2023 GYD to MAD Historical Review

YEARLY HIGH

0.0503 MAD

YEARLY LOW

0.0458 MAD

YEARLY AVERAGE

0.0482 MAD

2023 GYD to MAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the GYD to MAD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 0.0503. Conversely, the yearly low was recorded on July 16, dropping to 0.0458.

This high-to-low spread represents a total annual volatility of 0.0044 MAD. From a start-to-finish perspective, comparing the January average rate of 0.0488 to the December average rate of 0.0479, the exchange rate registered a net change of -1.78% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0503 was down 5.14% compared to the 2022 peak of 0.0530, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 251 MAD

2022 Average 243 MAD

Yearly Trough Low 229 MAD

Transaction Impact: A difference of 22.16 MAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0494

0.0461

JanuMarcMayJulySeptNove

GYD 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 0.0483, compared to 0.0480 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0003 points.

H1 Avg (Jan–Jun) 0.0483

H2 Avg (Jul–Dec) 0.0480

Volatility Range Comparison

Volatility

The most volatile month in 2023 was August, with a trading range of 0.0025 MAD (High: 0.0486 / Low: 0.0462). On the other end, September was the most stable month, with a tight range of 0.0008 MAD (High: 0.0493 / Low: 0.0485).

August Spread (Volatile) ±0.0025

September Spread (Stable) ±0.0008

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 0.0011 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0011

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.0488) against the same month in 2022 (average: 0.0444), the exchange rate shifted by +0.0044 (+9.86%).

2023 Avg (January) 0.0488

2022 Avg (January) 0.0444

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0503	0.0480	0.0488
February	0.0494	0.0481	0.0488
March	0.0496	0.0484	0.0490
April	0.0485	0.0468	0.0479
May	0.0484	0.0472	0.0478
June	0.0483	0.0468	0.0475
July	0.0471	0.0458	0.0464
August	0.0486	0.0462	0.0473
September	0.0493	0.0485	0.0489
October	0.0495	0.0487	0.0491
November	0.0492	0.0480	0.0486
December	0.0487	0.0470	0.0479