YEARLY HIGH
0.1223 MAD
YEARLY LOW
0.1140 MAD
YEARLY AVERAGE
0.1188 MAD

2024 BTN to MAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BTN to MAD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 28, valuing the pair at 0.1223. Conversely, the yearly low was recorded on August 24, dropping to 0.1140.

This high-to-low spread represents a total annual volatility of 0.0083 MAD. From a start-to-finish perspective, comparing the January average rate of 0.1198 to the December average rate of 0.1179, the exchange rate registered a net change of -1.54% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.1223 was down 4.27% compared to the 2023 peak of 0.1277, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 611 MAD
2023 Average 613 MAD
Yearly Trough Low 570 MAD
Transaction Impact: A difference of 41.26 MAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.1217
0.1155
JanuMarcMayJulySeptNove

BTN 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 0.1204, compared to 0.1172 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0031 points.

H1 Avg (Jan–Jun) 0.1204
H2 Avg (Jul–Dec) 0.1172

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.0047 MAD (High: 0.1188 / Low: 0.1140). On the other end, March was the most stable month, with a tight range of 0.0009 MAD (High: 0.1216 / Low: 0.1208).

August Spread (Volatile) ±0.0047
March Spread (Stable) ±0.0009

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 July and August, when the average rate fell by 0.0016 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0016

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2024: 0.1212) against the same month in 2023 (average: 0.1247), the exchange rate shifted by -0.0035 (-2.83%).

2024 Avg (February) 0.1212
2023 Avg (February) 0.1247

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1207 0.1180 0.1198
February 0.1223 0.1205 0.1212
March 0.1216 0.1208 0.1212
April 0.1218 0.1202 0.1211
May 0.1209 0.1189 0.1199
June 0.1203 0.1182 0.1192
July 0.1195 0.1171 0.1180
August 0.1188 0.1140 0.1164
September 0.1168 0.1156 0.1161
October 0.1182 0.1162 0.1171
November 0.1193 0.1167 0.1180
December 0.1185 0.1174 0.1179