YEARLY HIGH
11.2596 XPF
YEARLY LOW
10.6025 XPF
YEARLY AVERAGE
10.8942 XPF

2023 MAD to XPF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MAD to XPF exchange rate experienced significant fluctuation. The market reached its absolute peak on July 5, valuing the pair at 11.2596. Conversely, the yearly low was recorded on April 14, dropping to 10.6025.

This high-to-low spread represents a total annual volatility of 0.6571 XPF. From a start-to-finish perspective, comparing the January average rate of 10.8115 to the December average rate of 10.8808, the exchange rate registered a net change of 0.64% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 11.2596 was down 3.36% compared to the 2022 peak of 11.6509, 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 56,298 XPF
2022 Average 55,879 XPF
Yearly Trough Low 53,012 XPF
Transaction Impact: A difference of 3,285.67 XPF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

11.1187
10.6854
JanuMarcMayJulySeptNove

MAD to XPF 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 10.8244, compared to 10.9640 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1396 points.

H1 Avg (Jan–Jun) 10.8244
H2 Avg (Jul–Dec) 10.9640

Volatility Range Comparison

Volatility

The most volatile month in 2023 was August, with a trading range of 0.4296 XPF (High: 11.2306 / Low: 10.8009). On the other end, November was the most stable month, with a tight range of 0.2140 XPF (High: 10.9682 / Low: 10.7542).

August Spread (Volatile) ±0.4296
November Spread (Stable) ±0.2140

Growth Streaks & Declines

Trends

Between April and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.1393 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.1393

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 11.0826) against the same month in 2022 (average: 11.4400), the exchange rate shifted by -0.3574 (-3.12%).

2023 Avg (July) 11.0826
2022 Avg (July) 11.4400

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 10.9589 10.6708 10.8115
February 10.9037 10.6506 10.8250
March 10.9414 10.6473 10.7838
April 10.9088 10.6025 10.7215
May 10.9999 10.6530 10.8532
June 11.0515 10.8233 10.9516
July 11.2596 10.9153 11.0826
August 11.2306 10.8009 11.0488
September 11.0508 10.8211 10.9221
October 11.1195 10.8311 10.9945
November 10.9682 10.7542 10.8553
December 10.9677 10.7266 10.8808