2024 LRD to MAD Historical Review

YEARLY HIGH

0.0560 MAD

YEARLY LOW

0.0485 MAD

YEARLY AVERAGE

0.0520 MAD

2024 LRD to MAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the LRD to MAD exchange rate experienced significant fluctuation. The market reached its absolute peak on November 27, valuing the pair at 0.0560. Conversely, the yearly low was recorded on September 22, dropping to 0.0485.

This high-to-low spread represents a total annual volatility of 0.0075 MAD. From a start-to-finish perspective, comparing the January average rate of 0.0526 to the December average rate of 0.0555, the exchange rate registered a net change of 5.42% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0560 was down 17.76% compared to the 2023 peak of 0.0681, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 280 MAD

2023 Average 291 MAD

Yearly Trough Low 242 MAD

Transaction Impact: A difference of 37.48 MAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0560

0.0492

JanuMarcMayJulySeptNove

LRD 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 0.0522, compared to 0.0518 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) 0.0522

H2 Avg (Jul–Dec) 0.0518

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0048 MAD (High: 0.0560 / Low: 0.0512). On the other end, February was the most stable month, with a tight range of 0.0004 MAD (High: 0.0530 / Low: 0.0526).

November Spread (Volatile) ±0.0048

February Spread (Stable) ±0.0004

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 April and May, when the average rate fell by 0.0008 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0008

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2024: 0.0538) against the same month in 2023 (average: 0.0541), the exchange rate shifted by -0.0003 (-0.47%).

2024 Avg (November) 0.0538

2023 Avg (November) 0.0541

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0529	0.0520	0.0526
February	0.0530	0.0526	0.0528
March	0.0526	0.0518	0.0522
April	0.0541	0.0518	0.0524
May	0.0523	0.0512	0.0516
June	0.0518	0.0509	0.0513
July	0.0513	0.0502	0.0506
August	0.0508	0.0491	0.0499
September	0.0503	0.0485	0.0497
October	0.0517	0.0503	0.0511
November	0.0560	0.0512	0.0538
December	0.0559	0.0549	0.0555