2024 MMK to MAD Historical Review

YEARLY HIGH

0.0048 MAD

YEARLY LOW

0.0030 MAD

YEARLY AVERAGE

0.0047 MAD

2024 MMK to MAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MMK to MAD exchange rate experienced significant fluctuation. The market reached its absolute peak on April 16, valuing the pair at 0.0048. Conversely, the yearly low was recorded on July 20, dropping to 0.0030.

This high-to-low spread represents a total annual volatility of 0.0018 MAD. From a start-to-finish perspective, comparing the January average rate of 0.0047 to the December average rate of 0.0048, the exchange rate registered a net change of 0.73% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0048 was down 3.28% compared to the 2023 peak of 0.0050, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 24 MAD

2023 Average 24 MAD

Yearly Trough Low 15 MAD

Transaction Impact: A difference of 9.05 MAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0048

0.0044

JanuMarcMayJulySeptNove

MMK 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 0.0047, compared to 0.0046 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0047

H2 Avg (Jul–Dec) 0.0046

Volatility Range Comparison

Volatility

The most volatile month in 2024 was July, with a trading range of 0.0017 MAD (High: 0.0047 / Low: 0.0030). On the other end, March was the most stable month, with a tight range of 0.0001 MAD (High: 0.0048 / Low: 0.0048).

July Spread (Volatile) ±0.0017

March Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between January and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.0002 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2024: 0.0048) against the same month in 2023 (average: 0.0048), the exchange rate shifted by -0.0000 (-0.41%).

2024 Avg (April) 0.0048

2023 Avg (April) 0.0048

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0048	0.0047	0.0047
February	0.0048	0.0048	0.0048
March	0.0048	0.0048	0.0048
April	0.0048	0.0048	0.0048
May	0.0048	0.0047	0.0048
June	0.0048	0.0040	0.0046
July	0.0047	0.0030	0.0044
August	0.0047	0.0046	0.0046
September	0.0047	0.0046	0.0046
October	0.0047	0.0046	0.0047
November	0.0048	0.0047	0.0047
December	0.0048	0.0047	0.0048