YEARLY HIGH
2.1885 MAD
YEARLY LOW
2.0234 MAD
YEARLY AVERAGE
2.1051 MAD

2023 LYD to MAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the LYD to MAD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 2.1885. Conversely, the yearly low was recorded on August 8, dropping to 2.0234.

This high-to-low spread represents a total annual volatility of 0.1651 MAD. From a start-to-finish perspective, comparing the January average rate of 2.1401 to the December average rate of 2.0885, the exchange rate registered a net change of -2.41% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 2.1885 was down 0.84% compared to the 2022 peak of 2.2070, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 10,943 MAD
2022 Average 10,565 MAD
Yearly Trough Low 10,117 MAD
Transaction Impact: A difference of 825.60 MAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

2.1600
2.0311
JanuMarcMayJulySeptNove

LYD 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 2.1277, compared to 2.0826 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0451 points.

H1 Avg (Jan–Jun) 2.1277
H2 Avg (Jul–Dec) 2.0826

Volatility Range Comparison

Volatility

The most volatile month in 2023 was August, with a trading range of 0.0868 MAD (High: 2.1102 / Low: 2.0234). On the other end, November was the most stable month, with a tight range of 0.0266 MAD (High: 2.1073 / Low: 2.0807).

August Spread (Volatile) ±0.0868
November Spread (Stable) ±0.0266

Growth Streaks & Declines

Trends

Between January and March, 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 June and July, when the average rate fell by 0.0454 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0454

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 2.1401) against the same month in 2022 (average: 2.0243), the exchange rate shifted by +0.1157 (+5.72%).

2023 Avg (January) 2.1401
2022 Avg (January) 2.0243

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.1885 2.1077 2.1401
February 2.1621 2.1310 2.1485
March 2.1695 2.1331 2.1493
April 2.1497 2.0784 2.1274
May 2.1288 2.0974 2.1135
June 2.1142 2.0576 2.0872
July 2.0651 2.0267 2.0418
August 2.1102 2.0234 2.0589
September 2.1227 2.0941 2.1089
October 2.1199 2.0772 2.1004
November 2.1073 2.0807 2.0968
December 2.1072 2.0584 2.0885