2023 MAD to BBD Historical Review

YEARLY HIGH

0.2082 BBD

YEARLY LOW

0.1902 BBD

YEARLY AVERAGE

0.1976 BBD

2023 MAD to BBD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MAD to BBD exchange rate experienced significant fluctuation. The market reached its absolute peak on July 15, valuing the pair at 0.2082. Conversely, the yearly low was recorded on January 3, dropping to 0.1902.

This high-to-low spread represents a total annual volatility of 0.0180 BBD. From a start-to-finish perspective, comparing the January average rate of 0.1955 to the December average rate of 0.1992, 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 0.2082 was down 4.17% compared to the 2022 peak of 0.2172, 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 1,041 BBD

2022 Average 987 BBD

Yearly Trough Low 951 BBD

Transaction Impact: A difference of 89.99 BBD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.2066

0.1925

JanuMarcMayJulySeptNove

MAD to BBD 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 0.1963, compared to 0.1989 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0027 points.

H1 Avg (Jan–Jun) 0.1963

H2 Avg (Jul–Dec) 0.1989

Volatility Range Comparison

Volatility

The most volatile month in 2023 was August, with a trading range of 0.0104 BBD (High: 0.2070 / Low: 0.1966). On the other end, September was the most stable month, with a tight range of 0.0032 BBD (High: 0.1970 / Low: 0.1937).

August Spread (Volatile) ±0.0104

September Spread (Stable) ±0.0032

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 0.0066 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0066

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 0.2054) against the same month in 2022 (average: 0.1955), the exchange rate shifted by +0.0099 (+5.06%).

2023 Avg (July) 0.2054

2022 Avg (July) 0.1955

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1989	0.1902	0.1955
February	0.1972	0.1919	0.1942
March	0.1959	0.1912	0.1937
April	0.2019	0.1956	0.1975
May	0.2006	0.1953	0.1979
June	0.2021	0.1960	0.1990
July	0.2082	0.2021	0.2054
August	0.2070	0.1966	0.2020
September	0.1970	0.1937	0.1955
October	0.1963	0.1929	0.1947
November	0.1992	0.1942	0.1969
December	0.2032	0.1963	0.1992