2024 MAD to YER Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 MAD to YER Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the MAD to YER exchange rate experienced significant fluctuation. The market reached its absolute peak on August 24, valuing the pair at 26.1622. Conversely, the yearly low was recorded on April 16, dropping to 24.6254.
This high-to-low spread represents a total annual volatility of 1.5369 YER. From a start-to-finish perspective, comparing the January average rate of 25.1563 to the December average rate of 24.9668, the exchange rate registered a net change of -0.75% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2024 high of 26.1622 was up 0.40% compared to the 2023 peak of 26.0582, 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 YER 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 24.9921, compared to 25.3820 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.3898 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was August, with a trading range of 0.9706 YER (High: 26.1622 / Low: 25.1916). On the other end, February was the most stable month, with a tight range of 0.3549 YER (High: 25.0175 / Low: 24.6626).
Growth Streaks & Declines
TrendsBetween 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 0.3175 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (August 2024: 25.6689) against the same month in 2023 (average: 25.2857), the exchange rate shifted by +0.3832 (+1.52%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 25.4169 | 24.9915 | 25.1563 |
| February | 25.0175 | 24.6626 | 24.8859 |
| March | 25.0993 | 24.6976 | 24.9011 |
| April | 25.0478 | 24.6254 | 24.8043 |
| May | 25.2657 | 24.7584 | 25.0511 |
| June | 25.3579 | 24.9281 | 25.1540 |
| July | 25.5817 | 25.0946 | 25.3927 |
| August | 26.1622 | 25.1916 | 25.6689 |
| September | 25.8997 | 25.5392 | 25.7369 |
| October | 25.6668 | 25.1988 | 25.4194 |
| November | 25.5054 | 24.8077 | 25.1071 |
| December | 25.1750 | 24.7304 | 24.9668 |