2024 LKR to MAD Historical Review

YEARLY HIGH

0.0346 MAD

YEARLY LOW

0.0306 MAD

YEARLY AVERAGE

0.0329 MAD

2024 LKR to MAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the LKR to MAD exchange rate experienced significant fluctuation. The market reached its absolute peak on November 22, valuing the pair at 0.0346. Conversely, the yearly low was recorded on January 1, dropping to 0.0306.

This high-to-low spread represents a total annual volatility of 0.0040 MAD. From a start-to-finish perspective, comparing the January average rate of 0.0310 to the December average rate of 0.0343, the exchange rate registered a net change of 10.76% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0346 was down 1.52% compared to the 2023 peak of 0.0351, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 173 MAD

2023 Average 155 MAD

Yearly Trough Low 153 MAD

Transaction Impact: A difference of 20.14 MAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0347

0.0307

JanuMarcMayJulySeptNove

LKR 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 0.0327, compared to 0.0332 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0005 points.

H1 Avg (Jan–Jun) 0.0327

H2 Avg (Jul–Dec) 0.0332

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 0.0013 MAD (High: 0.0337 / Low: 0.0325). On the other end, December was the most stable month, with a tight range of 0.0005 MAD (High: 0.0345 / Low: 0.0340).

March Spread (Volatile) ±0.0013

December Spread (Stable) ±0.0005

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 May and June, when the average rate fell by 0.0006 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0006

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2024: 0.0341) against the same month in 2023 (average: 0.0310), the exchange rate shifted by +0.0031 (+10.01%).

2024 Avg (November) 0.0341

2023 Avg (November) 0.0310

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0317	0.0306	0.0310
February	0.0327	0.0317	0.0322
March	0.0337	0.0325	0.0330
April	0.0341	0.0335	0.0338
May	0.0339	0.0329	0.0334
June	0.0330	0.0325	0.0327
July	0.0328	0.0322	0.0325
August	0.0329	0.0320	0.0325
September	0.0328	0.0318	0.0323
October	0.0339	0.0331	0.0336
November	0.0346	0.0335	0.0341
December	0.0345	0.0340	0.0343