2023 MAD to PYG Historical Review

YEARLY HIGH

754.4137 PYG

YEARLY LOW

686.8372 PYG

YEARLY AVERAGE

720.0572 PYG

2023 MAD to PYG Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MAD to PYG exchange rate experienced significant fluctuation. The market reached its absolute peak on August 5, valuing the pair at 754.4137. Conversely, the yearly low was recorded on March 8, dropping to 686.8372.

This high-to-low spread represents a total annual volatility of 67.5765 PYG. From a start-to-finish perspective, comparing the January average rate of 720.9804 to the December average rate of 732.8917, the exchange rate registered a net change of 1.65% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 754.4137 was down 0.32% compared to the 2022 peak of 756.8441, 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 3,772,069 PYG

2022 Average 3,442,992 PYG

Yearly Trough Low 3,434,186 PYG

Transaction Impact: A difference of 337,882.53 PYG purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

750.8259

691.0180

JanuMarcMayJulySeptNove

MAD to PYG 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 711.1249, compared to 728.9894 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 17.8645 points.

H1 Avg (Jan–Jun) 711.1249

H2 Avg (Jul–Dec) 728.9894

Volatility Range Comparison

Volatility

The most volatile month in 2023 was August, with a trading range of 39.0299 PYG (High: 754.4137 / Low: 715.3839). On the other end, September was the most stable month, with a tight range of 11.6292 PYG (High: 716.9080 / Low: 705.2788).

August Spread (Volatile) ±39.0299

September Spread (Stable) ±11.6292

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 23.5702 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -23.5702

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2023: 734.6161) against the same month in 2022 (average: 660.7460), the exchange rate shifted by +73.8702 (+11.18%).

2023 Avg (August) 734.6161

2022 Avg (August) 660.7460

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	733.2879	697.1480	720.9804
February	721.9631	700.6899	708.8643
March	703.2038	686.8372	696.0020
April	722.0103	698.6488	706.7793
May	722.2349	704.7960	712.5619
June	734.8460	709.5076	721.5617
July	753.2315	734.1978	745.8419
August	754.4137	715.3839	734.6161
September	716.9080	705.2788	711.0459
October	726.5736	703.4769	717.5428
November	740.5180	724.2737	731.9983
December	745.2176	720.4061	732.8917