YEARLY HIGH
0.2090 BBD
YEARLY LOW
0.1967 BBD
YEARLY AVERAGE
0.2013 BBD

2024 MAD to BBD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MAD to BBD exchange rate experienced significant fluctuation. The market reached its absolute peak on August 24, valuing the pair at 0.2090. Conversely, the yearly low was recorded on April 16, dropping to 0.1967.

This high-to-low spread represents a total annual volatility of 0.0123 BBD. From a start-to-finish perspective, comparing the January average rate of 0.2010 to the December average rate of 0.1997, the exchange rate registered a net change of -0.65% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.2090 was up 0.41% compared to the 2023 peak of 0.2082, 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 1,045 BBD
2023 Average 988 BBD
Yearly Trough Low 984 BBD
Transaction Impact: A difference of 61.49 BBD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.2064
0.1974
JanuMarcMayJulySeptNove

MAD to BBD 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 0.1997, compared to 0.2029 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0032 points.

H1 Avg (Jan–Jun) 0.1997
H2 Avg (Jul–Dec) 0.2029

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.0078 BBD (High: 0.2090 / Low: 0.2013). On the other end, February was the most stable month, with a tight range of 0.0022 BBD (High: 0.1999 / Low: 0.1977).

August Spread (Volatile) ±0.0078
February Spread (Stable) ±0.0022

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 0.0025 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0025

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2024: 0.2051) against the same month in 2023 (average: 0.2020), the exchange rate shifted by +0.0030 (+1.50%).

2024 Avg (August) 0.2051
2023 Avg (August) 0.2020

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.2031 0.1996 0.2010
February 0.1999 0.1977 0.1989
March 0.2005 0.1973 0.1989
April 0.2001 0.1967 0.1981
May 0.2019 0.1978 0.2002
June 0.2025 0.1992 0.2009
July 0.2044 0.2005 0.2029
August 0.2090 0.2013 0.2051
September 0.2069 0.2040 0.2056
October 0.2051 0.2013 0.2031
November 0.2038 0.1985 0.2009
December 0.2011 0.1980 0.1997