YEARLY HIGH
0.0014 MAD
YEARLY LOW
0.0012 MAD
YEARLY AVERAGE
0.0013 MAD

2024 PYG to MAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the PYG to MAD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 28, valuing the pair at 0.0014. Conversely, the yearly low was recorded on October 28, dropping to 0.0012.

This high-to-low spread represents a total annual volatility of 0.0002 MAD. From a start-to-finish perspective, comparing the January average rate of 0.0014 to the December average rate of 0.0013, the exchange rate registered a net change of -6.11% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0014 was down 4.57% compared to the 2023 peak of 0.0015, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 7 MAD
2023 Average 7 MAD
Yearly Trough Low 6 MAD
Transaction Impact: A difference of 0.79 MAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0014
0.0012
JanuMarcMayJulySeptNove

PYG 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 0.0014, compared to 0.0013 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) 0.0014
H2 Avg (Jul–Dec) 0.0013

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.0000 MAD (High: 0.0013 / Low: 0.0013). On the other end, February was the most stable month, with a tight range of 0.0000 MAD (High: 0.0014 / Low: 0.0014).

August Spread (Volatile) ±0.0000
February Spread (Stable) ±0.0000

Growth Streaks & Declines

Trends

Between October and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.0000 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2024: 0.0014) against the same month in 2023 (average: 0.0014), the exchange rate shifted by -0.0000 (-2.14%).

2024 Avg (February) 0.0014
2023 Avg (February) 0.0014

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0014 0.0013 0.0014
February 0.0014 0.0014 0.0014
March 0.0014 0.0014 0.0014
April 0.0014 0.0014 0.0014
May 0.0013 0.0013 0.0013
June 0.0013 0.0013 0.0013
July 0.0013 0.0013 0.0013
August 0.0013 0.0013 0.0013
September 0.0013 0.0012 0.0013
October 0.0013 0.0012 0.0013
November 0.0013 0.0012 0.0013
December 0.0013 0.0013 0.0013