2024 MAD to AZN Historical Review

YEARLY HIGH

0.1777 AZN

YEARLY LOW

0.1672 AZN

YEARLY AVERAGE

0.1711 AZN

2024 MAD to AZN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MAD to AZN exchange rate experienced significant fluctuation. The market reached its absolute peak on August 24, valuing the pair at 0.1777. Conversely, the yearly low was recorded on April 16, dropping to 0.1672.

This high-to-low spread represents a total annual volatility of 0.0105 AZN. From a start-to-finish perspective, comparing the January average rate of 0.1709 to the December average rate of 0.1697, the exchange rate registered a net change of -0.67% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.1777 was up 0.41% compared to the 2023 peak of 0.1769, 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 888 AZN

2023 Average 840 AZN

Yearly Trough Low 836 AZN

Transaction Impact: A difference of 52.27 AZN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.1754

0.1678

JanuMarcMayJulySeptNove

MAD to AZN 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 0.1697, compared to 0.1724 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0027 points.

H1 Avg (Jan–Jun) 0.1697

H2 Avg (Jul–Dec) 0.1724

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.0066 AZN (High: 0.1777 / Low: 0.1711). On the other end, February was the most stable month, with a tight range of 0.0019 AZN (High: 0.1699 / Low: 0.1680).

August Spread (Volatile) ±0.0066

February Spread (Stable) ±0.0019

Growth Streaks & Declines

Trends

Between April and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0022 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0022

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2024: 0.1743) against the same month in 2023 (average: 0.1717), the exchange rate shifted by +0.0026 (+1.50%).

2024 Avg (August) 0.1743

2023 Avg (August) 0.1717

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1726	0.1697	0.1709
February	0.1699	0.1680	0.1690
March	0.1704	0.1677	0.1691
April	0.1702	0.1672	0.1685
May	0.1716	0.1681	0.1702
June	0.1721	0.1693	0.1708
July	0.1737	0.1704	0.1724
August	0.1777	0.1711	0.1743
September	0.1759	0.1734	0.1748
October	0.1743	0.1711	0.1726
November	0.1732	0.1687	0.1708
December	0.1709	0.1683	0.1697