2023 MDL to MAD Historical Review

YEARLY HIGH

0.5786 MAD

YEARLY LOW

0.5278 MAD

YEARLY AVERAGE

0.5595 MAD

2023 MDL to MAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MDL to MAD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 19, valuing the pair at 0.5786. Conversely, the yearly low was recorded on January 14, dropping to 0.5278.

This high-to-low spread represents a total annual volatility of 0.0507 MAD. From a start-to-finish perspective, comparing the January average rate of 0.5388 to the December average rate of 0.5703, the exchange rate registered a net change of 5.85% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.5786 was up 0.95% compared to the 2022 peak of 0.5731, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 MDL based on timing:

Yearly Peak High 2,893 MAD

2022 Average 2,691 MAD

Yearly Trough Low 2,639 MAD

Transaction Impact: A difference of 253.62 MAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.5735

0.5357

JanuMarcMayJulySeptNove

MDL to MAD 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 0.5558, compared to 0.5633 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0075 points.

H1 Avg (Jan–Jun) 0.5558

H2 Avg (Jul–Dec) 0.5633

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 0.0336 MAD (High: 0.5745 / Low: 0.5408). On the other end, November was the most stable month, with a tight range of 0.0083 MAD (High: 0.5739 / Low: 0.5656).

June Spread (Volatile) ±0.0336

November Spread (Stable) ±0.0083

Growth Streaks & Declines

Trends

Between January and May, 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 June and July, when the average rate fell by 0.0172 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0172

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 0.5703) against the same month in 2022 (average: 0.5442), the exchange rate shifted by +0.0261 (+4.80%).

2023 Avg (December) 0.5703

2022 Avg (December) 0.5442

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.5492	0.5278	0.5388
February	0.5540	0.5401	0.5488
March	0.5617	0.5497	0.5551
April	0.5679	0.5523	0.5616
May	0.5785	0.5593	0.5689
June	0.5745	0.5408	0.5615
July	0.5615	0.5320	0.5443
August	0.5716	0.5505	0.5600
September	0.5749	0.5618	0.5693
October	0.5700	0.5614	0.5666
November	0.5739	0.5656	0.5693
December	0.5786	0.5618	0.5703