982 MAD. From a start-to-finish perspective, comparing the January average rate of 9.9516 to the December average rate of 10.0164, the exchange rate registered a net change of 0.65% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 10.1664 was down 3.33% compared to the 2023 peak of 10.5165, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 50,832 MAD

2023 Average 50,613 MAD

Yearly Trough Low 47,841 MAD

Transaction Impact: A difference of 2,990.83 MAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

10.1307

9.6899

JanuMarcMayJulySeptNove

IMP 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 10.0168, compared to 9.8599 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1569 points.

H1 Avg (Jan–Jun) 10.0168

H2 Avg (Jul–Dec) 9.8599

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.3696 MAD (High: 9.9378 / Low: 9.5682). On the other end, February was the most stable month, with a tight range of 0.1124 MAD (High: 10.1174 / Low: 10.0050).

August Spread (Volatile) ±0.3696

February Spread (Stable) ±0.1124

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 July and August, when the average rate fell by 0.1058 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.1058

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2024: 10.0940) against the same month in 2023 (average: 10.1292), the exchange rate shifted by -0.0352 (-0.35%).

2024 Avg (April) 10.0940

2023 Avg (April) 10.1292

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	10.0194	9.8497	9.9516
February	10.1174	10.0050	10.0577
March	10.1366	9.9744	10.0543
April	10.1664	9.9969	10.0940
May	10.1117	9.9044	9.9898
June	10.0409	9.8756	9.9536
July	9.9763	9.7863	9.8592
August	9.9378	9.5682	9.7534
September	9.8016	9.6662	9.7267
October	9.9350	9.7529	9.8488
November	10.0745	9.8155	9.9547
December	10.1028	9.9464	10.0164