2024 UAH to MAD Historical Review

YEARLY HIGH

0.2679 MAD

YEARLY LOW

0.2318 MAD

YEARLY AVERAGE

0.2477 MAD

2024 UAH to MAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the UAH to MAD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 5, valuing the pair at 0.2679. Conversely, the yearly low was recorded on August 24, dropping to 0.2318.

This high-to-low spread represents a total annual volatility of 0.0361 MAD. From a start-to-finish perspective, comparing the January average rate of 0.2630 to the December average rate of 0.2398, the exchange rate registered a net change of -8.83% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.2679 was down 6.38% compared to the 2023 peak of 0.2862, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,340 MAD

2023 Average 1,376 MAD

Yearly Trough Low 1,159 MAD

Transaction Impact: A difference of 180.70 MAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.2677

0.2328

JanuMarcMayJulySeptNove

UAH 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 0.2568, compared to 0.2386 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0182 points.

H1 Avg (Jan–Jun) 0.2568

H2 Avg (Jul–Dec) 0.2386

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 0.0108 MAD (High: 0.2562 / Low: 0.2454). On the other end, December was the most stable month, with a tight range of 0.0027 MAD (High: 0.2406 / Low: 0.2379).

May Spread (Volatile) ±0.0108

December Spread (Stable) ±0.0027

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 May and June, when the average rate fell by 0.0056 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0056

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2024: 0.2648) against the same month in 2023 (average: 0.2799), the exchange rate shifted by -0.0151 (-5.40%).

2024 Avg (February) 0.2648

2023 Avg (February) 0.2799

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2670	0.2598	0.2630
February	0.2679	0.2611	0.2648
March	0.2642	0.2566	0.2597
April	0.2596	0.2542	0.2563
May	0.2562	0.2454	0.2514
June	0.2474	0.2440	0.2458
July	0.2450	0.2362	0.2404
August	0.2416	0.2318	0.2369
September	0.2381	0.2332	0.2357
October	0.2409	0.2363	0.2386
November	0.2433	0.2366	0.2404
December	0.2406	0.2379	0.2398