2024 SRD to MAD Historical Review

YEARLY HIGH

0.3448 MAD

YEARLY LOW

0.2682 MAD

YEARLY AVERAGE

0.3016 MAD

2024 SRD to MAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the SRD to MAD exchange rate experienced significant fluctuation. The market reached its absolute peak on August 1, valuing the pair at 0.3448. Conversely, the yearly low was recorded on January 4, dropping to 0.2682.

This high-to-low spread represents a total annual volatility of 0.0766 MAD. From a start-to-finish perspective, comparing the January average rate of 0.2712 to the December average rate of 0.2844, the exchange rate registered a net change of 4.85% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.3448 was up 3.61% compared to the 2023 peak of 0.3327, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,724 MAD

2023 Average 1,389 MAD

Yearly Trough Low 1,341 MAD

Transaction Impact: A difference of 382.91 MAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.3454

0.2645

JanuMarcMayJulySeptNove

SRD 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 0.2917, compared to 0.3115 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0198 points.

H1 Avg (Jan–Jun) 0.2917

H2 Avg (Jul–Dec) 0.3115

Volatility Range Comparison

Volatility

The most volatile month in 2024 was October, with a trading range of 0.0325 MAD (High: 0.3188 / Low: 0.2863). On the other end, November was the most stable month, with a tight range of 0.0050 MAD (High: 0.2860 / Low: 0.2810).

October Spread (Volatile) ±0.0325

November Spread (Stable) ±0.0050

Growth Streaks & Declines

Trends

Between January and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0244 points.

Longest Streak 7 Mo.

Sharpest MoM Drop -0.0244

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2024: 0.3387) against the same month in 2023 (average: 0.2587), the exchange rate shifted by +0.0800 (+30.92%).

2024 Avg (August) 0.3387

2023 Avg (August) 0.2587

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2743	0.2682	0.2712
February	0.2864	0.2724	0.2782
March	0.2908	0.2823	0.2854
April	0.2992	0.2865	0.2916
May	0.3119	0.2985	0.3063
June	0.3246	0.3089	0.3175
July	0.3425	0.3229	0.3322
August	0.3448	0.3326	0.3387
September	0.3387	0.3157	0.3276
October	0.3188	0.2863	0.3032
November	0.2860	0.2810	0.2829
December	0.2880	0.2817	0.2844