2023 MAD to USD Historical Review

YEARLY HIGH

0.1041 USD

YEARLY LOW

0.0951 USD

YEARLY AVERAGE

0.0988 USD

2023 MAD to USD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MAD to USD exchange rate experienced significant fluctuation. The market reached its absolute peak on July 15, valuing the pair at 0.1041. Conversely, the yearly low was recorded on January 3, dropping to 0.0951.

This high-to-low spread represents a total annual volatility of 0.0090 USD. From a start-to-finish perspective, comparing the January average rate of 0.0977 to the December average rate of 0.0996, the exchange rate registered a net change of 1.90% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.1041 was down 4.17% compared to the 2022 peak of 0.1086, 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 520 USD

2022 Average 493 USD

Yearly Trough Low 475 USD

Transaction Impact: A difference of 44.99 USD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1033

0.0962

JanuMarcMayJulySeptNove

MAD to USD 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 0.0981, compared to 0.0995 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0013 points.

H1 Avg (Jan–Jun) 0.0981

H2 Avg (Jul–Dec) 0.0995

Volatility Range Comparison

Volatility

The most volatile month in 2023 was August, with a trading range of 0.0052 USD (High: 0.1035 / Low: 0.0983). On the other end, September was the most stable month, with a tight range of 0.0016 USD (High: 0.0985 / Low: 0.0969).

August Spread (Volatile) ±0.0052

September Spread (Stable) ±0.0016

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 0.0033 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0033

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 0.1027) against the same month in 2022 (average: 0.0977), the exchange rate shifted by +0.0049 (+5.06%).

2023 Avg (July) 0.1027

2022 Avg (July) 0.0977

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0994	0.0951	0.0977
February	0.0986	0.0960	0.0971
March	0.0980	0.0956	0.0968
April	0.1010	0.0978	0.0987
May	0.1003	0.0976	0.0990
June	0.1010	0.0980	0.0995
July	0.1041	0.1010	0.1027
August	0.1035	0.0983	0.1010
September	0.0985	0.0969	0.0977
October	0.0982	0.0965	0.0973
November	0.0996	0.0971	0.0984
December	0.1016	0.0982	0.0996