2024 IQD to MAD Historical Review

YEARLY HIGH

0.0078 MAD

YEARLY LOW

0.0073 MAD

YEARLY AVERAGE

0.0076 MAD

2024 IQD to MAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the IQD to MAD exchange rate experienced significant fluctuation. The market reached its absolute peak on April 17, valuing the pair at 0.0078. Conversely, the yearly low was recorded on September 25, dropping to 0.0073.

This high-to-low spread represents a total annual volatility of 0.0004 MAD. From a start-to-finish perspective, comparing the January average rate of 0.0076 to the December average rate of 0.0076, the exchange rate registered a net change of 0.66% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0078 was down 1.92% compared to the 2023 peak of 0.0079, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 39 MAD

2023 Average 37 MAD

Yearly Trough Low 37 MAD

Transaction Impact: A difference of 2.11 MAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0077

0.0074

JanuMarcMayJulySeptNove

IQD 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 0.0076, compared to 0.0075 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0076

H2 Avg (Jul–Dec) 0.0075

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.0002 MAD (High: 0.0076 / Low: 0.0074). On the other end, March was the most stable month, with a tight range of 0.0001 MAD (High: 0.0077 / Low: 0.0076).

August Spread (Volatile) ±0.0002

March Spread (Stable) ±0.0001

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 0.0001 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2024: 0.0077) against the same month in 2023 (average: 0.0070), the exchange rate shifted by +0.0007 (+10.33%).

2024 Avg (April) 0.0077

2023 Avg (April) 0.0070

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0077	0.0075	0.0076
February	0.0077	0.0076	0.0077
March	0.0077	0.0076	0.0077
April	0.0078	0.0077	0.0077
May	0.0077	0.0076	0.0076
June	0.0077	0.0075	0.0076
July	0.0076	0.0075	0.0075
August	0.0076	0.0074	0.0075
September	0.0075	0.0073	0.0074
October	0.0076	0.0074	0.0075
November	0.0077	0.0075	0.0076
December	0.0077	0.0076	0.0076