2024 JPY to MAD Historical Review

YEARLY HIGH

0.0703 MAD

YEARLY LOW

0.0609 MAD

YEARLY AVERAGE

0.0657 MAD

2024 JPY to MAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the JPY to MAD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 0.0703. Conversely, the yearly low was recorded on July 10, dropping to 0.0609.

This high-to-low spread represents a total annual volatility of 0.0094 MAD. From a start-to-finish perspective, comparing the January average rate of 0.0681 to the December average rate of 0.0650, the exchange rate registered a net change of -4.48% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0703 was down 12.18% compared to the 2023 peak of 0.0801, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 500,000 JPY based on timing:

Yearly Peak High 35,170 MAD

2023 Average 36,107 MAD

Yearly Trough Low 30,452 MAD

Transaction Impact: A difference of 4,717.28 MAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0686

0.0621

JanuMarcMayJulySeptNove

JPY 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 0.0659, compared to 0.0655 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) 0.0659

H2 Avg (Jul–Dec) 0.0655

Volatility Range Comparison

Volatility

The most volatile month in 2024 was July, with a trading range of 0.0054 MAD (High: 0.0663 / Low: 0.0609). On the other end, February was the most stable month, with a tight range of 0.0017 MAD (High: 0.0683 / Low: 0.0667).

July Spread (Volatile) ±0.0054

February Spread (Stable) ±0.0017

Growth Streaks & Declines

Trends

Between July and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0023 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0023

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 0.0681) against the same month in 2023 (average: 0.0786), the exchange rate shifted by -0.0105 (-13.38%).

2024 Avg (January) 0.0681

2023 Avg (January) 0.0786

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0703	0.0664	0.0681
February	0.0683	0.0667	0.0672
March	0.0684	0.0662	0.0671
April	0.0665	0.0640	0.0655
May	0.0658	0.0631	0.0642
June	0.0641	0.0618	0.0630
July	0.0663	0.0609	0.0626
August	0.0680	0.0657	0.0667
September	0.0694	0.0665	0.0680
October	0.0679	0.0643	0.0657
November	0.0669	0.0638	0.0649
December	0.0669	0.0637	0.0650