2024 SCR to MAD Historical Review

YEARLY HIGH

0.7648 MAD

YEARLY LOW

0.6517 MAD

YEARLY AVERAGE

0.7273 MAD

2024 SCR to MAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the SCR to MAD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 17, valuing the pair at 0.7648. Conversely, the yearly low was recorded on October 14, dropping to 0.6517.

This high-to-low spread represents a total annual volatility of 0.1131 MAD. From a start-to-finish perspective, comparing the January average rate of 0.7438 to the December average rate of 0.7101, the exchange rate registered a net change of -4.52% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.7648 was down 5.51% compared to the 2023 peak of 0.8094, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,824 MAD

2023 Average 3,768 MAD

Yearly Trough Low 3,258 MAD

Transaction Impact: A difference of 565.48 MAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.7511

0.7064

JanuMarcMayJulySeptNove

SCR 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 0.7377, compared to 0.7170 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0207 points.

H1 Avg (Jan–Jun) 0.7377

H2 Avg (Jul–Dec) 0.7170

Volatility Range Comparison

Volatility

The most volatile month in 2024 was October, with a trading range of 0.1023 MAD (High: 0.7540 / Low: 0.6517). On the other end, May was the most stable month, with a tight range of 0.0297 MAD (High: 0.7473 / Low: 0.7176).

October Spread (Volatile) ±0.1023

May Spread (Stable) ±0.0297

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2024. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0141 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0141

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 0.7438) against the same month in 2023 (average: 0.7561), the exchange rate shifted by -0.0124 (-1.63%).

2024 Avg (January) 0.7438

2023 Avg (January) 0.7561

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.7648	0.7118	0.7438
February	0.7625	0.7282	0.7474
March	0.7538	0.7047	0.7398
April	0.7505	0.7042	0.7428
May	0.7473	0.7176	0.7315
June	0.7393	0.6773	0.7208
July	0.7385	0.6982	0.7147
August	0.7518	0.6527	0.7107
September	0.7556	0.6925	0.7234
October	0.7540	0.6517	0.7188
November	0.7436	0.6952	0.7242
December	0.7518	0.6609	0.7101