2023 MAD to SVC Historical Review

YEARLY HIGH

0.9085 SVC

YEARLY LOW

0.8320 SVC

YEARLY AVERAGE

0.8642 SVC

2023 MAD to SVC Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MAD to SVC exchange rate experienced significant fluctuation. The market reached its absolute peak on July 14, valuing the pair at 0.9085. Conversely, the yearly low was recorded on January 3, dropping to 0.8320.

This high-to-low spread represents a total annual volatility of 0.0766 SVC. From a start-to-finish perspective, comparing the January average rate of 0.8552 to the December average rate of 0.8724, 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 0.9085 was down 4.44% compared to the 2022 peak of 0.9508, 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 4,543 SVC

2022 Average 4,318 SVC

Yearly Trough Low 4,160 SVC

Transaction Impact: A difference of 382.79 SVC purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.9027

0.8408

JanuMarcMayJulySeptNove

MAD to SVC 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 0.8583, compared to 0.8700 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0117 points.

H1 Avg (Jan–Jun) 0.8583

H2 Avg (Jul–Dec) 0.8700

Volatility Range Comparison

Volatility

The most volatile month in 2023 was August, with a trading range of 0.0457 SVC (High: 0.9059 / Low: 0.8601). On the other end, October was the most stable month, with a tight range of 0.0136 SVC (High: 0.8574 / Low: 0.8438).

August Spread (Volatile) ±0.0457

October Spread (Stable) ±0.0136

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 0.0289 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0289

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 0.8975) against the same month in 2022 (average: 0.8550), the exchange rate shifted by +0.0425 (+4.97%).

2023 Avg (July) 0.8975

2022 Avg (July) 0.8550

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.8677	0.8320	0.8552
February	0.8628	0.8392	0.8496
March	0.8573	0.8367	0.8460
April	0.8834	0.8540	0.8630
May	0.8766	0.8541	0.8654
June	0.8842	0.8574	0.8707
July	0.9085	0.8842	0.8975
August	0.9059	0.8601	0.8839
September	0.8617	0.8477	0.8550
October	0.8574	0.8438	0.8511
November	0.8713	0.8492	0.8602
December	0.8894	0.8591	0.8724