2024 MAD to KPW Historical Review

YEARLY HIGH

94.0617 KPW

YEARLY LOW

88.5273 KPW

YEARLY AVERAGE

90.5724 KPW

2024 MAD to KPW Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MAD to KPW exchange rate experienced significant fluctuation. The market reached its absolute peak on August 24, valuing the pair at 94.0617. Conversely, the yearly low was recorded on April 16, dropping to 88.5273.

This high-to-low spread represents a total annual volatility of 5.5344 KPW. From a start-to-finish perspective, comparing the January average rate of 90.4384 to the December average rate of 89.8547, the exchange rate registered a net change of -0.65% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 94.0617 was up 0.41% compared to the 2023 peak of 93.6785, 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 470,309 KPW

2023 Average 444,704 KPW

Yearly Trough Low 442,637 KPW

Transaction Impact: A difference of 27,671.94 KPW purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

92.8671

88.8271

JanuMarcMayJulySeptNove

MAD to KPW 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 89.8528, compared to 91.2921 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.4393 points.

H1 Avg (Jan–Jun) 89.8528

H2 Avg (Jul–Dec) 91.2921

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 3.4987 KPW (High: 94.0617 / Low: 90.5630). On the other end, February was the most stable month, with a tight range of 0.9990 KPW (High: 89.9550 / Low: 88.9560).

August Spread (Volatile) ±3.4987

February Spread (Stable) ±0.9990

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 1.1467 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -1.1467

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2024: 92.2823) against the same month in 2023 (average: 90.9163), the exchange rate shifted by +1.3660 (+1.50%).

2024 Avg (August) 92.2823

2023 Avg (August) 90.9163

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	91.3731	89.8258	90.4384
February	89.9550	88.9560	89.4840
March	90.2311	88.7869	89.5152
April	90.0282	88.5273	89.1638
May	90.8690	89.0057	90.0949
June	91.1334	89.6338	90.4204
July	91.9654	90.2141	91.2869
August	94.0617	90.5630	92.2823
September	93.1084	91.8216	92.5304
October	92.2807	90.5888	91.3837
November	91.6921	89.3345	90.4146
December	90.4853	89.0839	89.8547