2023 BDT to MAD Historical Review

YEARLY HIGH

0.1017 MAD

YEARLY LOW

0.0885 MAD

YEARLY AVERAGE

0.0938 MAD

2023 BDT to MAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BDT to MAD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 0.1017. Conversely, the yearly low was recorded on July 14, dropping to 0.0885.

This high-to-low spread represents a total annual volatility of 0.0132 MAD. From a start-to-finish perspective, comparing the January average rate of 0.0977 to the December average rate of 0.0913, the exchange rate registered a net change of -6.54% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.1017 was down 13.02% compared to the 2022 peak of 0.1169, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 508 MAD

2022 Average 545 MAD

Yearly Trough Low 443 MAD

Transaction Impact: A difference of 65.79 MAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0984

0.0890

JanuMarcMayJulySeptNove

BDT 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 0.0958, compared to 0.0917 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0041 points.

H1 Avg (Jan–Jun) 0.0958

H2 Avg (Jul–Dec) 0.0917

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0065 MAD (High: 0.1017 / Low: 0.0952). On the other end, October was the most stable month, with a tight range of 0.0015 MAD (High: 0.0941 / Low: 0.0926).

January Spread (Volatile) ±0.0065

October Spread (Stable) ±0.0015

Growth Streaks & Declines

Trends

Between July and October, 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 June and July, when the average rate fell by 0.0032 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0032

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.0977) against the same month in 2022 (average: 0.1082), the exchange rate shifted by -0.0105 (-9.71%).

2023 Avg (January) 0.0977

2022 Avg (January) 0.1082

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1017	0.0952	0.0977
February	0.0995	0.0945	0.0969
March	0.0994	0.0951	0.0976
April	0.0971	0.0933	0.0954
May	0.0956	0.0922	0.0944
June	0.0950	0.0915	0.0930
July	0.0915	0.0885	0.0898
August	0.0931	0.0886	0.0906
September	0.0940	0.0925	0.0932
October	0.0941	0.0926	0.0932
November	0.0935	0.0911	0.0921
December	0.0926	0.0896	0.0913