YEARLY HIGH
0.5755 MAD
YEARLY LOW
0.5425 MAD
YEARLY AVERAGE
0.5605 MAD

2024 MDL to MAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MDL to MAD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 28, valuing the pair at 0.5755. Conversely, the yearly low was recorded on December 7, dropping to 0.5425.

This high-to-low spread represents a total annual volatility of 0.0330 MAD. From a start-to-finish perspective, comparing the January average rate of 0.5648 to the December average rate of 0.5468, the exchange rate registered a net change of -3.18% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.5755 was down 0.53% compared to the 2023 peak of 0.5786, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 MDL based on timing:

Yearly Peak High 2,877 MAD
2023 Average 2,798 MAD
Yearly Trough Low 2,713 MAD
Transaction Impact: A difference of 164.80 MAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.5718
0.5445
JanuMarcMayJulySeptNove

MDL to MAD 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 0.5661, compared to 0.5550 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0111 points.

H1 Avg (Jan–Jun) 0.5661
H2 Avg (Jul–Dec) 0.5550

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.0150 MAD (High: 0.5652 / Low: 0.5502). On the other end, December was the most stable month, with a tight range of 0.0074 MAD (High: 0.5499 / Low: 0.5425).

August Spread (Volatile) ±0.0150
December Spread (Stable) ±0.0074

Growth Streaks & Declines

Trends

Between January and March, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0053 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0053

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2024: 0.5696) against the same month in 2023 (average: 0.5551), the exchange rate shifted by +0.0145 (+2.61%).

2024 Avg (March) 0.5696
2023 Avg (March) 0.5551

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.5733 0.5597 0.5648
February 0.5700 0.5607 0.5650
March 0.5755 0.5654 0.5696
April 0.5738 0.5644 0.5695
May 0.5732 0.5612 0.5658
June 0.5665 0.5558 0.5618
July 0.5631 0.5534 0.5569
August 0.5652 0.5502 0.5578
September 0.5672 0.5526 0.5597
October 0.5628 0.5501 0.5570
November 0.5563 0.5467 0.5517
December 0.5499 0.5425 0.5468