2023 MAD to CAD Historical Review

YEARLY HIGH

0.1385 CAD

YEARLY LOW

0.1291 CAD

YEARLY AVERAGE

0.1334 CAD

2023 MAD to CAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MAD to CAD exchange rate experienced significant fluctuation. The market reached its absolute peak on August 5, valuing the pair at 0.1385. Conversely, the yearly low was recorded on January 4, dropping to 0.1291.

This high-to-low spread represents a total annual volatility of 0.0094 CAD. From a start-to-finish perspective, comparing the January average rate of 0.1312 to the December average rate of 0.1336, the exchange rate registered a net change of 1.83% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.1385 was up 0.51% compared to the 2022 peak of 0.1378, 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 693 CAD

2022 Average 642 CAD

Yearly Trough Low 646 CAD

Transaction Impact: A difference of 47.15 CAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1368

0.1301

JanuMarcMayJulySeptNove

MAD to CAD 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 0.1323, compared to 0.1344 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0021 points.

H1 Avg (Jan–Jun) 0.1323

H2 Avg (Jul–Dec) 0.1344

Volatility Range Comparison

Volatility

The most volatile month in 2023 was April, with a trading range of 0.0065 CAD (High: 0.1379 / Low: 0.1314). On the other end, November was the most stable month, with a tight range of 0.0022 CAD (High: 0.1360 / Low: 0.1338).

April Spread (Volatile) ±0.0065

November Spread (Stable) ±0.0022

Growth Streaks & Declines

Trends

Between February and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.0038 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0038

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2023: 0.1362) against the same month in 2022 (average: 0.1242), the exchange rate shifted by +0.0120 (+9.68%).

2023 Avg (August) 0.1362

2022 Avg (August) 0.1242

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1333	0.1291	0.1312
February	0.1319	0.1295	0.1306
March	0.1349	0.1308	0.1327
April	0.1379	0.1314	0.1335
May	0.1370	0.1321	0.1339
June	0.1339	0.1311	0.1322
July	0.1377	0.1339	0.1359
August	0.1385	0.1332	0.1362
September	0.1346	0.1307	0.1324
October	0.1351	0.1310	0.1335
November	0.1360	0.1338	0.1349
December	0.1346	0.1320	0.1336