2023 CRC to MAD Historical Review

YEARLY HIGH

0.0195 MAD

YEARLY LOW

0.0173 MAD

YEARLY AVERAGE

0.0187 MAD

2023 CRC to MAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the CRC to MAD exchange rate experienced significant fluctuation. The market reached its absolute peak on October 23, valuing the pair at 0.0195. Conversely, the yearly low was recorded on January 10, dropping to 0.0173.

This high-to-low spread represents a total annual volatility of 0.0021 MAD. From a start-to-finish perspective, comparing the January average rate of 0.0178 to the December average rate of 0.0191, the exchange rate registered a net change of 7.35% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0195 was up 7.76% compared to the 2022 peak of 0.0181, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 97 MAD

2022 Average 79 MAD

Yearly Trough Low 87 MAD

Transaction Impact: A difference of 10.55 MAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0195

0.0177

JanuMarcMayJulySeptNove

CRC 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 0.0186, compared to 0.0189 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0003 points.

H1 Avg (Jan–Jun) 0.0186

H2 Avg (Jul–Dec) 0.0189

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0011 MAD (High: 0.0185 / Low: 0.0173). On the other end, October was the most stable month, with a tight range of 0.0004 MAD (High: 0.0195 / Low: 0.0191).

January Spread (Volatile) ±0.0011

October Spread (Stable) ±0.0004

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 0.0006 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0006

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 0.0193) against the same month in 2022 (average: 0.0176), the exchange rate shifted by +0.0017 (+9.93%).

2023 Avg (October) 0.0193

2022 Avg (October) 0.0176

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0185	0.0173	0.0178
February	0.0187	0.0176	0.0182
March	0.0192	0.0186	0.0189
April	0.0191	0.0185	0.0189
May	0.0191	0.0184	0.0188
June	0.0190	0.0182	0.0186
July	0.0183	0.0177	0.0180
August	0.0189	0.0179	0.0184
September	0.0194	0.0189	0.0191
October	0.0195	0.0191	0.0193
November	0.0194	0.0190	0.0192
December	0.0193	0.0189	0.0191