2024 MAD to NAD Historical Review

YEARLY HIGH

1.9380 NAD

YEARLY LOW

1.7677 NAD

YEARLY AVERAGE

1.8440 NAD

2024 MAD to NAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MAD to NAD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 23, valuing the pair at 1.9380. Conversely, the yearly low was recorded on October 19, dropping to 1.7677.

This high-to-low spread represents a total annual volatility of 0.1702 NAD. From a start-to-finish perspective, comparing the January average rate of 1.8877 to the December average rate of 1.8196, the exchange rate registered a net change of -3.61% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 1.9380 was down 2.93% compared to the 2023 peak of 1.9964, 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 9,690 NAD

2023 Average 9,143 NAD

Yearly Trough Low 8,839 NAD

Transaction Impact: A difference of 851.22 NAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

1.8981

1.7742

JanuMarcMayJulySeptNove

MAD to NAD 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 1.8688, compared to 1.8192 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0496 points.

H1 Avg (Jan–Jun) 1.8688

H2 Avg (Jul–Dec) 1.8192

Volatility Range Comparison

Volatility

The most volatile month in 2024 was June, with a trading range of 0.1187 NAD (High: 1.9173 / Low: 1.7986). On the other end, May was the most stable month, with a tight range of 0.0271 NAD (High: 1.8527 / Low: 1.8257).

June Spread (Volatile) ±0.1187

May Spread (Stable) ±0.0271

Growth Streaks & Declines

Trends

Between October and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.0377 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0377

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 1.8877) against the same month in 2023 (average: 1.6694), the exchange rate shifted by +0.2184 (+13.08%).

2024 Avg (January) 1.8877

2023 Avg (January) 1.6694

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.9380	1.8617	1.8877
February	1.9232	1.8485	1.8865
March	1.9037	1.8543	1.8752
April	1.8967	1.8435	1.8712
May	1.8527	1.8257	1.8403
June	1.9173	1.7986	1.8515
July	1.8767	1.8228	1.8497
August	1.8908	1.8060	1.8489
September	1.8418	1.7714	1.8112
October	1.7987	1.7677	1.7845
November	1.8274	1.7691	1.8011
December	1.8670	1.7689	1.8196