2024 MAD to EUR Historical Review

YEARLY HIGH

0.0967 EUR

YEARLY LOW

0.0910 EUR

YEARLY AVERAGE

0.0930 EUR

2024 MAD to EUR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MAD to EUR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 18, valuing the pair at 0.0967. Conversely, the yearly low was recorded on March 20, dropping to 0.0910.

This high-to-low spread represents a total annual volatility of 0.0057 EUR. From a start-to-finish perspective, comparing the January average rate of 0.0921 to the December average rate of 0.0953, the exchange rate registered a net change of 3.51% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0967 was up 2.54% compared to the 2023 peak of 0.0944, 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 484 EUR

2023 Average 457 EUR

Yearly Trough Low 455 EUR

Transaction Impact: A difference of 28.74 EUR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0957

0.0911

JanuMarcMayJulySeptNove

MAD to EUR 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 0.0923, compared to 0.0937 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0013 points.

H1 Avg (Jan–Jun) 0.0923

H2 Avg (Jul–Dec) 0.0937

Volatility Range Comparison

Volatility

The most volatile month in 2024 was June, with a trading range of 0.0023 EUR (High: 0.0943 / Low: 0.0919). On the other end, July was the most stable month, with a tight range of 0.0008 EUR (High: 0.0938 / Low: 0.0930).

June Spread (Volatile) ±0.0023

July Spread (Stable) ±0.0008

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 February and March, when the average rate fell by 0.0006 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0006

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.0953) against the same month in 2023 (average: 0.0912), the exchange rate shifted by +0.0042 (+4.56%).

2024 Avg (December) 0.0953

2023 Avg (December) 0.0912

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0935	0.0913	0.0921
February	0.0929	0.0912	0.0921
March	0.0920	0.0910	0.0915
April	0.0937	0.0915	0.0924
May	0.0932	0.0919	0.0926
June	0.0943	0.0919	0.0934
July	0.0938	0.0930	0.0934
August	0.0936	0.0925	0.0930
September	0.0931	0.0922	0.0925
October	0.0938	0.0926	0.0932
November	0.0955	0.0932	0.0945
December	0.0967	0.0948	0.0953