2023 MAD to AMD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 MAD to AMD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the MAD to AMD exchange rate experienced significant fluctuation. The market reached its absolute peak on October 5, valuing the pair at 41.4638. Conversely, the yearly low was recorded on March 9, dropping to 37.0888.
This high-to-low spread represents a total annual volatility of 4.3750 AMD. From a start-to-finish perspective, comparing the January average rate of 38.6603 to the December average rate of 40.2793, the exchange rate registered a net change of 4.19% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2023 high of 41.4638 was down 21.93% compared to the 2022 peak of 53.1111, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 MAD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2023.
MAD to AMD Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 38.2569, compared to 39.2916 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.0347 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was October, with a trading range of 2.9326 AMD (High: 41.4638 / Low: 38.5312). On the other end, April was the most stable month, with a tight range of 0.7479 AMD (High: 38.7448 / Low: 37.9969).
Growth Streaks & Declines
TrendsBetween September and December, 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 August and September, when the average rate fell by 1.2760 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (October 2023: 39.3279) against the same month in 2022 (average: 36.8399), the exchange rate shifted by +2.4880 (+6.75%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 39.3198 | 37.2934 | 38.6603 |
| February | 39.1042 | 37.3832 | 38.2586 |
| March | 38.1826 | 37.0888 | 37.5890 |
| April | 38.7448 | 37.9969 | 38.3305 |
| May | 38.9103 | 37.6508 | 38.2526 |
| June | 39.0384 | 37.8018 | 38.4502 |
| July | 40.5023 | 39.0078 | 39.7861 |
| August | 39.9199 | 37.9417 | 39.0386 |
| September | 38.6486 | 37.2419 | 37.7626 |
| October | 41.4638 | 38.5312 | 39.3279 |
| November | 40.0751 | 39.0935 | 39.5549 |
| December | 41.1467 | 39.6209 | 40.2793 |