2023 MAD to KMF Historical Review

YEARLY HIGH

46.5574 KMF

YEARLY LOW

43.8931 KMF

YEARLY AVERAGE

44.9996 KMF

2023 MAD to KMF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MAD to KMF exchange rate experienced significant fluctuation. The market reached its absolute peak on August 5, valuing the pair at 46.5574. Conversely, the yearly low was recorded on March 22, dropping to 43.8931.

This high-to-low spread represents a total annual volatility of 2.6643 KMF. From a start-to-finish perspective, comparing the January average rate of 44.6672 to the December average rate of 44.9295, the exchange rate registered a net change of 0.59% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 46.5574 was down 1.38% compared to the 2022 peak of 47.2083, 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 232,787 KMF

2022 Average 230,147 KMF

Yearly Trough Low 219,465 KMF

Transaction Impact: A difference of 13,321.66 KMF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

45.8976

44.1760

JanuMarcMayJulySeptNove

MAD to KMF 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 44.7272, compared to 45.2720 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.5448 points.

H1 Avg (Jan–Jun) 44.7272

H2 Avg (Jul–Dec) 45.2720

Volatility Range Comparison

Volatility

The most volatile month in 2023 was August, with a trading range of 2.0284 KMF (High: 46.5574 / Low: 44.5291). On the other end, June was the most stable month, with a tight range of 0.7931 KMF (High: 45.6854 / Low: 44.8923).

August Spread (Volatile) ±2.0284

June Spread (Stable) ±0.7931

Growth Streaks & Declines

Trends

Between April and July, 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 0.5543 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.5543

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2023: 45.6019) against the same month in 2022 (average: 46.7217), the exchange rate shifted by -1.1198 (-2.40%).

2023 Avg (August) 45.6019

2022 Avg (August) 46.7217

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	45.2311	44.0403	44.6672
February	45.0251	43.9984	44.6693
March	45.2186	43.8931	44.6007
April	45.1065	43.9385	44.3195
May	45.3889	44.4942	44.8442
June	45.6854	44.8923	45.2622
July	46.5473	45.0365	45.7541
August	46.5574	44.5291	45.6019
September	45.4947	44.6505	45.0476
October	45.8705	44.9971	45.3865
November	45.8084	44.4101	44.9123
December	45.2756	44.1554	44.9295