YEARLY HIGH
9359.1418 LBP
YEARLY LOW
1486.6557 LBP
YEARLY AVERAGE
7940.5675 LBP

2024 MAD to LBP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MAD to LBP exchange rate experienced significant fluctuation. The market reached its absolute peak on August 24, valuing the pair at 9359.1418. Conversely, the yearly low was recorded on February 14, dropping to 1486.6557.

This high-to-low spread represents a total annual volatility of 7872.4861 LBP. From a start-to-finish perspective, comparing the January average rate of 1510.3548 to the December average rate of 8937.7544, the exchange rate registered a net change of 491.77% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 9359.1418 was up 495.95% compared to the 2023 peak of 1570.4609, 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 46,795,709 LBP
2023 Average 6,790,844 LBP
Yearly Trough Low 7,433,278 LBP
Transaction Impact: A difference of 39,362,430.61 LBP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

9978.8772
740.4891
JanuMarcMayJulySeptNove

MAD to LBP 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 6797.0054, compared to 9084.1296 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2287.1242 points.

H1 Avg (Jan–Jun) 6797.0054
H2 Avg (Jul–Dec) 9084.1296

Volatility Range Comparison

Volatility

The most volatile month in 2024 was February, with a trading range of 7428.6691 LBP (High: 8915.3248 / Low: 1486.6557). On the other end, January was the most stable month, with a tight range of 25.9780 LBP (High: 1526.8450 / Low: 1500.8670).

February Spread (Volatile) ±7428.6691
January Spread (Stable) ±25.9780

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 109.0172 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -109.0172

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2024: 9175.7932) against the same month in 2023 (average: 1521.2462), the exchange rate shifted by +7654.5470 (+503.18%).

2024 Avg (August) 9175.7932
2023 Avg (August) 1521.2462

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1526.8450 1500.8670 1510.3548
February 8915.3248 1486.6557 3536.9538
March 8958.7872 8841.2199 8906.0667
April 8939.8853 8806.2891 8869.0464
May 9061.0831 8858.8269 8961.3344
June 9076.6696 8910.9333 8998.2765
July 9140.2829 8976.8073 9080.9000
August 9359.1418 9011.9541 9175.7932
September 9265.0918 9136.8623 9209.0115
October 9180.5653 9018.6210 9099.9943
November 9124.4193 8893.7416 9001.3243
December 9008.3152 8864.8415 8937.7544