2023 MAD to AWG Historical Review

YEARLY HIGH

0.1876 AWG

YEARLY LOW

0.1714 AWG

YEARLY AVERAGE

0.1779 AWG

2023 MAD to AWG Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MAD to AWG exchange rate experienced significant fluctuation. The market reached its absolute peak on July 15, valuing the pair at 0.1876. Conversely, the yearly low was recorded on January 3, dropping to 0.1714.

This high-to-low spread represents a total annual volatility of 0.0162 AWG. From a start-to-finish perspective, comparing the January average rate of 0.1760 to the December average rate of 0.1794, the exchange rate registered a net change of 1.90% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.1876 was down 4.06% compared to the 2022 peak of 0.1956, 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 938 AWG

2022 Average 888 AWG

Yearly Trough Low 857 AWG

Transaction Impact: A difference of 81.10 AWG purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1861

0.1733

JanuMarcMayJulySeptNove

MAD to AWG 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 0.1791 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0023 points.

H1 Avg (Jan–Jun) 0.1768

H2 Avg (Jul–Dec) 0.1791

Volatility Range Comparison

Volatility

The most volatile month in 2023 was August, with a trading range of 0.0096 AWG (High: 0.1866 / Low: 0.1769). On the other end, October was the most stable month, with a tight range of 0.0030 AWG (High: 0.1767 / Low: 0.1736).

August Spread (Volatile) ±0.0096

October Spread (Stable) ±0.0030

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 0.0060 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0060

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 0.1850) against the same month in 2022 (average: 0.1755), the exchange rate shifted by +0.0096 (+5.44%).

2023 Avg (July) 0.1850

2022 Avg (July) 0.1755

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1790	0.1714	0.1760
February	0.1775	0.1727	0.1748
March	0.1766	0.1720	0.1744
April	0.1817	0.1760	0.1778
May	0.1805	0.1758	0.1782
June	0.1821	0.1767	0.1793
July	0.1876	0.1821	0.1850
August	0.1866	0.1769	0.1820
September	0.1775	0.1744	0.1760
October	0.1767	0.1736	0.1753
November	0.1795	0.1745	0.1769
December	0.1831	0.1767	0.1794