2023 MAD to SBD Historical Review

YEARLY HIGH

0.8711 SBD

YEARLY LOW

0.7859 SBD

YEARLY AVERAGE

0.8246 SBD

2023 MAD to SBD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MAD to SBD exchange rate experienced significant fluctuation. The market reached its absolute peak on July 16, valuing the pair at 0.8711. Conversely, the yearly low was recorded on January 3, dropping to 0.7859.

This high-to-low spread represents a total annual volatility of 0.0852 SBD. From a start-to-finish perspective, comparing the January average rate of 0.8078 to the December average rate of 0.8423, the exchange rate registered a net change of 4.28% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.8711 was down 0.67% compared to the 2022 peak of 0.8770, 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 4,355 SBD

2022 Average 4,015 SBD

Yearly Trough Low 3,929 SBD

Transaction Impact: A difference of 425.97 SBD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.8653

0.7906

JanuMarcMayJulySeptNove

MAD to SBD 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 0.8127, compared to 0.8365 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0238 points.

H1 Avg (Jan–Jun) 0.8127

H2 Avg (Jul–Dec) 0.8365

Volatility Range Comparison

Volatility

The most volatile month in 2023 was August, with a trading range of 0.0435 SBD (High: 0.8662 / Low: 0.8227). On the other end, October was the most stable month, with a tight range of 0.0173 SBD (High: 0.8301 / Low: 0.8127).

August Spread (Volatile) ±0.0435

October Spread (Stable) ±0.0173

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 0.0244 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0244

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 0.8591) against the same month in 2022 (average: 0.7971), the exchange rate shifted by +0.0620 (+7.78%).

2023 Avg (July) 0.8591

2022 Avg (July) 0.7971

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.8253	0.7859	0.8078
February	0.8104	0.7913	0.7993
March	0.8079	0.7869	0.7968
April	0.8416	0.8052	0.8187
May	0.8360	0.8131	0.8239
June	0.8419	0.8169	0.8296
July	0.8711	0.8417	0.8591
August	0.8662	0.8227	0.8454
September	0.8314	0.8107	0.8210
October	0.8301	0.8127	0.8209
November	0.8442	0.8174	0.8304
December	0.8574	0.8309	0.8423