2023 LRD to MAD Historical Review

YEARLY HIGH

0.0681 MAD

YEARLY LOW

0.0518 MAD

YEARLY AVERAGE

0.0583 MAD

2023 LRD to MAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the LRD to MAD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 0.0681. Conversely, the yearly low was recorded on August 6, dropping to 0.0518.

This high-to-low spread represents a total annual volatility of 0.0163 MAD. From a start-to-finish perspective, comparing the January average rate of 0.0659 to the December average rate of 0.0533, the exchange rate registered a net change of -19.00% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0681 was down 5.91% compared to the 2022 peak of 0.0723, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 340 MAD

2022 Average 332 MAD

Yearly Trough Low 259 MAD

Transaction Impact: A difference of 81.32 MAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0671

0.0517

JanuMarcMayJulySeptNove

LRD 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 0.0628, compared to 0.0539 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0089 points.

H1 Avg (Jan–Jun) 0.0628

H2 Avg (Jul–Dec) 0.0539

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 0.0052 MAD (High: 0.0602 / Low: 0.0550). On the other end, September was the most stable month, with a tight range of 0.0009 MAD (High: 0.0553 / Low: 0.0545).

June Spread (Volatile) ±0.0052

September Spread (Stable) ±0.0009

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 0.0046 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0046

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.0659) against the same month in 2022 (average: 0.0622), the exchange rate shifted by +0.0037 (+5.90%).

2023 Avg (January) 0.0659

2022 Avg (January) 0.0622

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0681	0.0648	0.0659
February	0.0678	0.0646	0.0658
March	0.0671	0.0629	0.0648
April	0.0630	0.0600	0.0621
May	0.0610	0.0598	0.0605
June	0.0602	0.0550	0.0576
July	0.0550	0.0521	0.0530
August	0.0547	0.0518	0.0531
September	0.0553	0.0545	0.0549
October	0.0556	0.0546	0.0550
November	0.0549	0.0534	0.0541
December	0.0541	0.0522	0.0533