YEARLY HIGH
0.1195 MAD
YEARLY LOW
0.0886 MAD
YEARLY AVERAGE
0.1074 MAD

2024 RUB to MAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the RUB to MAD exchange rate experienced significant fluctuation. The market reached its absolute peak on June 19, valuing the pair at 0.1195. Conversely, the yearly low was recorded on November 27, dropping to 0.0886.

This high-to-low spread represents a total annual volatility of 0.0309 MAD. From a start-to-finish perspective, comparing the January average rate of 0.1114 to the December average rate of 0.0966, the exchange rate registered a net change of -13.31% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.1195 was down 21.61% compared to the 2023 peak of 0.1524, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 598 MAD
2023 Average 599 MAD
Yearly Trough Low 443 MAD
Transaction Impact: A difference of 154.52 MAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.1146
0.0949
JanuMarcMayJulySeptNove

RUB 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 0.1103, compared to 0.1045 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0058 points.

H1 Avg (Jan–Jun) 0.1103
H2 Avg (Jul–Dec) 0.1045

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0148 MAD (High: 0.1034 / Low: 0.0886). On the other end, March was the most stable month, with a tight range of 0.0022 MAD (High: 0.1106 / Low: 0.1084).

November Spread (Volatile) ±0.0148
March Spread (Stable) ±0.0022

Growth Streaks & Declines

Trends

Between April and June, 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 September and October, when the average rate fell by 0.0043 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0043

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2024: 0.1130) against the same month in 2023 (average: 0.1206), the exchange rate shifted by -0.0076 (-6.32%).

2024 Avg (June) 0.1130
2023 Avg (June) 0.1206

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1134 0.1079 0.1114
February 0.1113 0.1058 0.1095
March 0.1106 0.1084 0.1095
April 0.1099 0.1074 0.1085
May 0.1124 0.1077 0.1096
June 0.1195 0.1098 0.1130
July 0.1157 0.1109 0.1129
August 0.1162 0.1047 0.1097
September 0.1114 0.1029 0.1066
October 0.1044 0.1010 0.1023
November 0.1034 0.0886 0.0987
December 0.1009 0.0888 0.0966