2024 MAD to IRR Historical Review

YEARLY HIGH

4399.2147 IRR

YEARLY LOW

4137.4235 IRR

YEARLY AVERAGE

4235.8835 IRR

2024 MAD to IRR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MAD to IRR exchange rate experienced significant fluctuation. The market reached its absolute peak on August 24, valuing the pair at 4399.2147. Conversely, the yearly low was recorded on April 16, dropping to 4137.4235.

This high-to-low spread represents a total annual volatility of 261.7911 IRR. From a start-to-finish perspective, comparing the January average rate of 4225.3636 to the December average rate of 4211.5483, the exchange rate registered a net change of -0.33% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 4399.2147 was down 0.02% compared to the 2023 peak of 4400.2883, 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 21,996,073 IRR

2023 Average 20,861,259 IRR

Yearly Trough Low 20,687,118 IRR

Transaction Impact: A difference of 1,308,955.72 IRR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

4344.9610

4152.1384

JanuMarcMayJulySeptNove

MAD to IRR 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 4199.8830, compared to 4271.8840 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 72.0010 points.

H1 Avg (Jan–Jun) 4199.8830

H2 Avg (Jul–Dec) 4271.8840

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 163.6316 IRR (High: 4399.2147 / Low: 4235.5830). On the other end, February was the most stable month, with a tight range of 46.9175 IRR (High: 4202.3988 / Low: 4155.4813).

August Spread (Volatile) ±163.6316

February Spread (Stable) ±46.9175

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 53.9404 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -53.9404

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2024: 4316.6096) against the same month in 2023 (average: 4271.0041), the exchange rate shifted by +45.6055 (+1.07%).

2024 Avg (August) 4316.6096

2023 Avg (August) 4271.0041

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	4267.8839	4196.8623	4225.3636
February	4202.3988	4155.4813	4179.8613
March	4214.5439	4146.8417	4181.4753
April	4208.8174	4137.4235	4168.2070
May	4246.8653	4159.7811	4213.4316
June	4263.0161	4192.8679	4230.9592
July	4300.6581	4218.7637	4270.6090
August	4399.2147	4235.5830	4316.6096
September	4364.1257	4295.7215	4328.8925
October	4316.6838	4236.5375	4274.9521
November	4288.3888	4178.1230	4228.6928
December	4239.6063	4181.9928	4211.5483