YEARLY HIGH
2308.1703 LAK
YEARLY LOW
2058.5272 LAK
YEARLY AVERAGE
2172.5288 LAK

2024 MAD to LAK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MAD to LAK exchange rate experienced significant fluctuation. The market reached its absolute peak on August 24, valuing the pair at 2308.1703. Conversely, the yearly low was recorded on February 28, dropping to 2058.5272.

This high-to-low spread represents a total annual volatility of 249.6430 LAK. From a start-to-finish perspective, comparing the January average rate of 2074.8602 to the December average rate of 2185.4969, the exchange rate registered a net change of 5.33% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 2308.1703 was up 10.54% compared to the 2023 peak of 2088.1321, 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 11,540,851 LAK
2023 Average 9,241,899 LAK
Yearly Trough Low 10,292,636 LAK
Transaction Impact: A difference of 1,248,215.15 LAK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

2292.2240
2052.6739
JanuMarcMayJulySeptNove

MAD to LAK 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 2110.3347, compared to 2234.7228 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 124.3881 points.

H1 Avg (Jan–Jun) 2110.3347
H2 Avg (Jul–Dec) 2234.7228

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 75.6792 LAK (High: 2308.1703 / Low: 2232.4910). On the other end, February was the most stable month, with a tight range of 20.9711 LAK (High: 2079.4983 / Low: 2058.5272).

August Spread (Volatile) ±75.6792
February Spread (Stable) ±20.9711

Growth Streaks & Declines

Trends

Between February and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 39.8204 points.

Longest Streak 7 Mo.
Sharpest MoM Drop -39.8204

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2024: 2268.0774) against the same month in 2023 (average: 1963.9277), the exchange rate shifted by +304.1497 (+15.49%).

2024 Avg (August) 2268.0774
2023 Avg (August) 1963.9277

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2099.9117 2067.5734 2074.8602
February 2079.4983 2058.5272 2072.6364
March 2092.3003 2071.2408 2081.0716
April 2121.4767 2091.8785 2104.5863
May 2158.8760 2111.6322 2138.0747
June 2221.2604 2156.1114 2190.7791
July 2259.7536 2213.1503 2245.3142
August 2308.1703 2232.4910 2268.0774
September 2295.9712 2255.8729 2272.2615
October 2273.8667 2208.1027 2232.4410
November 2233.3269 2179.7608 2204.7459
December 2205.4017 2163.7779 2185.4969