2024 MAD to BRL Historical Review

YEARLY HIGH

0.6688 BRL

YEARLY LOW

0.4872 BRL

YEARLY AVERAGE

0.5428 BRL

2024 MAD to BRL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MAD to BRL exchange rate experienced significant fluctuation. The market reached its absolute peak on December 25, valuing the pair at 0.6688. Conversely, the yearly low was recorded on January 12, dropping to 0.4872.

This high-to-low spread represents a total annual volatility of 0.1816 BRL. From a start-to-finish perspective, comparing the January average rate of 0.4933 to the December average rate of 0.6112, the exchange rate registered a net change of 23.92% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.6688 was up 28.36% compared to the 2023 peak of 0.5210, 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 3,344 BRL

2023 Average 2,467 BRL

Yearly Trough Low 2,436 BRL

Transaction Impact: A difference of 908.09 BRL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.6230

0.4815

JanuMarcMayJulySeptNove

MAD to BRL 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 0.5078, compared to 0.5777 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0699 points.

H1 Avg (Jan–Jun) 0.5078

H2 Avg (Jul–Dec) 0.5777

Volatility Range Comparison

Volatility

The most volatile month in 2024 was December, with a trading range of 0.0708 BRL (High: 0.6688 / Low: 0.5980). On the other end, February was the most stable month, with a tight range of 0.0089 BRL (High: 0.4980 / Low: 0.4891).

December Spread (Volatile) ±0.0708

February Spread (Stable) ±0.0089

Growth Streaks & Declines

Trends

Between January and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.0000 points.

Longest Streak 7 Mo.

Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.6112) against the same month in 2023 (average: 0.4877), the exchange rate shifted by +0.1235 (+25.33%).

2024 Avg (December) 0.6112

2023 Avg (December) 0.4877

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.5029	0.4872	0.4933
February	0.4980	0.4891	0.4936
March	0.5007	0.4905	0.4957
April	0.5200	0.4994	0.5079
May	0.5268	0.5043	0.5143
June	0.5627	0.5266	0.5422
July	0.5745	0.5497	0.5620
August	0.5851	0.5557	0.5696
September	0.5811	0.5586	0.5696
October	0.5886	0.5555	0.5709
November	0.6012	0.5743	0.5832
December	0.6688	0.5980	0.6112