2024 RSD to MAD Historical Review

YEARLY HIGH

0.0938 MAD

YEARLY LOW

0.0884 MAD

YEARLY AVERAGE

0.0918 MAD

2024 RSD to MAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the RSD to MAD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 8, valuing the pair at 0.0938. Conversely, the yearly low was recorded on December 18, dropping to 0.0884.

This high-to-low spread represents a total annual volatility of 0.0054 MAD. From a start-to-finish perspective, comparing the January average rate of 0.0926 to the December average rate of 0.0897, the exchange rate registered a net change of -3.17% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0938 was down 1.88% compared to the 2023 peak of 0.0956, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 469 MAD

2023 Average 467 MAD

Yearly Trough Low 442 MAD

Transaction Impact: A difference of 27.00 MAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0936

0.0893

JanuMarcMayJulySeptNove

RSD 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 0.0924, compared to 0.0912 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0012 points.

H1 Avg (Jan–Jun) 0.0924

H2 Avg (Jul–Dec) 0.0912

Volatility Range Comparison

Volatility

The most volatile month in 2024 was January, with a trading range of 0.0023 MAD (High: 0.0936 / Low: 0.0912). On the other end, July was the most stable month, with a tight range of 0.0007 MAD (High: 0.0918 / Low: 0.0911).

January Spread (Volatile) ±0.0023

July Spread (Stable) ±0.0007

Growth Streaks & Declines

Trends

Between January and March, 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 0.0013 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0013

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2024: 0.0933) against the same month in 2023 (average: 0.0943), the exchange rate shifted by -0.0011 (-1.14%).

2024 Avg (March) 0.0933

2023 Avg (March) 0.0943

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0936	0.0912	0.0926
February	0.0936	0.0919	0.0926
March	0.0938	0.0927	0.0933
April	0.0933	0.0911	0.0924
May	0.0929	0.0916	0.0922
June	0.0929	0.0906	0.0915
July	0.0918	0.0911	0.0914
August	0.0924	0.0914	0.0919
September	0.0927	0.0918	0.0923
October	0.0923	0.0911	0.0917
November	0.0917	0.0895	0.0904
December	0.0904	0.0884	0.0897