2024 RON to MAD Historical Review

YEARLY HIGH

2.2111 MAD

YEARLY LOW

2.0778 MAD

YEARLY AVERAGE

2.1613 MAD

2024 RON to MAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the RON to MAD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 8, valuing the pair at 2.2111. Conversely, the yearly low was recorded on December 18, dropping to 2.0778.

This high-to-low spread represents a total annual volatility of 0.1334 MAD. From a start-to-finish perspective, comparing the January average rate of 2.1823 to the December average rate of 2.1085, the exchange rate registered a net change of -3.38% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 2.2111 was down 3.12% compared to the 2023 peak of 2.2824, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 11,056 MAD

2023 Average 11,066 MAD

Yearly Trough Low 10,389 MAD

Transaction Impact: A difference of 666.78 MAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

2.2071

2.0995

JanuMarcMayJulySeptNove

RON 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 2.1769, compared to 2.1456 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0312 points.

H1 Avg (Jan–Jun) 2.1769

H2 Avg (Jul–Dec) 2.1456

Volatility Range Comparison

Volatility

The most volatile month in 2024 was April, with a trading range of 0.0552 MAD (High: 2.1998 / Low: 2.1446). On the other end, July was the most stable month, with a tight range of 0.0185 MAD (High: 2.1621 / Low: 2.1436).

April Spread (Volatile) ±0.0552

July Spread (Stable) ±0.0185

Growth Streaks & Declines

Trends

Between July and September, 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 October and November, when the average rate fell by 0.0320 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0320

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2024: 2.1982) against the same month in 2023 (average: 2.2447), the exchange rate shifted by -0.0465 (-2.07%).

2024 Avg (March) 2.1982

2023 Avg (March) 2.2447

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.2034	2.1490	2.1823
February	2.2072	2.1631	2.1822
March	2.2111	2.1856	2.1982
April	2.1998	2.1446	2.1757
May	2.1870	2.1563	2.1708
June	2.1857	2.1314	2.1521
July	2.1621	2.1436	2.1516
August	2.1722	2.1470	2.1599
September	2.1815	2.1597	2.1720
October	2.1698	2.1429	2.1569
November	2.1572	2.1048	2.1249
December	2.1215	2.0778	2.1085