YEARLY HIGH
20.6262 LRD
YEARLY LOW
17.8644 LRD
YEARLY AVERAGE
19.2642 LRD

2024 MAD to LRD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MAD to LRD exchange rate experienced significant fluctuation. The market reached its absolute peak on September 21, valuing the pair at 20.6262. Conversely, the yearly low was recorded on November 27, dropping to 17.8644.

This high-to-low spread represents a total annual volatility of 2.7618 LRD. From a start-to-finish perspective, comparing the January average rate of 19.0058 to the December average rate of 18.0284, the exchange rate registered a net change of -5.14% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 20.6262 was up 6.85% compared to the 2023 peak of 19.3035, 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 103,131 LRD
2023 Average 86,385 LRD
Yearly Trough Low 89,322 LRD
Transaction Impact: A difference of 13,809.16 LRD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

20.3155
17.8205
JanuMarcMayJulySeptNove

MAD to LRD 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 19.1757, compared to 19.3527 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1769 points.

H1 Avg (Jan–Jun) 19.1757
H2 Avg (Jul–Dec) 19.3527

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 1.6838 LRD (High: 19.5482 / Low: 17.8644). On the other end, February was the most stable month, with a tight range of 0.1481 LRD (High: 19.0068 / Low: 18.8587).

November Spread (Volatile) ±1.6838
February Spread (Stable) ±0.1481

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 October and November, when the average rate fell by 0.9740 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.9740

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 20.1076) against the same month in 2023 (average: 18.2128), the exchange rate shifted by +1.8947 (+10.40%).

2024 Avg (September) 20.1076
2023 Avg (September) 18.2128

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 19.2239 18.9182 19.0058
February 19.0068 18.8587 18.9380
March 19.3044 19.0152 19.1404
April 19.3060 18.4924 19.0956
May 19.5368 19.1263 19.3762
June 19.6392 19.3044 19.4984
July 19.9191 19.4922 19.7701
August 20.3800 19.6673 20.0514
September 20.6262 19.8942 20.1076
October 19.8630 19.3533 19.5662
November 19.5482 17.8644 18.5922
December 18.2141 17.9051 18.0284