YEARLY HIGH
0.9148 SVC
YEARLY LOW
0.8603 SVC
YEARLY AVERAGE
0.8804 SVC

2024 MAD to SVC Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MAD to SVC exchange rate experienced significant fluctuation. The market reached its absolute peak on August 24, valuing the pair at 0.9148. Conversely, the yearly low was recorded on April 16, dropping to 0.8603.

This high-to-low spread represents a total annual volatility of 0.0546 SVC. From a start-to-finish perspective, comparing the January average rate of 0.8791 to the December average rate of 0.8733, the exchange rate registered a net change of -0.66% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.9148 was up 0.69% compared to the 2023 peak of 0.9085, 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 4,574 SVC
2023 Average 4,322 SVC
Yearly Trough Low 4,301 SVC
Transaction Impact: A difference of 272.79 SVC purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.9031
0.8630
JanuMarcMayJulySeptNove

MAD to SVC 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 0.8733, compared to 0.8875 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0142 points.

H1 Avg (Jan–Jun) 0.8733
H2 Avg (Jul–Dec) 0.8875

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.0352 SVC (High: 0.9148 / Low: 0.8797). On the other end, March was the most stable month, with a tight range of 0.0102 SVC (High: 0.8734 / Low: 0.8632).

August Spread (Volatile) ±0.0352
March Spread (Stable) ±0.0102

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 0.0107 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0107

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2024: 0.8964) against the same month in 2023 (average: 0.8839), the exchange rate shifted by +0.0125 (+1.41%).

2024 Avg (August) 0.8964
2023 Avg (August) 0.8839

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.8879 0.8728 0.8791
February 0.8762 0.8631 0.8701
March 0.8734 0.8632 0.8698
April 0.8729 0.8603 0.8663
May 0.8834 0.8652 0.8756
June 0.8870 0.8707 0.8791
July 0.8941 0.8771 0.8873
August 0.9148 0.8797 0.8964
September 0.9053 0.8927 0.8998
October 0.8968 0.8808 0.8890
November 0.8917 0.8692 0.8792
December 0.8803 0.8662 0.8733