2023 KMF to MAD Historical Review

YEARLY HIGH

0.0228 MAD

YEARLY LOW

0.0215 MAD

YEARLY AVERAGE

0.0222 MAD

2023 KMF to MAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the KMF to MAD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 22, valuing the pair at 0.0228. Conversely, the yearly low was recorded on August 5, dropping to 0.0215.

This high-to-low spread represents a total annual volatility of 0.0013 MAD. From a start-to-finish perspective, comparing the January average rate of 0.0224 to the December average rate of 0.0223, the exchange rate registered a net change of -0.58% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0228 was down 0.92% compared to the 2022 peak of 0.0230, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 114 MAD

2022 Average 109 MAD

Yearly Trough Low 107 MAD

Transaction Impact: A difference of 6.52 MAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0226

0.0218

JanuMarcMayJulySeptNove

KMF 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 0.0224, compared to 0.0221 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) 0.0224

H2 Avg (Jul–Dec) 0.0221

Volatility Range Comparison

Volatility

The most volatile month in 2023 was August, with a trading range of 0.0010 MAD (High: 0.0225 / Low: 0.0215). On the other end, June was the most stable month, with a tight range of 0.0004 MAD (High: 0.0223 / Low: 0.0219).

August Spread (Volatile) ±0.0010

June Spread (Stable) ±0.0004

Growth Streaks & Declines

Trends

Between February and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0003 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0003

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 0.0224) against the same month in 2022 (average: 0.0218), the exchange rate shifted by +0.0007 (+3.08%).

2023 Avg (March) 0.0224

2022 Avg (March) 0.0218

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0227	0.0221	0.0224
February	0.0227	0.0222	0.0224
March	0.0228	0.0221	0.0224
April	0.0228	0.0222	0.0226
May	0.0225	0.0220	0.0223
June	0.0223	0.0219	0.0221
July	0.0222	0.0215	0.0219
August	0.0225	0.0215	0.0219
September	0.0224	0.0220	0.0222
October	0.0222	0.0218	0.0220
November	0.0225	0.0218	0.0223
December	0.0226	0.0221	0.0223