YEARLY HIGH
9.7006 ALL
YEARLY LOW
9.1039 ALL
YEARLY AVERAGE
9.3636 ALL

2024 MAD to ALL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MAD to ALL exchange rate experienced significant fluctuation. The market reached its absolute peak on January 23, valuing the pair at 9.7006. Conversely, the yearly low was recorded on September 30, dropping to 9.1039.

This high-to-low spread represents a total annual volatility of 0.5967 ALL. From a start-to-finish perspective, comparing the January average rate of 9.5671 to the December average rate of 9.3686, the exchange rate registered a net change of -2.07% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 9.7006 was down 9.58% compared to the 2023 peak of 10.7282, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 48,503 ALL
2023 Average 49,661 ALL
Yearly Trough Low 45,520 ALL
Transaction Impact: A difference of 2,983.34 ALL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

9.6044
9.1557
JanuMarcMayJulySeptNove

MAD to ALL 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 9.4420, compared to 9.2851 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1570 points.

H1 Avg (Jan–Jun) 9.4420
H2 Avg (Jul–Dec) 9.2851

Volatility Range Comparison

Volatility

The most volatile month in 2024 was January, with a trading range of 0.2512 ALL (High: 9.7006 / Low: 9.4494). On the other end, July was the most stable month, with a tight range of 0.0901 ALL (High: 9.4193 / Low: 9.3292).

January Spread (Volatile) ±0.2512
July Spread (Stable) ±0.0901

Growth Streaks & Declines

Trends

Between May and July, 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 August and September, when the average rate fell by 0.1058 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.1058

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 9.5671) against the same month in 2023 (average: 10.5488), the exchange rate shifted by -0.9818 (-9.31%).

2024 Avg (January) 9.5671
2023 Avg (January) 10.5488

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 9.7006 9.4494 9.5671
February 9.6338 9.4666 9.5662
March 9.5415 9.3676 9.4626
April 9.4937 9.2746 9.3747
May 9.3634 9.2708 9.3101
June 9.4413 9.2787 9.3715
July 9.4193 9.3292 9.3789
August 9.3669 9.2131 9.3040
September 9.2736 9.1039 9.1982
October 9.2503 9.1155 9.1931
November 9.3639 9.1615 9.2676
December 9.4165 9.3068 9.3686