2023 MAD to PLN Historical Review

YEARLY HIGH

0.4360 PLN

YEARLY LOW

0.3874 PLN

YEARLY AVERAGE

0.4147 PLN

2023 MAD to PLN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MAD to PLN exchange rate experienced significant fluctuation. The market reached its absolute peak on February 12, valuing the pair at 0.4360. Conversely, the yearly low was recorded on December 14, dropping to 0.3874.

This high-to-low spread represents a total annual volatility of 0.0486 PLN. From a start-to-finish perspective, comparing the January average rate of 0.4237 to the December average rate of 0.3950, the exchange rate registered a net change of -6.76% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.4360 was down 7.05% compared to the 2022 peak of 0.4691, 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 2,180 PLN

2022 Average 2,194 PLN

Yearly Trough Low 1,937 PLN

Transaction Impact: A difference of 242.80 PLN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.4339

0.3915

JanuMarcMayJulySeptNove

MAD to PLN 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 0.4198, compared to 0.4096 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0102 points.

H1 Avg (Jan–Jun) 0.4198

H2 Avg (Jul–Dec) 0.4096

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0254 PLN (High: 0.4310 / Low: 0.4056). On the other end, June was the most stable month, with a tight range of 0.0091 PLN (High: 0.4130 / Low: 0.4038).

January Spread (Volatile) ±0.0254

June Spread (Stable) ±0.0091

Growth Streaks & Declines

Trends

Between June and September, 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 October and November, when the average rate fell by 0.0152 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0152

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 0.4304) against the same month in 2022 (average: 0.4286), the exchange rate shifted by +0.0018 (+0.42%).

2023 Avg (February) 0.4304

2022 Avg (February) 0.4286

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.4310	0.4056	0.4237
February	0.4360	0.4198	0.4304
March	0.4317	0.4181	0.4243
April	0.4253	0.4110	0.4177
May	0.4184	0.4072	0.4135
June	0.4130	0.4038	0.4093
July	0.4213	0.4063	0.4127
August	0.4200	0.4045	0.4128
September	0.4292	0.4056	0.4212
October	0.4274	0.4048	0.4156
November	0.4099	0.3909	0.4005
December	0.3983	0.3874	0.3950