YEARLY HIGH
0.0178 MAD
YEARLY LOW
0.0168 MAD
YEARLY AVERAGE
0.0174 MAD

2024 SOS to MAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the SOS to MAD exchange rate experienced significant fluctuation. The market reached its absolute peak on April 17, valuing the pair at 0.0178. Conversely, the yearly low was recorded on September 25, dropping to 0.0168.

This high-to-low spread represents a total annual volatility of 0.0010 MAD. From a start-to-finish perspective, comparing the January average rate of 0.0174 to the December average rate of 0.0175, the exchange rate registered a net change of 0.64% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0178 was down 3.80% compared to the 2023 peak of 0.0185, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 89 MAD
2023 Average 89 MAD
Yearly Trough Low 84 MAD
Transaction Impact: A difference of 4.84 MAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0177
0.0170
JanuMarcMayJulySeptNove

SOS 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 0.0175, compared to 0.0173 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0003 points.

H1 Avg (Jan–Jun) 0.0175
H2 Avg (Jul–Dec) 0.0173

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.0005 MAD (High: 0.0174 / Low: 0.0169). On the other end, March was the most stable month, with a tight range of 0.0002 MAD (High: 0.0177 / Low: 0.0175).

August Spread (Volatile) ±0.0005
March Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

Between January and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0002 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2024: 0.0177) against the same month in 2023 (average: 0.0178), the exchange rate shifted by -0.0002 (-0.91%).

2024 Avg (April) 0.0177
2023 Avg (April) 0.0178

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0175 0.0172 0.0174
February 0.0177 0.0174 0.0176
March 0.0177 0.0175 0.0176
April 0.0178 0.0175 0.0177
May 0.0177 0.0173 0.0175
June 0.0176 0.0173 0.0174
July 0.0175 0.0171 0.0173
August 0.0174 0.0169 0.0171
September 0.0171 0.0168 0.0170
October 0.0174 0.0171 0.0172
November 0.0176 0.0172 0.0174
December 0.0177 0.0174 0.0175