2023 MAD to GBP Historical Review

YEARLY HIGH

0.0817 GBP

YEARLY LOW

0.0774 GBP

YEARLY AVERAGE

0.0795 GBP

2023 MAD to GBP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MAD to GBP exchange rate experienced significant fluctuation. The market reached its absolute peak on February 3, valuing the pair at 0.0817. Conversely, the yearly low was recorded on December 14, dropping to 0.0774.

This high-to-low spread represents a total annual volatility of 0.0043 GBP. From a start-to-finish perspective, comparing the January average rate of 0.0798 to the December average rate of 0.0786, the exchange rate registered a net change of -1.50% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0817 was down 4.42% compared to the 2022 peak of 0.0855, 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 408 GBP

2022 Average 399 GBP

Yearly Trough Low 387 GBP

Transaction Impact: A difference of 21.50 GBP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0807

0.0784

JanuMarcMayJulySeptNove

MAD to GBP 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 0.0796, compared to 0.0793 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 0.0796

H2 Avg (Jul–Dec) 0.0793

Volatility Range Comparison

Volatility

The most volatile month in 2023 was August, with a trading range of 0.0034 GBP (High: 0.0812 / Low: 0.0778). On the other end, May was the most stable month, with a tight range of 0.0019 GBP (High: 0.0805 / Low: 0.0786).

August Spread (Volatile) ±0.0034

May Spread (Stable) ±0.0019

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2023. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0008 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0008

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 0.0805) against the same month in 2022 (average: 0.0787), the exchange rate shifted by +0.0018 (+2.24%).

2023 Avg (February) 0.0805

2022 Avg (February) 0.0787

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0813	0.0790	0.0798
February	0.0817	0.0793	0.0805
March	0.0812	0.0787	0.0798
April	0.0803	0.0782	0.0793
May	0.0805	0.0786	0.0793
June	0.0798	0.0776	0.0788
July	0.0809	0.0785	0.0797
August	0.0812	0.0778	0.0795
September	0.0802	0.0777	0.0789
October	0.0808	0.0787	0.0800
November	0.0802	0.0783	0.0792
December	0.0797	0.0774	0.0786