2024 MAD to ARS Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 MAD to ARS Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the MAD to ARS exchange rate experienced significant fluctuation. The market reached its absolute peak on December 16, valuing the pair at 102.4045. Conversely, the yearly low was recorded on January 5, dropping to 81.5797.
This high-to-low spread represents a total annual volatility of 20.8248 ARS. From a start-to-finish perspective, comparing the January average rate of 82.1661 to the December average rate of 101.8190, the exchange rate registered a net change of 23.92% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2024 high of 102.4045 was up 24.85% compared to the 2023 peak of 82.0223, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 MAD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
MAD to ARS Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 85.8478, compared to 98.3894 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 12.5417 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was August, with a trading range of 5.0446 ARS (High: 98.8016 / Low: 93.7570). On the other end, December was the most stable month, with a tight range of 1.2819 ARS (High: 102.4045 / Low: 101.1226).
Growth Streaks & Declines
TrendsBetween January and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 11 straight months. No significant month-over-month rate declines were detected.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2024: 101.8190) against the same month in 2023 (average: 63.0685), the exchange rate shifted by +38.7505 (+61.44%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 83.4486 | 81.5797 | 82.1661 |
| February | 83.6705 | 82.3055 | 82.9335 |
| March | 85.0746 | 83.5391 | 84.5947 |
| April | 86.7499 | 85.0043 | 85.9719 |
| May | 89.9746 | 86.3171 | 88.6431 |
| June | 91.7255 | 89.8358 | 90.7774 |
| July | 94.4877 | 91.6434 | 93.5176 |
| August | 98.8016 | 93.7570 | 96.4513 |
| September | 100.1982 | 97.2056 | 98.7305 |
| October | 100.6505 | 98.5078 | 99.4322 |
| November | 101.1765 | 99.1908 | 100.3860 |
| December | 102.4045 | 101.1226 | 101.8190 |