2023 ALL to MAD Historical Review

YEARLY HIGH

0.1085 MAD

YEARLY LOW

0.0932 MAD

YEARLY AVERAGE

0.1008 MAD

2023 ALL to MAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the ALL to MAD exchange rate experienced significant fluctuation. The market reached its absolute peak on July 20, valuing the pair at 0.1085. Conversely, the yearly low was recorded on January 8, dropping to 0.0932.

This high-to-low spread represents a total annual volatility of 0.0153 MAD. From a start-to-finish perspective, comparing the January average rate of 0.0948 to the December average rate of 0.1066, the exchange rate registered a net change of 12.47% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.1085 was up 10.11% compared to the 2022 peak of 0.0985, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 542 MAD

2022 Average 449 MAD

Yearly Trough Low 466 MAD

Transaction Impact: A difference of 76.33 MAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1078

0.0936

JanuMarcMayJulySeptNove

ALL 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 0.0977, compared to 0.1039 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0063 points.

H1 Avg (Jan–Jun) 0.0977

H2 Avg (Jul–Dec) 0.1039

Volatility Range Comparison

Volatility

The most volatile month in 2023 was August, with a trading range of 0.0081 MAD (High: 0.1061 / Low: 0.0980). On the other end, February was the most stable month, with a tight range of 0.0017 MAD (High: 0.0961 / Low: 0.0944).

August Spread (Volatile) ±0.0081

February Spread (Stable) ±0.0017

Growth Streaks & Declines

Trends

Between January and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.0020 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0020

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 0.1042) against the same month in 2022 (average: 0.0888), the exchange rate shifted by +0.0154 (+17.33%).

2023 Avg (July) 0.1042

2022 Avg (July) 0.0888

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0983	0.0932	0.0948
February	0.0961	0.0944	0.0953
March	0.0980	0.0958	0.0966
April	0.1002	0.0978	0.0989
May	0.0996	0.0967	0.0988
June	0.1030	0.0996	0.1015
July	0.1085	0.1006	0.1042
August	0.1061	0.0980	0.1022
September	0.1033	0.1009	0.1022
October	0.1037	0.1015	0.1026
November	0.1079	0.1030	0.1058
December	0.1085	0.1051	0.1066