2024 TJS to MAD Historical Review

YEARLY HIGH

0.9452 MAD

YEARLY LOW

0.8999 MAD

YEARLY AVERAGE

0.9216 MAD

2024 TJS to MAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the TJS to MAD exchange rate experienced significant fluctuation. The market reached its absolute peak on November 22, valuing the pair at 0.9452. Conversely, the yearly low was recorded on August 24, dropping to 0.8999.

This high-to-low spread represents a total annual volatility of 0.0453 MAD. From a start-to-finish perspective, comparing the January average rate of 0.9110 to the December average rate of 0.9179, the exchange rate registered a net change of 0.76% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.9452 was down 9.53% compared to the 2023 peak of 1.0448, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 4,726 MAD

2023 Average 4,688 MAD

Yearly Trough Low 4,500 MAD

Transaction Impact: A difference of 226.56 MAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.9353

0.9088

JanuMarcMayJulySeptNove

TJS 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 0.9207, compared to 0.9225 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0018 points.

H1 Avg (Jan–Jun) 0.9207

H2 Avg (Jul–Dec) 0.9225

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.0384 MAD (High: 0.9384 / Low: 0.8999). On the other end, February was the most stable month, with a tight range of 0.0098 MAD (High: 0.9238 / Low: 0.9140).

August Spread (Volatile) ±0.0384

February Spread (Stable) ±0.0098

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 0.0152 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0152

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2024: 0.9331) against the same month in 2023 (average: 0.9294), the exchange rate shifted by +0.0037 (+0.40%).

2024 Avg (November) 0.9331

2023 Avg (November) 0.9294

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.9192	0.9029	0.9110
February	0.9238	0.9140	0.9189
March	0.9264	0.9145	0.9188
April	0.9301	0.9157	0.9232
May	0.9297	0.9132	0.9211
June	0.9433	0.9190	0.9314
July	0.9369	0.9190	0.9268
August	0.9384	0.8999	0.9196
September	0.9190	0.9080	0.9136
October	0.9318	0.9168	0.9243
November	0.9452	0.9178	0.9331
December	0.9268	0.9098	0.9179