2024 MAD to WST Historical Review

YEARLY HIGH

0.2926 WST

YEARLY LOW

0.2754 WST

YEARLY AVERAGE

0.2818 WST

2024 MAD to WST Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MAD to WST exchange rate experienced significant fluctuation. The market reached its absolute peak on August 24, valuing the pair at 0.2926. Conversely, the yearly low was recorded on April 16, dropping to 0.2754.

This high-to-low spread represents a total annual volatility of 0.0172 WST. From a start-to-finish perspective, comparing the January average rate of 0.2814 to the December average rate of 0.2795, the exchange rate registered a net change of -0.65% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.2926 was up 2.88% compared to the 2023 peak of 0.2844, 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 1,463 WST

2023 Average 1,350 WST

Yearly Trough Low 1,377 WST

Transaction Impact: A difference of 86.09 WST purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.2889

0.2764

JanuMarcMayJulySeptNove

MAD to WST 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 0.2795, compared to 0.2840 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0045 points.

H1 Avg (Jan–Jun) 0.2795

H2 Avg (Jul–Dec) 0.2840

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.0109 WST (High: 0.2926 / Low: 0.2818). On the other end, February was the most stable month, with a tight range of 0.0031 WST (High: 0.2799 / Low: 0.2768).

August Spread (Volatile) ±0.0109

February Spread (Stable) ±0.0031

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 0.0036 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0036

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2024: 0.2871) against the same month in 2023 (average: 0.2746), the exchange rate shifted by +0.0125 (+4.55%).

2024 Avg (August) 0.2871

2023 Avg (August) 0.2746

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2843	0.2795	0.2814
February	0.2799	0.2768	0.2784
March	0.2807	0.2762	0.2785
April	0.2801	0.2754	0.2774
May	0.2827	0.2769	0.2803
June	0.2835	0.2789	0.2813
July	0.2861	0.2807	0.2840
August	0.2926	0.2818	0.2871
September	0.2897	0.2857	0.2879
October	0.2871	0.2818	0.2843
November	0.2853	0.2779	0.2813
December	0.2815	0.2771	0.2795