2024 MAD to PYG Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 MAD to PYG Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the MAD to PYG exchange rate experienced significant fluctuation. The market reached its absolute peak on October 28, valuing the pair at 811.5317. Conversely, the yearly low was recorded on February 28, dropping to 719.7452.
This high-to-low spread represents a total annual volatility of 91.7865 PYG. From a start-to-finish perspective, comparing the January average rate of 731.7407 to the December average rate of 779.3925, the exchange rate registered a net change of 6.51% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2024 high of 811.5317 was up 7.57% compared to the 2023 peak of 754.4137, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 MAD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
MAD to PYG Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 737.2858, compared to 784.2228 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 46.9371 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was November, with a trading range of 28.4175 PYG (High: 803.8816 / Low: 775.4642). On the other end, February was the most stable month, with a tight range of 9.1563 PYG (High: 728.9015 / Low: 719.7452).
Growth Streaks & Declines
TrendsBetween February and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 13.5929 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (October 2024: 799.3185) against the same month in 2023 (average: 717.5428), the exchange rate shifted by +81.7758 (+11.40%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 741.8004 | 725.9222 | 731.7407 |
| February | 728.9015 | 719.7452 | 724.3508 |
| March | 733.3255 | 722.5574 | 727.4945 |
| April | 738.9724 | 727.7189 | 732.7832 |
| May | 759.5916 | 741.0329 | 750.8450 |
| June | 763.4277 | 748.3947 | 756.5005 |
| July | 771.1039 | 755.0279 | 765.7210 |
| August | 790.3129 | 762.0158 | 777.2496 |
| September | 807.5465 | 782.5805 | 797.9297 |
| October | 811.5317 | 793.3281 | 799.3185 |
| November | 803.8816 | 775.4642 | 785.7256 |
| December | 786.9882 | 770.5725 | 779.3925 |