2024 MAD to JPY Historical Review

YEARLY HIGH

16.4191 JPY

YEARLY LOW

14.2168 JPY

YEARLY AVERAGE

15.2408 JPY

2024 MAD to JPY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MAD to JPY exchange rate experienced significant fluctuation. The market reached its absolute peak on July 10, valuing the pair at 16.4191. Conversely, the yearly low was recorded on January 1, dropping to 14.2168.

This high-to-low spread represents a total annual volatility of 2.2023 JPY. From a start-to-finish perspective, comparing the January average rate of 14.6879 to the December average rate of 15.3777, the exchange rate registered a net change of 4.70% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 16.4191 was up 10.24% compared to the 2023 peak of 14.8943, 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 82,095 JPY

2023 Average 69,443 JPY

Yearly Trough Low 71,084 JPY

Transaction Impact: A difference of 11,011.36 JPY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

16.1098

14.5587

JanuMarcMayJulySeptNove

MAD to JPY 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 15.1992, compared to 15.2825 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0833 points.

H1 Avg (Jan–Jun) 15.1992

H2 Avg (Jul–Dec) 15.2825

Volatility Range Comparison

Volatility

The most volatile month in 2024 was July, with a trading range of 1.3316 JPY (High: 16.4191 / Low: 15.0875). On the other end, February was the most stable month, with a tight range of 0.3634 JPY (High: 15.0025 / Low: 14.6392).

July Spread (Volatile) ±1.3316

February Spread (Stable) ±0.3634

Growth Streaks & Declines

Trends

Between January and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.9882 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -0.9882

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2024: 15.9805) against the same month in 2023 (average: 14.4963), the exchange rate shifted by +1.4842 (+10.24%).

2024 Avg (July) 15.9805

2023 Avg (July) 14.4963

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	15.0516	14.2168	14.6879
February	15.0025	14.6392	14.8761
March	15.1022	14.6217	14.8954
April	15.6232	15.0265	15.2605
May	15.8478	15.2055	15.5902
June	16.1881	15.5907	15.8848
July	16.4191	15.0875	15.9805
August	15.2249	14.7091	14.9924
September	15.0290	14.4021	14.7088
October	15.5562	14.7348	15.2214
November	15.6710	14.9493	15.4141
December	15.7056	14.9478	15.3777