YEARLY HIGH
2088.1321 LAK
YEARLY LOW
1617.3898 LAK
YEARLY AVERAGE
1846.9879 LAK

2023 MAD to LAK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MAD to LAK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 27, valuing the pair at 2088.1321. Conversely, the yearly low was recorded on February 26, dropping to 1617.3898.

This high-to-low spread represents a total annual volatility of 470.7423 LAK. From a start-to-finish perspective, comparing the January average rate of 1660.3738 to the December average rate of 2057.1408, the exchange rate registered a net change of 23.90% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 2088.1321 was up 21.16% compared to the 2022 peak of 1723.3923, 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 10,440,660 LAK
2022 Average 6,994,147 LAK
Yearly Trough Low 8,086,949 LAK
Transaction Impact: A difference of 2,353,711.42 LAK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

2099.4513
1591.7260
JanuMarcMayJulySeptNove

MAD to LAK 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 1698.5974, compared to 1995.3785 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 296.7811 points.

H1 Avg (Jan–Jun) 1698.5974
H2 Avg (Jul–Dec) 1995.3785

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 168.4648 LAK (High: 1911.4478 / Low: 1742.9830). On the other end, May was the most stable month, with a tight range of 30.2307 LAK (High: 1752.2843 / Low: 1722.0536).

June Spread (Volatile) ±168.4648
May Spread (Stable) ±30.2307

Growth Streaks & Declines

Trends

Between March and August, 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 22.1221 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -22.1221

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 2057.1408) against the same month in 2022 (average: 1647.4869), the exchange rate shifted by +409.6539 (+24.87%).

2023 Avg (December) 2057.1408
2022 Avg (December) 1647.4869

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1689.0585 1644.9455 1660.3738
February 1659.9910 1617.3898 1638.2517
March 1663.2433 1617.7047 1634.0365
April 1723.7437 1662.7963 1692.6906
May 1752.2843 1722.0536 1736.6651
June 1911.4478 1742.9830 1829.5667
July 1993.6799 1895.0187 1962.1954
August 2002.8921 1930.4461 1963.9277
September 1988.6584 1925.8420 1947.3412
October 2024.1687 1974.0682 2005.1051
November 2061.0951 2012.4150 2036.5606
December 2088.1321 2033.7674 2057.1408