2023 IQD to MAD Historical Review

YEARLY HIGH

0.0079 MAD

YEARLY LOW

0.0068 MAD

YEARLY AVERAGE

0.0075 MAD

2023 IQD to MAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the IQD to MAD exchange rate experienced significant fluctuation. The market reached its absolute peak on October 9, valuing the pair at 0.0079. Conversely, the yearly low was recorded on April 29, dropping to 0.0068.

This high-to-low spread represents a total annual volatility of 0.0011 MAD. From a start-to-finish perspective, comparing the January average rate of 0.0070 to the December average rate of 0.0077, the exchange rate registered a net change of 9.29% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0079 was up 4.15% compared to the 2022 peak of 0.0076, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 40 MAD

2022 Average 35 MAD

Yearly Trough Low 34 MAD

Transaction Impact: A difference of 5.69 MAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0079

0.0069

JanuMarcMayJulySeptNove

IQD 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 0.0072, compared to 0.0077 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0004 points.

H1 Avg (Jan–Jun) 0.0072

H2 Avg (Jul–Dec) 0.0077

Volatility Range Comparison

Volatility

The most volatile month in 2023 was April, with a trading range of 0.0010 MAD (High: 0.0077 / Low: 0.0068). On the other end, September was the most stable month, with a tight range of 0.0001 MAD (High: 0.0079 / Low: 0.0078).

April Spread (Volatile) ±0.0010

September Spread (Stable) ±0.0001

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 0.0002 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 0.0078) against the same month in 2022 (average: 0.0075), the exchange rate shifted by +0.0003 (+4.52%).

2023 Avg (October) 0.0078

2022 Avg (October) 0.0075

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0072	0.0069	0.0070
February	0.0071	0.0069	0.0071
March	0.0072	0.0070	0.0071
April	0.0077	0.0068	0.0070
May	0.0078	0.0069	0.0077
June	0.0078	0.0076	0.0077
July	0.0076	0.0074	0.0074
August	0.0078	0.0074	0.0076
September	0.0079	0.0078	0.0078
October	0.0079	0.0078	0.0078
November	0.0079	0.0077	0.0078
December	0.0078	0.0075	0.0077