2023 MAD to MMK Historical Review

YEARLY HIGH

218.0390 MMK

YEARLY LOW

199.6974 MMK

YEARLY AVERAGE

207.4023 MMK

2023 MAD to MMK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MAD to MMK exchange rate experienced significant fluctuation. The market reached its absolute peak on July 15, valuing the pair at 218.0390. Conversely, the yearly low was recorded on January 3, dropping to 199.6974.

This high-to-low spread represents a total annual volatility of 18.3416 MMK. From a start-to-finish perspective, comparing the January average rate of 205.2545 to the December average rate of 209.3774, the exchange rate registered a net change of 2.01% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 218.0390 was up 7.07% compared to the 2022 peak of 203.6455, 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 1,090,195 MMK

2022 Average 948,664 MMK

Yearly Trough Low 998,487 MMK

Transaction Impact: A difference of 91,708.11 MMK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

216.6416

201.8050

JanuMarcMayJulySeptNove

MAD to MMK 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 205.9956, compared to 208.8090 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2.8133 points.

H1 Avg (Jan–Jun) 205.9956

H2 Avg (Jul–Dec) 208.8090

Volatility Range Comparison

Volatility

The most volatile month in 2023 was August, with a trading range of 10.9688 MMK (High: 217.4116 / Low: 206.4428). On the other end, October was the most stable month, with a tight range of 3.2689 MMK (High: 205.7797 / Low: 202.5108).

August Spread (Volatile) ±10.9688

October Spread (Stable) ±3.2689

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 6.9302 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -6.9302

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 215.4052) against the same month in 2022 (average: 180.9358), the exchange rate shifted by +34.4694 (+19.05%).

2023 Avg (July) 215.4052

2022 Avg (July) 180.9358

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	208.2351	199.6974	205.2545
February	207.0861	201.4088	203.9003
March	205.7606	200.7997	203.0413
April	212.0216	205.2485	207.1183
May	210.4045	204.9964	207.6985
June	212.1983	205.7697	208.9607
July	218.0390	212.1983	215.4052
August	217.4116	206.4428	212.1329
September	206.8071	203.4638	205.2027
October	205.7797	202.5108	204.2787
November	209.1151	203.7957	206.4569
December	213.4660	206.1722	209.3774