2023 MAD to AED Historical Review

YEARLY HIGH

0.3823 AED

YEARLY LOW

0.3493 AED

YEARLY AVERAGE

0.3629 AED

2023 MAD to AED Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MAD to AED exchange rate experienced significant fluctuation. The market reached its absolute peak on July 16, valuing the pair at 0.3823. Conversely, the yearly low was recorded on January 3, dropping to 0.3493.

This high-to-low spread represents a total annual volatility of 0.0331 AED. From a start-to-finish perspective, comparing the January average rate of 0.3590 to the December average rate of 0.3658, the exchange rate registered a net change of 1.89% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.3823 was down 4.17% compared to the 2022 peak of 0.3989, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,912 AED

2022 Average 1,813 AED

Yearly Trough Low 1,746 AED

Transaction Impact: A difference of 165.29 AED purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.3794

0.3535

JanuMarcMayJulySeptNove

MAD to AED 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 0.3604, compared to 0.3653 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0049 points.

H1 Avg (Jan–Jun) 0.3604

H2 Avg (Jul–Dec) 0.3653

Volatility Range Comparison

Volatility

The most volatile month in 2023 was August, with a trading range of 0.0191 AED (High: 0.3802 / Low: 0.3610). On the other end, September was the most stable month, with a tight range of 0.0060 AED (High: 0.3617 / Low: 0.3558).

August Spread (Volatile) ±0.0191

September Spread (Stable) ±0.0060

Growth Streaks & Declines

Trends

Between March and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.0121 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0121

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 0.3772) against the same month in 2022 (average: 0.3590), the exchange rate shifted by +0.0182 (+5.06%).

2023 Avg (July) 0.3772

2022 Avg (July) 0.3590

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.3653	0.3493	0.3590
February	0.3622	0.3525	0.3566
March	0.3598	0.3511	0.3556
April	0.3708	0.3591	0.3626
May	0.3683	0.3586	0.3634
June	0.3711	0.3600	0.3655
July	0.3823	0.3711	0.3772
August	0.3802	0.3610	0.3710
September	0.3617	0.3558	0.3590
October	0.3605	0.3543	0.3576
November	0.3658	0.3566	0.3615
December	0.3731	0.3605	0.3658