2024 MAD to DJF Historical Review

YEARLY HIGH

18.5167 DJF

YEARLY LOW

17.4854 DJF

YEARLY AVERAGE

17.8947 DJF

2024 MAD to DJF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MAD to DJF exchange rate experienced significant fluctuation. The market reached its absolute peak on September 25, valuing the pair at 18.5167. Conversely, the yearly low was recorded on April 16, dropping to 17.4854.

This high-to-low spread represents a total annual volatility of 1.0314 DJF. From a start-to-finish perspective, comparing the January average rate of 17.8778 to the December average rate of 17.7571, the exchange rate registered a net change of -0.68% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 18.5167 was up 0.16% compared to the 2023 peak of 18.4865, 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 92,584 DJF

2023 Average 87,870 DJF

Yearly Trough Low 87,427 DJF

Transaction Impact: A difference of 5,156.88 DJF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

18.3600

17.5479

JanuMarcMayJulySeptNove

MAD to DJF 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 17.7526, compared to 18.0368 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2842 points.

H1 Avg (Jan–Jun) 17.7526

H2 Avg (Jul–Dec) 18.0368

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.5759 DJF (High: 18.4633 / Low: 17.8874). On the other end, March was the most stable month, with a tight range of 0.2320 DJF (High: 17.7785 / Low: 17.5465).

August Spread (Volatile) ±0.5759

March Spread (Stable) ±0.2320

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 0.2344 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.2344

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 18.2923) against the same month in 2023 (average: 17.3985), the exchange rate shifted by +0.8938 (+5.14%).

2024 Avg (September) 18.2923

2023 Avg (September) 17.3985

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	18.0474	17.7418	17.8778
February	17.8306	17.5652	17.6920
March	17.7785	17.5465	17.6799
April	17.7655	17.4854	17.6155
May	17.9689	17.5700	17.7869
June	18.0393	17.7176	17.8636
July	18.1473	17.8185	18.0364
August	18.4633	17.8874	18.2105
September	18.5167	18.1427	18.2923
October	18.2293	17.8158	18.0579
November	18.1194	17.6187	17.8667
December	17.9096	17.6018	17.7571