2023 MAD to BZD Historical Review

YEARLY HIGH

0.2093 BZD

YEARLY LOW

0.1917 BZD

YEARLY AVERAGE

0.1991 BZD

2023 MAD to BZD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MAD to BZD exchange rate experienced significant fluctuation. The market reached its absolute peak on July 14, valuing the pair at 0.2093. Conversely, the yearly low was recorded on January 3, dropping to 0.1917.

This high-to-low spread represents a total annual volatility of 0.0176 BZD. From a start-to-finish perspective, comparing the January average rate of 0.1970 to the December average rate of 0.2010, 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 0.2093 was down 4.44% compared to the 2022 peak of 0.2190, 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 1,046 BZD

2022 Average 995 BZD

Yearly Trough Low 958 BZD

Transaction Impact: A difference of 88.04 BZD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.2080

0.1935

JanuMarcMayJulySeptNove

MAD to BZD 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 0.1977, compared to 0.2004 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) 0.1977

H2 Avg (Jul–Dec) 0.2004

Volatility Range Comparison

Volatility

The most volatile month in 2023 was August, with a trading range of 0.0105 BZD (High: 0.2087 / Low: 0.1982). On the other end, October was the most stable month, with a tight range of 0.0031 BZD (High: 0.1975 / Low: 0.1944).

August Spread (Volatile) ±0.0105

October Spread (Stable) ±0.0031

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 0.0067 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0067

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 0.2068) against the same month in 2022 (average: 0.1970), the exchange rate shifted by +0.0098 (+4.97%).

2023 Avg (July) 0.2068

2022 Avg (July) 0.1970

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1999	0.1917	0.1970
February	0.1988	0.1933	0.1957
March	0.1975	0.1927	0.1947
April	0.2035	0.1970	0.1988
May	0.2019	0.1968	0.1994
June	0.2037	0.1975	0.2006
July	0.2093	0.2037	0.2068
August	0.2087	0.1982	0.2036
September	0.1985	0.1953	0.1970
October	0.1975	0.1944	0.1961
November	0.2007	0.1956	0.1982
December	0.2049	0.1979	0.2010