2023 PHP to MAD Historical Review

YEARLY HIGH

0.1911 MAD

YEARLY LOW

0.1718 MAD

YEARLY AVERAGE

0.1821 MAD

2023 PHP to MAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the PHP to MAD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 5, valuing the pair at 0.1911. Conversely, the yearly low was recorded on August 8, dropping to 0.1718.

This high-to-low spread represents a total annual volatility of 0.0193 MAD. From a start-to-finish perspective, comparing the January average rate of 0.1863 to the December average rate of 0.1809, the exchange rate registered a net change of -2.91% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.1911 was down 1.28% compared to the 2022 peak of 0.1936, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 250,000 PHP based on timing:

Yearly Peak High 47,785 MAD

2022 Average 46,594 MAD

Yearly Trough Low 42,955 MAD

Transaction Impact: A difference of 4,830.13 MAD purely based on transaction execution date.

প্রবণতার চিত্রায়ন

2023 সাল জুড়ে মাসিক গড় ওঠানামা।

0.1900

0.1746

JanuMarcMayJulySeptNove

PHP 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 0.1846, compared to 0.1796 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0050 points.

H1 Avg (Jan–Jun) 0.1846

H2 Avg (Jul–Dec) 0.1796

Volatility Range Comparison

Volatility

The most volatile month in 2023 was April, with a trading range of 0.0098 MAD (High: 0.1883 / Low: 0.1785). On the other end, November was the most stable month, with a tight range of 0.0027 MAD (High: 0.1837 / Low: 0.1810).

April Spread (Volatile) ±0.0098

November Spread (Stable) ±0.0027

Growth Streaks & Declines

Trends

Between August and November, 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 March and April, when the average rate fell by 0.0054 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0054

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 0.1878) against the same month in 2022 (average: 0.1830), the exchange rate shifted by +0.0048 (+2.61%).

2023 Avg (February) 0.1878

2022 Avg (February) 0.1830

মাসিক বিশ্লেষণ

প্রতিটি ক্যালেন্ডার মাসের পরিসংখ্যানগত সারসংক্ষেপ।

Month	High	Low	Average
January	0.1880	0.1831	0.1863
February	0.1911	0.1858	0.1878
March	0.1910	0.1864	0.1887
April	0.1883	0.1785	0.1834
May	0.1841	0.1785	0.1812
June	0.1820	0.1778	0.1801
July	0.1801	0.1751	0.1774
August	0.1796	0.1718	0.1759
September	0.1822	0.1786	0.1802
October	0.1824	0.1797	0.1809
November	0.1837	0.1810	0.1823
December	0.1831	0.1771	0.1809

2023 PHP থেকে MAD-এর ঐতিহাসিক পর্যালোচনা