2024 MAD to BTN Historical Review

YEARLY HIGH

8.7701 BTN

YEARLY LOW

8.1782 BTN

YEARLY AVERAGE

8.4184 BTN

2024 MAD to BTN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MAD to BTN exchange rate experienced significant fluctuation. The market reached its absolute peak on August 24, valuing the pair at 8.7701. Conversely, the yearly low was recorded on February 28, dropping to 8.1782.

This high-to-low spread represents a total annual volatility of 0.5919 BTN. From a start-to-finish perspective, comparing the January average rate of 8.3506 to the December average rate of 8.4811, the exchange rate registered a net change of 1.56% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 8.7701 was up 2.72% compared to the 2023 peak of 8.5379, 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 43,851 BTN

2023 Average 40,787 BTN

Yearly Trough Low 40,891 BTN

Transaction Impact: A difference of 2,959.60 BTN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

8.6532

8.2147

JanuMarcMayJulySeptNove

MAD to BTN 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 8.3071, compared to 8.5298 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2227 points.

H1 Avg (Jan–Jun) 8.3071

H2 Avg (Jul–Dec) 8.5298

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.3505 BTN (High: 8.7701 / Low: 8.4196). On the other end, March was the most stable month, with a tight range of 0.0598 BTN (High: 8.2810 / Low: 8.2212).

August Spread (Volatile) ±0.3505

March Spread (Stable) ±0.0598

Growth Streaks & Declines

Trends

Between February and September, 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 January and February, when the average rate fell by 0.0994 points.

Longest Streak 7 Mo.

Sharpest MoM Drop -0.0994

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2024: 8.5946) against the same month in 2023 (average: 8.3652), the exchange rate shifted by +0.2294 (+2.74%).

2024 Avg (August) 8.5946

2023 Avg (August) 8.3652

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	8.4722	8.2823	8.3506
February	8.3010	8.1782	8.2513
March	8.2810	8.2212	8.2528
April	8.3161	8.2108	8.2572
May	8.4122	8.2735	8.3438
June	8.4567	8.3130	8.3867
July	8.5367	8.3659	8.4763
August	8.7701	8.4196	8.5946
September	8.6540	8.5644	8.6167
October	8.6087	8.4625	8.5369
November	8.5713	8.3847	8.4731
December	8.5195	8.4409	8.4811