2024 PLN to MAD Historical Review

YEARLY HIGH

2.5622 MAD

YEARLY LOW

2.1544 MAD

YEARLY AVERAGE

2.4964 MAD

2024 PLN to MAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the PLN to MAD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 13, valuing the pair at 2.5622. Conversely, the yearly low was recorded on January 1, dropping to 2.1544.

This high-to-low spread represents a total annual volatility of 0.4078 MAD. From a start-to-finish perspective, comparing the January average rate of 2.4774 to the December average rate of 2.4568, the exchange rate registered a net change of -0.83% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 2.5622 was down 0.73% compared to the 2023 peak of 2.5811, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 20,000 PLN based on timing:

Yearly Peak High 51,244 MAD

2023 Average 48,269 MAD

Yearly Trough Low 43,087 MAD

Transaction Impact: A difference of 8,156.77 MAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

2.5467

2.4321

JanuMarcMayJulySeptNove

PLN 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 2.5067, compared to 2.4861 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0206 points.

H1 Avg (Jan–Jun) 2.5067

H2 Avg (Jul–Dec) 2.4861

Volatility Range Comparison

Volatility

The most volatile month in 2024 was January, with a trading range of 0.3653 MAD (High: 2.5197 / Low: 2.1544). On the other end, July was the most stable month, with a tight range of 0.0397 MAD (High: 2.5164 / Low: 2.4766).

January Spread (Volatile) ±0.3653

July Spread (Stable) ±0.0397

Growth Streaks & Declines

Trends

Between June and September, 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 October and November, when the average rate fell by 0.0444 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0444

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2024: 2.5372) against the same month in 2023 (average: 2.3571), the exchange rate shifted by +0.1801 (+7.64%).

2024 Avg (March) 2.5372

2023 Avg (March) 2.3571

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.5197	2.1544	2.4774
February	2.5391	2.4811	2.5103
March	2.5622	2.5149	2.5372
April	2.5526	2.4725	2.5148
May	2.5524	2.4945	2.5219
June	2.5451	2.4427	2.4788
July	2.5164	2.4766	2.4994
August	2.5317	2.4796	2.5061
September	2.5473	2.5061	2.5265
October	2.5170	2.4516	2.4861
November	2.4727	2.4109	2.4417
December	2.4774	2.4220	2.4568