2023 MAD to XCD Historical Review

YEARLY HIGH

0.2813 XCD

YEARLY LOW

0.2570 XCD

YEARLY AVERAGE

0.2670 XCD

2023 MAD to XCD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MAD to XCD exchange rate experienced significant fluctuation. The market reached its absolute peak on July 15, valuing the pair at 0.2813. Conversely, the yearly low was recorded on January 3, dropping to 0.2570.

This high-to-low spread represents a total annual volatility of 0.0243 XCD. From a start-to-finish perspective, comparing the January average rate of 0.2641 to the December average rate of 0.2692, 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 0.2813 was down 4.17% compared to the 2022 peak of 0.2935, 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 1,407 XCD

2022 Average 1,334 XCD

Yearly Trough Low 1,285 XCD

Transaction Impact: A difference of 121.60 XCD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.2791

0.2601

JanuMarcMayJulySeptNove

MAD to XCD 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 0.2652, compared to 0.2688 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0036 points.

H1 Avg (Jan–Jun) 0.2652

H2 Avg (Jul–Dec) 0.2688

Volatility Range Comparison

Volatility

The most volatile month in 2023 was August, with a trading range of 0.0141 XCD (High: 0.2797 / Low: 0.2656). On the other end, September was the most stable month, with a tight range of 0.0044 XCD (High: 0.2662 / Low: 0.2618).

August Spread (Volatile) ±0.0141

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 (July 2023: 0.2775) against the same month in 2022 (average: 0.2642), the exchange rate shifted by +0.0134 (+5.06%).

2023 Avg (July) 0.2775

2022 Avg (July) 0.2642

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2688	0.2570	0.2641
February	0.2665	0.2593	0.2624
March	0.2648	0.2583	0.2617
April	0.2729	0.2643	0.2668
May	0.2711	0.2639	0.2674
June	0.2731	0.2649	0.2690
July	0.2813	0.2731	0.2775
August	0.2797	0.2656	0.2730
September	0.2662	0.2618	0.2641
October	0.2653	0.2607	0.2631
November	0.2692	0.2624	0.2660
December	0.2745	0.2653	0.2692