2024 MAD to CAD Historical Review

YEARLY HIGH

0.1448 CAD

YEARLY LOW

0.1334 CAD

YEARLY AVERAGE

0.1379 CAD

2024 MAD to CAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MAD to CAD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 18, valuing the pair at 0.1448. Conversely, the yearly low was recorded on January 1, dropping to 0.1334.

This high-to-low spread represents a total annual volatility of 0.0114 CAD. From a start-to-finish perspective, comparing the January average rate of 0.1348 to the December average rate of 0.1424, the exchange rate registered a net change of 5.60% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.1448 was up 4.54% compared to the 2023 peak of 0.1385, 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 724 CAD

2023 Average 667 CAD

Yearly Trough Low 667 CAD

Transaction Impact: A difference of 56.94 CAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.1432

0.1334

JanuMarcMayJulySeptNove

MAD to CAD 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 0.1356, compared to 0.1402 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0046 points.

H1 Avg (Jan–Jun) 0.1356

H2 Avg (Jul–Dec) 0.1402

Volatility Range Comparison

Volatility

The most volatile month in 2024 was December, with a trading range of 0.0045 CAD (High: 0.1448 / Low: 0.1403). On the other end, February was the most stable month, with a tight range of 0.0013 CAD (High: 0.1349 / Low: 0.1337).

December Spread (Volatile) ±0.0045

February Spread (Stable) ±0.0013

Growth Streaks & Declines

Trends

Between February and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.0008 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -0.0008

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.1424) against the same month in 2023 (average: 0.1336), the exchange rate shifted by +0.0088 (+6.60%).

2024 Avg (December) 0.1424

2023 Avg (December) 0.1336

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1366	0.1334	0.1348
February	0.1349	0.1337	0.1342
March	0.1355	0.1336	0.1347
April	0.1374	0.1341	0.1355
May	0.1381	0.1357	0.1368
June	0.1390	0.1367	0.1377
July	0.1406	0.1369	0.1391
August	0.1417	0.1381	0.1401
September	0.1403	0.1377	0.1393
October	0.1416	0.1383	0.1397
November	0.1423	0.1385	0.1405
December	0.1448	0.1403	0.1424