YEARLY HIGH
0.7049 TTD
YEARLY LOW
0.6461 TTD
YEARLY AVERAGE
0.6704 TTD

2023 MAD to TTD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MAD to TTD exchange rate experienced significant fluctuation. The market reached its absolute peak on July 15, valuing the pair at 0.7049. Conversely, the yearly low was recorded on January 3, dropping to 0.6461.

This high-to-low spread represents a total annual volatility of 0.0589 TTD. From a start-to-finish perspective, comparing the January average rate of 0.6636 to the December average rate of 0.6771, the exchange rate registered a net change of 2.03% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.7049 was down 4.67% compared to the 2022 peak of 0.7395, 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 3,525 TTD
2022 Average 3,350 TTD
Yearly Trough Low 3,230 TTD
Transaction Impact: A difference of 294.28 TTD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.7002
0.6524
JanuMarcMayJulySeptNove

MAD to TTD 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 0.6659, compared to 0.6749 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0090 points.

H1 Avg (Jan–Jun) 0.6659
H2 Avg (Jul–Dec) 0.6749

Volatility Range Comparison

Volatility

The most volatile month in 2023 was August, with a trading range of 0.0337 TTD (High: 0.7019 / Low: 0.6682). On the other end, October was the most stable month, with a tight range of 0.0110 TTD (High: 0.6657 / Low: 0.6546).

August Spread (Volatile) ±0.0337
October Spread (Stable) ±0.0110

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 0.0226 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0226

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 0.6962) against the same month in 2022 (average: 0.6636), the exchange rate shifted by +0.0327 (+4.92%).

2023 Avg (July) 0.6962
2022 Avg (July) 0.6636

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.6734 0.6461 0.6636
February 0.6693 0.6510 0.6593
March 0.6651 0.6489 0.6564
April 0.6861 0.6615 0.6695
May 0.6816 0.6633 0.6714
June 0.6853 0.6646 0.6751
July 0.7049 0.6853 0.6962
August 0.7019 0.6682 0.6855
September 0.6685 0.6574 0.6628
October 0.6657 0.6546 0.6603
November 0.6755 0.6583 0.6675
December 0.6910 0.6668 0.6771