2024 MAD to NZD Historical Review

YEARLY HIGH

0.1783 NZD

YEARLY LOW

0.1596 NZD

YEARLY AVERAGE

0.1664 NZD

2024 MAD to NZD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MAD to NZD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 18, valuing the pair at 0.1783. Conversely, the yearly low was recorded on January 1, dropping to 0.1596.

This high-to-low spread represents a total annual volatility of 0.0187 NZD. From a start-to-finish perspective, comparing the January average rate of 0.1628 to the December average rate of 0.1740, the exchange rate registered a net change of 6.92% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.1783 was up 3.81% compared to the 2023 peak of 0.1717, 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 891 NZD

2023 Average 805 NZD

Yearly Trough Low 798 NZD

Transaction Impact: A difference of 93.72 NZD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.1752

0.1611

JanuMarcMayJulySeptNove

MAD to NZD 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 0.1640, compared to 0.1688 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0049 points.

H1 Avg (Jan–Jun) 0.1640

H2 Avg (Jul–Dec) 0.1688

Volatility Range Comparison

Volatility

The most volatile month in 2024 was December, with a trading range of 0.0088 NZD (High: 0.1783 / Low: 0.1695). On the other end, May was the most stable month, with a tight range of 0.0034 NZD (High: 0.1667 / Low: 0.1633).

December Spread (Volatile) ±0.0088

May Spread (Stable) ±0.0034

Growth Streaks & Declines

Trends

Between September and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.0034 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0034

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.1740) against the same month in 2023 (average: 0.1599), the exchange rate shifted by +0.0141 (+8.83%).

2024 Avg (December) 0.1740

2023 Avg (December) 0.1599

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1664	0.1596	0.1628
February	0.1643	0.1603	0.1623
March	0.1663	0.1613	0.1637
April	0.1682	0.1644	0.1664
May	0.1667	0.1633	0.1649
June	0.1656	0.1620	0.1638
July	0.1727	0.1645	0.1682
August	0.1716	0.1639	0.1685
September	0.1672	0.1624	0.1651
October	0.1702	0.1632	0.1671
November	0.1718	0.1681	0.1701
December	0.1783	0.1695	0.1740