2024 SYP to MAD Historical Review

YEARLY HIGH

0.0040 MAD

YEARLY LOW

0.0008 MAD

YEARLY AVERAGE

0.0039 MAD

2024 SYP to MAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the SYP to MAD exchange rate experienced significant fluctuation. The market reached its absolute peak on April 16, valuing the pair at 0.0040. Conversely, the yearly low was recorded on December 22, dropping to 0.0008.

This high-to-low spread represents a total annual volatility of 0.0033 MAD. From a start-to-finish perspective, comparing the January average rate of 0.0040 to the December average rate of 0.0028, the exchange rate registered a net change of -28.33% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0040 was down 3.33% compared to the 2023 peak of 0.0042, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 20 MAD

2023 Average 20 MAD

Yearly Trough Low 4 MAD

Transaction Impact: A difference of 16.38 MAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0041

0.0027

JanuMarcMayJulySeptNove

SYP 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 0.0040, compared to 0.0037 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) 0.0040

H2 Avg (Jul–Dec) 0.0037

Volatility Range Comparison

Volatility

The most volatile month in 2024 was December, with a trading range of 0.0032 MAD (High: 0.0040 / Low: 0.0008). On the other end, February was the most stable month, with a tight range of 0.0000 MAD (High: 0.0040 / Low: 0.0040).

December Spread (Volatile) ±0.0032

February Spread (Stable) ±0.0000

Growth Streaks & Declines

Trends

Between September and November, 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 November and December, when the average rate fell by 0.0011 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0011

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2024: 0.0040) against the same month in 2023 (average: 0.0040), the exchange rate shifted by -0.0000 (-0.35%).

2024 Avg (April) 0.0040

2023 Avg (April) 0.0040

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0040	0.0039	0.0040
February	0.0040	0.0040	0.0040
March	0.0040	0.0040	0.0040
April	0.0040	0.0040	0.0040
May	0.0040	0.0039	0.0040
June	0.0040	0.0039	0.0040
July	0.0040	0.0039	0.0039
August	0.0040	0.0038	0.0039
September	0.0039	0.0038	0.0039
October	0.0040	0.0039	0.0039
November	0.0040	0.0039	0.0040
December	0.0040	0.0008	0.0028