2024 MAD to STD Historical Review

YEARLY HIGH

2328.7384 STD

YEARLY LOW

2191.7205 STD

YEARLY AVERAGE

2242.3520 STD

2024 MAD to STD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MAD to STD exchange rate experienced significant fluctuation. The market reached its absolute peak on August 24, valuing the pair at 2328.7384. Conversely, the yearly low was recorded on April 16, dropping to 2191.7205.

This high-to-low spread represents a total annual volatility of 137.0179 STD. From a start-to-finish perspective, comparing the January average rate of 2239.0345 to the December average rate of 2224.5815, the exchange rate registered a net change of -0.65% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 2328.7384 was down 1.98% compared to the 2023 peak of 2375.6863, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 11,643,692 STD

2023 Average 11,162,314 STD

Yearly Trough Low 10,958,603 STD

Transaction Impact: A difference of 685,089.54 STD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

2299.1620

2199.1423

JanuMarcMayJulySeptNove

MAD to STD 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 2224.5349, compared to 2260.1691 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 35.6342 points.

H1 Avg (Jan–Jun) 2224.5349

H2 Avg (Jul–Dec) 2260.1691

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 86.6189 STD (High: 2328.7384 / Low: 2242.1195). On the other end, February was the most stable month, with a tight range of 24.7331 STD (High: 2227.0665 / Low: 2202.3334).

August Spread (Volatile) ±86.6189

February Spread (Stable) ±24.7331

Growth Streaks & Declines

Trends

Between April and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 28.3893 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -28.3893

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2024: 2284.6831) against the same month in 2023 (average: 2250.8645), the exchange rate shifted by +33.8186 (+1.50%).

2024 Avg (August) 2284.6831

2023 Avg (August) 2250.8645

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2262.1739	2223.8679	2239.0345
February	2227.0665	2202.3334	2215.4047
March	2233.9012	2198.1467	2216.1763
April	2228.8776	2191.7205	2207.4772
May	2249.6952	2203.5640	2230.5290
June	2256.2393	2219.1127	2238.5878
July	2276.8376	2233.4814	2260.0410
August	2328.7384	2242.1195	2284.6831
September	2305.1370	2273.2789	2290.8270
October	2284.6434	2242.7579	2262.4377
November	2270.0724	2211.7028	2238.4442
December	2240.1951	2205.4989	2224.5815

2024 இந்திய ரூபாய் முதல் பவுண்ட் வரையிலான வரலாற்று ஆய்வு