2024 MAD to BZD Historical Review

YEARLY HIGH

0.2107 BZD

YEARLY LOW

0.1982 BZD

YEARLY AVERAGE

0.2028 BZD

2024 MAD to BZD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MAD to BZD exchange rate experienced significant fluctuation. The market reached its absolute peak on August 24, valuing the pair at 0.2107. Conversely, the yearly low was recorded on April 16, dropping to 0.1982.

This high-to-low spread represents a total annual volatility of 0.0126 BZD. From a start-to-finish perspective, comparing the January average rate of 0.2025 to the December average rate of 0.2009, the exchange rate registered a net change of -0.80% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.2107 was up 0.69% compared to the 2023 peak of 0.2093, 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 1,054 BZD

2023 Average 995 BZD

Yearly Trough Low 991 BZD

Transaction Impact: A difference of 62.80 BZD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.2080

0.1989

JanuMarcMayJulySeptNove

MAD to BZD 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 0.2012, compared to 0.2044 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) 0.2012

H2 Avg (Jul–Dec) 0.2044

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.0081 BZD (High: 0.2107 / Low: 0.2027). On the other end, March was the most stable month, with a tight range of 0.0023 BZD (High: 0.2012 / Low: 0.1988).

August Spread (Volatile) ±0.0081

March Spread (Stable) ±0.0023

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: 0.2065) against the same month in 2023 (average: 0.2036), the exchange rate shifted by +0.0029 (+1.41%).

2024 Avg (August) 0.2065

2023 Avg (August) 0.2036

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2046	0.2011	0.2025
February	0.2019	0.1988	0.2004
March	0.2012	0.1988	0.2004
April	0.2011	0.1982	0.1996
May	0.2035	0.1993	0.2017
June	0.2043	0.2006	0.2025
July	0.2057	0.2020	0.2044
August	0.2107	0.2027	0.2065
September	0.2085	0.2056	0.2073
October	0.2066	0.2029	0.2048
November	0.2054	0.2002	0.2025
December	0.2028	0.1988	0.2009