2024 MUR to MAD Historical Review

YEARLY HIGH

0.2374 MAD

YEARLY LOW

0.2072 MAD

YEARLY AVERAGE

0.2152 MAD

2024 MUR to MAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MUR to MAD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 12, valuing the pair at 0.2374. Conversely, the yearly low was recorded on August 24, dropping to 0.2072.

This high-to-low spread represents a total annual volatility of 0.0302 MAD. From a start-to-finish perspective, comparing the January average rate of 0.2228 to the December average rate of 0.2138, the exchange rate registered a net change of -4.01% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.2374 was down 0.70% compared to the 2023 peak of 0.2391, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,187 MAD

2023 Average 1,123 MAD

Yearly Trough Low 1,036 MAD

Transaction Impact: A difference of 150.80 MAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.2240

0.2093

JanuMarcMayJulySeptNove

MUR 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 0.2181, compared to 0.2123 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0059 points.

H1 Avg (Jan–Jun) 0.2181

H2 Avg (Jul–Dec) 0.2123

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 0.0202 MAD (High: 0.2374 / Low: 0.2172). On the other end, May was the most stable month, with a tight range of 0.0034 MAD (High: 0.2181 / Low: 0.2147).

March Spread (Volatile) ±0.0202

May Spread (Stable) ±0.0034

Growth Streaks & Declines

Trends

Between August and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0034 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0034

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2024: 0.2191) against the same month in 2023 (average: 0.2223), the exchange rate shifted by -0.0033 (-1.47%).

2024 Avg (March) 0.2191

2023 Avg (March) 0.2223

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2255	0.2179	0.2228
February	0.2226	0.2141	0.2194
March	0.2374	0.2172	0.2191
April	0.2185	0.2119	0.2173
May	0.2181	0.2147	0.2166
June	0.2170	0.2106	0.2136
July	0.2131	0.2096	0.2110
August	0.2131	0.2072	0.2105
September	0.2129	0.2093	0.2115
October	0.2159	0.2105	0.2130
November	0.2158	0.2106	0.2137
December	0.2152	0.2118	0.2138