2023 DOP to MAD Historical Review

YEARLY HIGH

0.1902 MAD

YEARLY LOW

0.1704 MAD

YEARLY AVERAGE

0.1809 MAD

2023 DOP to MAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the DOP to MAD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 16, valuing the pair at 0.1902. Conversely, the yearly low was recorded on December 27, dropping to 0.1704.

This high-to-low spread represents a total annual volatility of 0.0197 MAD. From a start-to-finish perspective, comparing the January average rate of 0.1808 to the December average rate of 0.1752, the exchange rate registered a net change of -3.13% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.1902 was down 8.55% compared to the 2022 peak of 0.2079, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 951 MAD

2022 Average 926 MAD

Yearly Trough Low 852 MAD

Transaction Impact: A difference of 98.62 MAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1893

0.1732

JanuMarcMayJulySeptNove

DOP 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 0.1843, compared to 0.1774 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0069 points.

H1 Avg (Jan–Jun) 0.1843

H2 Avg (Jul–Dec) 0.1774

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0091 MAD (High: 0.1868 / Low: 0.1777). On the other end, October was the most stable month, with a tight range of 0.0030 MAD (High: 0.1826 / Low: 0.1796).

January Spread (Volatile) ±0.0091

October Spread (Stable) ±0.0030

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 0.0086 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0086

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 0.1880) against the same month in 2022 (average: 0.1772), the exchange rate shifted by +0.0107 (+6.05%).

2023 Avg (March) 0.1880

2022 Avg (March) 0.1772

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1868	0.1777	0.1808
February	0.1870	0.1792	0.1834
March	0.1902	0.1861	0.1880
April	0.1866	0.1819	0.1852
May	0.1876	0.1829	0.1853
June	0.1871	0.1788	0.1831
July	0.1788	0.1720	0.1745
August	0.1792	0.1715	0.1748
September	0.1818	0.1786	0.1803
October	0.1826	0.1796	0.1809
November	0.1814	0.1766	0.1790
December	0.1790	0.1704	0.1752