2024 THB to MAD Historical Review

YEARLY HIGH

0.3000 MAD

YEARLY LOW

0.2687 MAD

YEARLY AVERAGE

0.2821 MAD

2024 THB to MAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the THB to MAD exchange rate experienced significant fluctuation. The market reached its absolute peak on October 20, valuing the pair at 0.3000. Conversely, the yearly low was recorded on June 26, dropping to 0.2687.

This high-to-low spread represents a total annual volatility of 0.0313 MAD. From a start-to-finish perspective, comparing the January average rate of 0.2830 to the December average rate of 0.2933, the exchange rate registered a net change of 3.64% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.3000 was down 4.00% compared to the 2023 peak of 0.3125, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 250,000 THB based on timing:

Yearly Peak High 75,000 MAD

2023 Average 72,831 MAD

Yearly Trough Low 67,182 MAD

Transaction Impact: A difference of 7,818.43 MAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.2975

0.2688

JanuMarcMayJulySeptNove

THB 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 0.2770, compared to 0.2872 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0102 points.

H1 Avg (Jan–Jun) 0.2770

H2 Avg (Jul–Dec) 0.2872

Volatility Range Comparison

Volatility

The most volatile month in 2024 was September, with a trading range of 0.0149 MAD (High: 0.2996 / Low: 0.2847). On the other end, February was the most stable month, with a tight range of 0.0049 MAD (High: 0.2833 / Low: 0.2784).

September Spread (Volatile) ±0.0149

February Spread (Stable) ±0.0049

Growth Streaks & Declines

Trends

Between June and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0058 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0058

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2024: 0.2951) against the same month in 2023 (average: 0.2816), the exchange rate shifted by +0.0135 (+4.79%).

2024 Avg (October) 0.2951

2023 Avg (October) 0.2816

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2893	0.2761	0.2830
February	0.2833	0.2784	0.2806
March	0.2837	0.2763	0.2798
April	0.2770	0.2720	0.2746
May	0.2754	0.2701	0.2729
June	0.2738	0.2687	0.2712
July	0.2796	0.2703	0.2721
August	0.2871	0.2755	0.2810
September	0.2996	0.2847	0.2925
October	0.3000	0.2909	0.2951
November	0.2926	0.2848	0.2893
December	0.2968	0.2886	0.2933