2024 MAD to BAM Historical Review

YEARLY HIGH

0.1873 BAM

YEARLY LOW

0.1781 BAM

YEARLY AVERAGE

0.1819 BAM

2024 MAD to BAM Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MAD to BAM exchange rate experienced significant fluctuation. The market reached its absolute peak on December 19, valuing the pair at 0.1873. Conversely, the yearly low was recorded on March 8, dropping to 0.1781.

This high-to-low spread represents a total annual volatility of 0.0092 BAM. From a start-to-finish perspective, comparing the January average rate of 0.1801 to the December average rate of 0.1863, the exchange rate registered a net change of 3.47% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.1873 was up 1.43% compared to the 2023 peak of 0.1847, 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 937 BAM

2023 Average 893 BAM

Yearly Trough Low 890 BAM

Transaction Impact: A difference of 46.16 BAM purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.1871

0.1782

JanuMarcMayJulySeptNove

MAD to BAM 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 0.1806, compared to 0.1832 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0026 points.

H1 Avg (Jan–Jun) 0.1806

H2 Avg (Jul–Dec) 0.1832

Volatility Range Comparison

Volatility

The most volatile month in 2024 was January, with a trading range of 0.0043 BAM (High: 0.1826 / Low: 0.1784). On the other end, May was the most stable month, with a tight range of 0.0017 BAM (High: 0.1822 / Low: 0.1805).

January Spread (Volatile) ±0.0043

May Spread (Stable) ±0.0017

Growth Streaks & Declines

Trends

Between March and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.0012 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0012

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.1863) against the same month in 2023 (average: 0.1785), the exchange rate shifted by +0.0079 (+4.41%).

2024 Avg (December) 0.1863

2023 Avg (December) 0.1785

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1826	0.1784	0.1801
February	0.1812	0.1784	0.1801
March	0.1800	0.1781	0.1790
April	0.1827	0.1789	0.1805
May	0.1822	0.1805	0.1812
June	0.1843	0.1808	0.1826
July	0.1839	0.1818	0.1828
August	0.1845	0.1807	0.1822
September	0.1820	0.1802	0.1810
October	0.1838	0.1807	0.1822
November	0.1866	0.1824	0.1848
December	0.1873	0.1850	0.1863