2024 MAD to SYP Historical Review

YEARLY HIGH

1297.0672 SYP

YEARLY LOW

247.1418 SYP

YEARLY AVERAGE

283.6385 SYP

2024 MAD to SYP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MAD to SYP exchange rate experienced significant fluctuation. The market reached its absolute peak on December 21, valuing the pair at 1297.0672. Conversely, the yearly low was recorded on April 16, dropping to 247.1418.

This high-to-low spread represents a total annual volatility of 1049.9254 SYP. From a start-to-finish perspective, comparing the January average rate of 252.4770 to the December average rate of 620.2970, the exchange rate registered a net change of 145.68% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 1297.0672 was up 395.97% compared to the 2023 peak of 261.5223, 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 6,485,336 SYP

2023 Average 1,241,479 SYP

Yearly Trough Low 1,235,709 SYP

Transaction Impact: A difference of 5,249,627.11 SYP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

657.4348

211.7807

JanuMarcMayJulySeptNove

MAD to SYP 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 250.8420, compared to 316.4351 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 65.5931 points.

H1 Avg (Jan–Jun) 250.8420

H2 Avg (Jul–Dec) 316.4351

Volatility Range Comparison

Volatility

The most volatile month in 2024 was December, with a trading range of 1047.3553 SYP (High: 1297.0672 / Low: 249.7119). On the other end, February was the most stable month, with a tight range of 2.7889 SYP (High: 251.1274 / Low: 248.3385).

December Spread (Volatile) ±1047.3553

February Spread (Stable) ±2.7889

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 3.2012 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -3.2012

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 620.2970) against the same month in 2023 (average: 250.2481), the exchange rate shifted by +370.0489 (+147.87%).

2024 Avg (December) 620.2970

2023 Avg (December) 250.2481

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	255.0862	250.7668	252.4770
February	251.1274	248.3385	249.8124
March	251.8981	247.8664	249.8994
April	251.3317	247.1418	248.9185
May	253.6791	248.4773	251.5179
June	254.4170	250.2306	252.4266
July	256.7397	251.8508	254.8457
August	262.5921	252.8248	257.6244
September	259.9308	256.3384	258.3172
October	257.6199	252.8968	255.1160
November	255.9768	249.3950	252.4104
December	1297.0672	249.7119	620.2970