2024 TWD to MAD Historical Review

YEARLY HIGH

0.3235 MAD

YEARLY LOW

0.2997 MAD

YEARLY AVERAGE

0.3097 MAD

2024 TWD to MAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the TWD to MAD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 0.3235. Conversely, the yearly low was recorded on July 22, dropping to 0.2997.

This high-to-low spread represents a total annual volatility of 0.0238 MAD. From a start-to-finish perspective, comparing the January average rate of 0.3191 to the December average rate of 0.3075, the exchange rate registered a net change of -3.63% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.3235 was down 5.67% compared to the 2023 peak of 0.3429, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,617 MAD

2023 Average 1,626 MAD

Yearly Trough Low 1,498 MAD

Transaction Impact: A difference of 119.04 MAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.3218

0.3004

JanuMarcMayJulySeptNove

TWD 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 0.3142, compared to 0.3052 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0090 points.

H1 Avg (Jan–Jun) 0.3142

H2 Avg (Jul–Dec) 0.3052

Volatility Range Comparison

Volatility

The most volatile month in 2024 was January, with a trading range of 0.0099 MAD (High: 0.3235 / Low: 0.3136). On the other end, December was the most stable month, with a tight range of 0.0032 MAD (High: 0.3087 / Low: 0.3055).

January Spread (Volatile) ±0.0099

December Spread (Stable) ±0.0032

Growth Streaks & Declines

Trends

Between July and November, 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 March and April, when the average rate fell by 0.0053 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0053

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 0.3191) against the same month in 2023 (average: 0.3367), the exchange rate shifted by -0.0176 (-5.24%).

2024 Avg (January) 0.3191

2023 Avg (January) 0.3367

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.3235	0.3136	0.3191
February	0.3225	0.3173	0.3200
March	0.3199	0.3146	0.3174
April	0.3154	0.3101	0.3121
May	0.3119	0.3066	0.3093
June	0.3102	0.3047	0.3073
July	0.3061	0.2997	0.3021
August	0.3051	0.3001	0.3026
September	0.3069	0.3021	0.3044
October	0.3099	0.3040	0.3069
November	0.3100	0.3056	0.3078
December	0.3087	0.3055	0.3075