2024 MAD to SAR Historical Review

YEARLY HIGH

0.3921 SAR

YEARLY LOW

0.3690 SAR

YEARLY AVERAGE

0.3776 SAR

2024 MAD to SAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MAD to SAR exchange rate experienced significant fluctuation. The market reached its absolute peak on August 24, valuing the pair at 0.3921. Conversely, the yearly low was recorded on April 16, dropping to 0.3690.

This high-to-low spread represents a total annual volatility of 0.0232 SAR. From a start-to-finish perspective, comparing the January average rate of 0.3768 to the December average rate of 0.3751, the exchange rate registered a net change of -0.48% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.3921 was up 0.40% compared to the 2023 peak of 0.3906, 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 1,961 SAR

2023 Average 1,854 SAR

Yearly Trough Low 1,845 SAR

Transaction Impact: A difference of 115.85 SAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.3872

0.3702

JanuMarcMayJulySeptNove

MAD to SAR 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 0.3744, compared to 0.3808 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0063 points.

H1 Avg (Jan–Jun) 0.3744

H2 Avg (Jul–Dec) 0.3808

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.0145 SAR (High: 0.3921 / Low: 0.3776). On the other end, February was the most stable month, with a tight range of 0.0041 SAR (High: 0.3748 / Low: 0.3707).

August Spread (Volatile) ±0.0145

February Spread (Stable) ±0.0041

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 0.0045 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0045

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2024: 0.3848) against the same month in 2023 (average: 0.3789), the exchange rate shifted by +0.0058 (+1.54%).

2024 Avg (August) 0.3848

2023 Avg (August) 0.3789

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.3808	0.3743	0.3768
February	0.3748	0.3707	0.3729
March	0.3760	0.3700	0.3730
April	0.3752	0.3690	0.3716
May	0.3786	0.3709	0.3754
June	0.3798	0.3736	0.3768
July	0.3833	0.3760	0.3805
August	0.3921	0.3776	0.3848
September	0.3882	0.3829	0.3858
October	0.3848	0.3781	0.3813
November	0.3827	0.3727	0.3773
December	0.3777	0.3718	0.3751