2024 PGK to MAD Historical Review

YEARLY HIGH

2.7047 MAD

YEARLY LOW

2.4207 MAD

YEARLY AVERAGE

2.5552 MAD

2024 PGK to MAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the PGK to MAD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 20, valuing the pair at 2.7047. Conversely, the yearly low was recorded on September 25, dropping to 2.4207.

This high-to-low spread represents a total annual volatility of 0.2840 MAD. From a start-to-finish perspective, comparing the January average rate of 2.6655 to the December average rate of 2.4776, the exchange rate registered a net change of -7.05% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 2.7047 was down 9.36% compared to the 2023 peak of 2.9840, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 13,523 MAD

2023 Average 14,060 MAD

Yearly Trough Low 12,103 MAD

Transaction Impact: A difference of 1,420.09 MAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

2.6868

2.4356

JanuMarcMayJulySeptNove

PGK 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 2.6263, compared to 2.4840 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1423 points.

H1 Avg (Jan–Jun) 2.6263

H2 Avg (Jul–Dec) 2.4840

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.0977 MAD (High: 2.5377 / Low: 2.4400). On the other end, June was the most stable month, with a tight range of 0.0529 MAD (High: 2.5923 / Low: 2.5394).

August Spread (Volatile) ±0.0977

June Spread (Stable) ±0.0529

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2024. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0655 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0655

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2024: 2.6659) against the same month in 2023 (average: 2.9190), the exchange rate shifted by -0.2531 (-8.67%).

2024 Avg (February) 2.6659

2023 Avg (February) 2.9190

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.6991	2.6179	2.6655
February	2.7047	2.6316	2.6659
March	2.7020	2.6198	2.6470
April	2.6859	2.6134	2.6415
May	2.6201	2.5499	2.5759
June	2.5923	2.5394	2.5621
July	2.5908	2.5015	2.5288
August	2.5377	2.4400	2.4841
September	2.4802	2.4207	2.4566
October	2.5219	2.4414	2.4811
November	2.5030	2.4468	2.4758
December	2.5326	2.4601	2.4776