2024 MAD to BIF Historical Review

YEARLY HIGH

300.9196 BIF

YEARLY LOW

281.7331 BIF

YEARLY AVERAGE

290.2817 BIF

2024 MAD to BIF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MAD to BIF exchange rate experienced significant fluctuation. The market reached its absolute peak on October 14, valuing the pair at 300.9196. Conversely, the yearly low was recorded on April 17, dropping to 281.7331.

This high-to-low spread represents a total annual volatility of 19.1864 BIF. From a start-to-finish perspective, comparing the January average rate of 286.7314 to the December average rate of 294.2903, the exchange rate registered a net change of 2.64% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 300.9196 was up 2.17% compared to the 2023 peak of 294.5272, 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 1,504,598 BIF

2023 Average 1,260,600 BIF

Yearly Trough Low 1,408,666 BIF

Transaction Impact: A difference of 95,932.17 BIF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

298.8976

282.5237

JanuMarcMayJulySeptNove

MAD to BIF 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 285.9617, compared to 294.6016 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 8.6399 points.

H1 Avg (Jan–Jun) 285.9617

H2 Avg (Jul–Dec) 294.6016

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 11.1114 BIF (High: 300.7885 / Low: 289.6771). On the other end, March was the most stable month, with a tight range of 3.2739 BIF (High: 285.7499 / Low: 282.4760).

August Spread (Volatile) ±11.1114

March Spread (Stable) ±3.2739

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 2.5628 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -2.5628

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2024: 294.9703) against the same month in 2023 (average: 276.2951), the exchange rate shifted by +18.6753 (+6.76%).

2024 Avg (October) 294.9703

2023 Avg (October) 276.2951

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	289.7315	285.0673	286.7314
February	286.1873	281.7882	284.3399
March	285.7499	282.4760	284.5400
April	286.3557	281.7331	283.8882
May	290.3770	283.6540	287.2908
June	290.9487	286.0120	288.9801
July	293.9063	288.4144	291.9953
August	300.7885	289.6771	295.3626
September	299.8421	294.9970	297.5331
October	300.9196	291.1424	294.9703
November	297.7867	287.3592	293.4580
December	297.0179	290.8906	294.2903