2023 MAD to GYD Historical Review

YEARLY HIGH

21.8196 GYD

YEARLY LOW

19.8954 GYD

YEARLY AVERAGE

20.7636 GYD

2023 MAD to GYD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MAD to GYD exchange rate experienced significant fluctuation. The market reached its absolute peak on July 15, valuing the pair at 21.8196. Conversely, the yearly low was recorded on January 3, dropping to 19.8954.

This high-to-low spread represents a total annual volatility of 1.9242 GYD. From a start-to-finish perspective, comparing the January average rate of 20.4957 to the December average rate of 20.8651, the exchange rate registered a net change of 1.80% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 21.8196 was down 4.02% compared to the 2022 peak of 22.7330, 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 109,098 GYD

2022 Average 103,253 GYD

Yearly Trough Low 99,477 GYD

Transaction Impact: A difference of 9,621.15 GYD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

21.6671

20.2430

JanuMarcMayJulySeptNove

MAD to GYD 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 20.7025, compared to 20.8247 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1222 points.

H1 Avg (Jan–Jun) 20.7025

H2 Avg (Jul–Dec) 20.8247

Volatility Range Comparison

Volatility

The most volatile month in 2023 was August, with a trading range of 1.0931 GYD (High: 21.6608 / Low: 20.5677). On the other end, September was the most stable month, with a tight range of 0.3340 GYD (High: 20.6045 / Low: 20.2705).

August Spread (Volatile) ±1.0931

September Spread (Stable) ±0.3340

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 0.6981 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.6981

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 21.5485) against the same month in 2022 (average: 20.4458), the exchange rate shifted by +1.1026 (+5.39%).

2023 Avg (July) 21.5485

2022 Avg (July) 20.4458

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	20.8280	19.8954	20.4957
February	20.8067	20.2372	20.4871
March	20.6658	20.1761	20.4009
April	21.3538	20.6397	20.8680
May	21.1902	20.6459	20.9176
June	21.3719	20.7231	21.0456
July	21.8196	21.2360	21.5485
August	21.6608	20.5677	21.1440
September	20.6045	20.2705	20.4459
October	20.5293	20.1916	20.3616
November	20.8336	20.3183	20.5830
December	21.2674	20.5397	20.8651