2024 MVR to MAD Historical Review

YEARLY HIGH

0.6968 MAD

YEARLY LOW

0.6233 MAD

YEARLY AVERAGE

0.6452 MAD

2024 MVR to MAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MVR to MAD exchange rate experienced significant fluctuation. The market reached its absolute peak on May 2, valuing the pair at 0.6968. Conversely, the yearly low was recorded on August 24, dropping to 0.6233.

This high-to-low spread represents a total annual volatility of 0.0735 MAD. From a start-to-finish perspective, comparing the January average rate of 0.6462 to the December average rate of 0.6501, the exchange rate registered a net change of 0.61% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.6968 was up 2.11% compared to the 2023 peak of 0.6824, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,484 MAD

2023 Average 3,293 MAD

Yearly Trough Low 3,117 MAD

Transaction Impact: A difference of 367.42 MAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.6553

0.6314

JanuMarcMayJulySeptNove

MVR 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 0.6497, compared to 0.6407 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0090 points.

H1 Avg (Jan–Jun) 0.6497

H2 Avg (Jul–Dec) 0.6407

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 0.0562 MAD (High: 0.6968 / Low: 0.6406). On the other end, February was the most stable month, with a tight range of 0.0073 MAD (High: 0.6570 / Low: 0.6497).

May Spread (Volatile) ±0.0562

February Spread (Stable) ±0.0073

Growth Streaks & Declines

Trends

Between September and December, 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 July and August, when the average rate fell by 0.0062 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0062

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2024: 0.6478) against the same month in 2023 (average: 0.6587), the exchange rate shifted by -0.0109 (-1.65%).

2024 Avg (May) 0.6478

2023 Avg (May) 0.6587

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.6506	0.6396	0.6462
February	0.6570	0.6497	0.6533
March	0.6557	0.6447	0.6514
April	0.6580	0.6470	0.6532
May	0.6968	0.6406	0.6478
June	0.6516	0.6413	0.6466
July	0.6478	0.6330	0.6404
August	0.6474	0.6233	0.6342
September	0.6381	0.6297	0.6334
October	0.6472	0.6350	0.6414
November	0.6516	0.6370	0.6449
December	0.6560	0.6450	0.6501