YEARLY HIGH
0.0223 MAD
YEARLY LOW
0.0210 MAD
YEARLY AVERAGE
0.0218 MAD

2024 KMF to MAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the KMF to MAD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 8, valuing the pair at 0.0223. Conversely, the yearly low was recorded on December 18, dropping to 0.0210.

This high-to-low spread represents a total annual volatility of 0.0013 MAD. From a start-to-finish perspective, comparing the January average rate of 0.0220 to the December average rate of 0.0213, the exchange rate registered a net change of -3.34% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0223 was down 2.04% compared to the 2023 peak of 0.0228, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 112 MAD
2023 Average 111 MAD
Yearly Trough Low 105 MAD
Transaction Impact: A difference of 6.53 MAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0223
0.0212
JanuMarcMayJulySeptNove

KMF 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 0.0220, compared to 0.0217 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0003 points.

H1 Avg (Jan–Jun) 0.0220
H2 Avg (Jul–Dec) 0.0217

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0006 MAD (High: 0.0219 / Low: 0.0213). On the other end, September was the most stable month, with a tight range of 0.0002 MAD (High: 0.0220 / Low: 0.0218).

November Spread (Volatile) ±0.0006
September Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

Between January and March, 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 October and November, when the average rate fell by 0.0003 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0003

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2024: 0.0222) against the same month in 2023 (average: 0.0224), the exchange rate shifted by -0.0002 (-1.04%).

2024 Avg (March) 0.0222
2023 Avg (March) 0.0224

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0223 0.0217 0.0220
February 0.0223 0.0219 0.0221
March 0.0223 0.0221 0.0222
April 0.0222 0.0217 0.0220
May 0.0221 0.0218 0.0219
June 0.0220 0.0216 0.0218
July 0.0218 0.0215 0.0217
August 0.0220 0.0214 0.0218
September 0.0220 0.0218 0.0219
October 0.0220 0.0216 0.0218
November 0.0219 0.0213 0.0215
December 0.0215 0.0210 0.0213