2024 MAD to BOB Historical Review

YEARLY HIGH

0.7224 BOB

YEARLY LOW

0.6806 BOB

YEARLY AVERAGE

0.6956 BOB

2024 MAD to BOB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MAD to BOB exchange rate experienced significant fluctuation. The market reached its absolute peak on August 24, valuing the pair at 0.7224. Conversely, the yearly low was recorded on April 23, dropping to 0.6806.

This high-to-low spread represents a total annual volatility of 0.0417 BOB. From a start-to-finish perspective, comparing the January average rate of 0.6943 to the December average rate of 0.6899, the exchange rate registered a net change of -0.63% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.7224 was up 0.69% compared to the 2023 peak of 0.7174, 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 3,612 BOB

2023 Average 3,413 BOB

Yearly Trough Low 3,403 BOB

Transaction Impact: A difference of 208.67 BOB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.7133

0.6831

JanuMarcMayJulySeptNove

MAD to BOB 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 0.6901, compared to 0.7012 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0111 points.

H1 Avg (Jan–Jun) 0.6901

H2 Avg (Jul–Dec) 0.7012

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.0276 BOB (High: 0.7224 / Low: 0.6947). On the other end, September was the most stable month, with a tight range of 0.0100 BOB (High: 0.7149 / Low: 0.7050).

August Spread (Volatile) ±0.0276

September Spread (Stable) ±0.0100

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 0.0082 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0082

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2024: 0.7080) against the same month in 2023 (average: 0.6980), the exchange rate shifted by +0.0100 (+1.43%).

2024 Avg (August) 0.7080

2023 Avg (August) 0.6980

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.7013	0.6894	0.6943
February	0.6920	0.6816	0.6873
March	0.6920	0.6817	0.6872
April	0.6916	0.6806	0.6856
May	0.6976	0.6833	0.6917
June	0.7004	0.6876	0.6943
July	0.7060	0.6927	0.7007
August	0.7224	0.6947	0.7080
September	0.7149	0.7050	0.7108
October	0.7082	0.6956	0.7026
November	0.7057	0.6864	0.6951
December	0.6952	0.6840	0.6899