YEARLY HIGH
0.1595 AUD
YEARLY LOW
0.1374 AUD
YEARLY AVERAGE
0.1488 AUD

2023 MAD to AUD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MAD to AUD exchange rate experienced significant fluctuation. The market reached its absolute peak on August 19, valuing the pair at 0.1595. Conversely, the yearly low was recorded on January 28, dropping to 0.1374.

This high-to-low spread represents a total annual volatility of 0.0221 AUD. From a start-to-finish perspective, comparing the January average rate of 0.1405 to the December average rate of 0.1486, the exchange rate registered a net change of 5.79% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.1595 was up 4.89% compared to the 2022 peak of 0.1521, 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 797 AUD
2022 Average 710 AUD
Yearly Trough Low 687 AUD
Transaction Impact: A difference of 110.66 AUD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1574
0.1389
JanuMarcMayJulySeptNove

MAD to AUD 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 0.1452, compared to 0.1524 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0072 points.

H1 Avg (Jan–Jun) 0.1452
H2 Avg (Jul–Dec) 0.1524

Volatility Range Comparison

Volatility

The most volatile month in 2023 was April, with a trading range of 0.0085 AUD (High: 0.1526 / Low: 0.1441). On the other end, September was the most stable month, with a tight range of 0.0035 AUD (High: 0.1542 / Low: 0.1507).

April Spread (Volatile) ±0.0085
September Spread (Stable) ±0.0035

Growth Streaks & Declines

Trends

Between January and May, 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 0.0037 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0037

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2023: 0.1559) against the same month in 2022 (average: 0.1382), the exchange rate shifted by +0.0177 (+12.77%).

2023 Avg (August) 0.1559
2022 Avg (August) 0.1382

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1426 0.1374 0.1405
February 0.1429 0.1375 0.1410
March 0.1471 0.1423 0.1449
April 0.1526 0.1441 0.1477
May 0.1512 0.1469 0.1490
June 0.1528 0.1443 0.1481
July 0.1554 0.1496 0.1526
August 0.1595 0.1520 0.1559
September 0.1542 0.1507 0.1522
October 0.1558 0.1502 0.1534
November 0.1541 0.1496 0.1514
December 0.1511 0.1466 0.1486