2024 MAD to CVE Historical Review

YEARLY HIGH

10.5606 CVE

YEARLY LOW

10.0477 CVE

YEARLY AVERAGE

10.2645 CVE

2024 MAD to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MAD to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on December 19, valuing the pair at 10.5606. Conversely, the yearly low was recorded on March 12, dropping to 10.0477.

This high-to-low spread represents a total annual volatility of 0.5129 CVE. From a start-to-finish perspective, comparing the January average rate of 10.1630 to the December average rate of 10.5066, the exchange rate registered a net change of 3.38% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 10.5606 was up 0.99% compared to the 2023 peak of 10.4567, 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 52,803 CVE

2023 Average 50,431 CVE

Yearly Trough Low 50,238 CVE

Transaction Impact: A difference of 2,564.44 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

10.5473

10.0599

JanuMarcMayJulySeptNove

MAD to CVE 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 10.1901, compared to 10.3390 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1490 points.

H1 Avg (Jan–Jun) 10.1901

H2 Avg (Jul–Dec) 10.3390

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.2755 CVE (High: 10.5280 / Low: 10.2525). On the other end, September was the most stable month, with a tight range of 0.0962 CVE (High: 10.2615 / Low: 10.1653).

November Spread (Volatile) ±0.2755

September Spread (Stable) ±0.0962

Growth Streaks & Declines

Trends

Between March and July, 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 August and September, when the average rate fell by 0.0683 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0683

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 10.5066) against the same month in 2023 (average: 10.0756), the exchange rate shifted by +0.4310 (+4.28%).

2024 Avg (December) 10.5066

2023 Avg (December) 10.0756

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	10.2975	10.0573	10.1630
February	10.2236	10.0554	10.1688
March	10.1612	10.0477	10.1005
April	10.2724	10.0943	10.1771
May	10.3024	10.1896	10.2268
June	10.3960	10.1979	10.3041
July	10.4100	10.2712	10.3151
August	10.4739	10.2378	10.2862
September	10.2615	10.1653	10.2178
October	10.3793	10.1979	10.2852
November	10.5280	10.2525	10.4232
December	10.5606	10.4462	10.5066