2023 MAD to SOS Historical Review

YEARLY HIGH

59.1294 SOS

YEARLY LOW

54.0572 SOS

YEARLY AVERAGE

56.2532 SOS

2023 MAD to SOS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MAD to SOS exchange rate experienced significant fluctuation. The market reached its absolute peak on July 14, valuing the pair at 59.1294. Conversely, the yearly low was recorded on January 3, dropping to 54.0572.

This high-to-low spread represents a total annual volatility of 5.0722 SOS. From a start-to-finish perspective, comparing the January average rate of 55.5839 to the December average rate of 56.9452, the exchange rate registered a net change of 2.45% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 59.1294 was down 6.71% compared to the 2022 peak of 63.3803, 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 295,647 SOS

2022 Average 284,097 SOS

Yearly Trough Low 270,286 SOS

Transaction Impact: A difference of 25,361.10 SOS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

58.7494

54.6572

JanuMarcMayJulySeptNove

MAD to SOS 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 55.7890, compared to 56.7175 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.9284 points.

H1 Avg (Jan–Jun) 55.7890

H2 Avg (Jul–Dec) 56.7175

Volatility Range Comparison

Volatility

The most volatile month in 2023 was August, with a trading range of 2.7383 SOS (High: 58.7219 / Low: 55.9836). On the other end, September was the most stable month, with a tight range of 0.8776 SOS (High: 56.1644 / Low: 55.2868).

August Spread (Volatile) ±2.7383

September Spread (Stable) ±0.8776

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 1.7781 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -1.7781

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 58.4083) against the same month in 2022 (average: 56.2999), the exchange rate shifted by +2.1084 (+3.74%).

2023 Avg (July) 58.4083

2022 Avg (July) 56.2999

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	56.3901	54.0572	55.5839
February	56.0592	54.5207	55.2076
March	55.7397	54.3514	54.9982
April	57.4023	55.6045	56.0861
May	57.0031	55.5407	56.2605
June	57.4416	55.7095	56.5978
July	59.1294	57.4416	58.4083
August	58.7219	55.9836	57.4994
September	56.1644	55.2868	55.7213
October	56.0023	55.0848	55.5731
November	56.9111	55.4307	56.1575
December	58.0310	56.0867	56.9452