2023 MAD to KZT Historical Review

YEARLY HIGH

46.8613 KZT

YEARLY LOW

41.4945 KZT

YEARLY AVERAGE

45.0907 KZT

2023 MAD to KZT Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MAD to KZT exchange rate experienced significant fluctuation. The market reached its absolute peak on October 6, valuing the pair at 46.8613. Conversely, the yearly low was recorded on March 5, dropping to 41.4945.

This high-to-low spread represents a total annual volatility of 5.3669 KZT. From a start-to-finish perspective, comparing the January average rate of 45.2097 to the December average rate of 45.7321, the exchange rate registered a net change of 1.16% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 46.8613 was down 13.30% compared to the 2022 peak of 54.0513, 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 234,307 KZT

2022 Average 227,585 KZT

Yearly Trough Low 207,472 KZT

Transaction Impact: A difference of 26,834.35 KZT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

46.6454

43.4295

JanuMarcMayJulySeptNove

MAD to KZT 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 44.3527, compared to 45.8287 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.4760 points.

H1 Avg (Jan–Jun) 44.3527

H2 Avg (Jul–Dec) 45.8287

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 3.9426 KZT (High: 45.4371 / Low: 41.4945). On the other end, November was the most stable month, with a tight range of 0.8140 KZT (High: 45.9624 / Low: 45.1484).

March Spread (Volatile) ±3.9426

November Spread (Stable) ±0.8140

Growth Streaks & Declines

Trends

Between May and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 1.3748 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -1.3748

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 46.3774) against the same month in 2022 (average: 43.1150), the exchange rate shifted by +3.2624 (+7.57%).

2023 Avg (October) 46.3774

2022 Avg (October) 43.1150

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	45.8272	44.0071	45.2097
February	45.2648	42.8044	43.8348
March	45.4371	41.4945	43.6975
April	45.6214	43.7517	44.5848
May	44.9495	43.3514	44.1421
June	45.7347	43.6568	44.6473
July	46.2274	45.1472	45.7090
August	46.6078	44.9470	45.7692
September	46.7235	44.7678	45.7969
October	46.8613	45.5997	46.3774
November	45.9624	45.1484	45.5873
December	46.4033	45.0021	45.7321