2024 MAD to CHF Historical Review

YEARLY HIGH

0.0923 CHF

YEARLY LOW

0.0848 CHF

YEARLY AVERAGE

0.0886 CHF

2024 MAD to CHF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MAD to CHF exchange rate experienced significant fluctuation. The market reached its absolute peak on May 22, valuing the pair at 0.0923. Conversely, the yearly low was recorded on January 1, dropping to 0.0848.

This high-to-low spread represents a total annual volatility of 0.0075 CHF. From a start-to-finish perspective, comparing the January average rate of 0.0862 to the December average rate of 0.0890, the exchange rate registered a net change of 3.26% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0923 was up 0.14% compared to the 2023 peak of 0.0922, 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 462 CHF

2023 Average 444 CHF

Yearly Trough Low 424 CHF

Transaction Impact: A difference of 37.65 CHF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0915

0.0858

JanuMarcMayJulySeptNove

MAD to CHF 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 0.0888, compared to 0.0884 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0004 points.

H1 Avg (Jan–Jun) 0.0888

H2 Avg (Jul–Dec) 0.0884

Volatility Range Comparison

Volatility

The most volatile month in 2024 was January, with a trading range of 0.0035 CHF (High: 0.0883 / Low: 0.0848). On the other end, October was the most stable month, with a tight range of 0.0013 CHF (High: 0.0880 / Low: 0.0867).

January Spread (Volatile) ±0.0035

October Spread (Stable) ±0.0013

Growth Streaks & Declines

Trends

Between January and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.0025 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0025

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2024: 0.0910) against the same month in 2023 (average: 0.0889), the exchange rate shifted by +0.0021 (+2.39%).

2024 Avg (May) 0.0910

2023 Avg (May) 0.0889

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0883	0.0848	0.0862
February	0.0883	0.0857	0.0872
March	0.0895	0.0874	0.0884
April	0.0912	0.0895	0.0902
May	0.0923	0.0900	0.0910
June	0.0909	0.0885	0.0899
July	0.0916	0.0885	0.0905
August	0.0890	0.0867	0.0879
September	0.0880	0.0866	0.0871
October	0.0880	0.0867	0.0875
November	0.0892	0.0879	0.0885
December	0.0903	0.0879	0.0890