2023 MAD to WST Historical Review

YEARLY HIGH

0.2844 WST

YEARLY LOW

0.2565 WST

YEARLY AVERAGE

0.2699 WST

2023 MAD to WST Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MAD to WST exchange rate experienced significant fluctuation. The market reached its absolute peak on December 27, valuing the pair at 0.2844. Conversely, the yearly low was recorded on January 3, dropping to 0.2565.

This high-to-low spread represents a total annual volatility of 0.0279 WST. From a start-to-finish perspective, comparing the January average rate of 0.2637 to the December average rate of 0.2789, the exchange rate registered a net change of 5.77% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.2844 was up 0.25% compared to the 2022 peak of 0.2837, 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 1,422 WST

2022 Average 1,319 WST

Yearly Trough Low 1,283 WST

Transaction Impact: A difference of 139.65 WST purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.2817

0.2594

JanuMarcMayJulySeptNove

MAD to WST 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 0.2661, compared to 0.2737 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0076 points.

H1 Avg (Jan–Jun) 0.2661

H2 Avg (Jul–Dec) 0.2737

Volatility Range Comparison

Volatility

The most volatile month in 2023 was August, with a trading range of 0.0142 WST (High: 0.2814 / Low: 0.2672). On the other end, September was the most stable month, with a tight range of 0.0044 WST (High: 0.2677 / Low: 0.2633).

August Spread (Volatile) ±0.0142

September Spread (Stable) ±0.0044

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 0.0089 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0089

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 0.2789) against the same month in 2022 (average: 0.2568), the exchange rate shifted by +0.0221 (+8.60%).

2023 Avg (December) 0.2789

2022 Avg (December) 0.2568

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2683	0.2565	0.2637
February	0.2660	0.2589	0.2619
March	0.2666	0.2578	0.2613
April	0.2752	0.2665	0.2691
May	0.2734	0.2661	0.2697
June	0.2754	0.2672	0.2712
July	0.2837	0.2754	0.2798
August	0.2814	0.2672	0.2746
September	0.2677	0.2633	0.2657
October	0.2725	0.2622	0.2677
November	0.2789	0.2719	0.2756
December	0.2844	0.2749	0.2789