2023 MAD to ANG Historical Review

YEARLY HIGH

0.1871 ANG

YEARLY LOW

0.1714 ANG

YEARLY AVERAGE

0.1780 ANG

2023 MAD to ANG Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MAD to ANG exchange rate experienced significant fluctuation. The market reached its absolute peak on July 15, valuing the pair at 0.1871. Conversely, the yearly low was recorded on January 3, dropping to 0.1714.

This high-to-low spread represents a total annual volatility of 0.0157 ANG. From a start-to-finish perspective, comparing the January average rate of 0.1762 to the December average rate of 0.1797, the exchange rate registered a net change of 2.01% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.1871 was down 4.45% compared to the 2022 peak of 0.1958, 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 936 ANG

2022 Average 889 ANG

Yearly Trough Low 857 ANG

Transaction Impact: A difference of 78.67 ANG purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1859

0.1732

JanuMarcMayJulySeptNove

MAD to ANG 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 0.1768, compared to 0.1792 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0024 points.

H1 Avg (Jan–Jun) 0.1768

H2 Avg (Jul–Dec) 0.1792

Volatility Range Comparison

Volatility

The most volatile month in 2023 was August, with a trading range of 0.0094 ANG (High: 0.1866 / Low: 0.1772). On the other end, October was the most stable month, with a tight range of 0.0028 ANG (High: 0.1766 / Low: 0.1738).

August Spread (Volatile) ±0.0094

October Spread (Stable) ±0.0028

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 0.0059 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0059

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 0.1849) against the same month in 2022 (average: 0.1761), the exchange rate shifted by +0.0088 (+4.98%).

2023 Avg (July) 0.1849

2022 Avg (July) 0.1761

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1787	0.1714	0.1762
February	0.1777	0.1729	0.1750
March	0.1766	0.1723	0.1743
April	0.1820	0.1761	0.1778
May	0.1809	0.1759	0.1783
June	0.1821	0.1766	0.1793
July	0.1871	0.1821	0.1849
August	0.1866	0.1772	0.1821
September	0.1775	0.1746	0.1761
October	0.1766	0.1738	0.1753
November	0.1795	0.1749	0.1772
December	0.1832	0.1769	0.1797