YEARLY HIGH
0.1524 MAD
YEARLY LOW
0.0977 MAD
YEARLY AVERAGE
0.1200 MAD

2023 RUB to MAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the RUB to MAD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 15, valuing the pair at 0.1524. Conversely, the yearly low was recorded on August 11, dropping to 0.0977.

This high-to-low spread represents a total annual volatility of 0.0547 MAD. From a start-to-finish perspective, comparing the January average rate of 0.1463 to the December average rate of 0.1103, the exchange rate registered a net change of -24.62% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.1524 was down 20.81% compared to the 2022 peak of 0.1925, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 762 MAD
2022 Average 758 MAD
Yearly Trough Low 489 MAD
Transaction Impact: A difference of 273.62 MAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1506
0.0991
JanuMarcMayJulySeptNove

RUB 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 0.1325, compared to 0.1075 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0250 points.

H1 Avg (Jan–Jun) 0.1325
H2 Avg (Jul–Dec) 0.1075

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 0.0148 MAD (High: 0.1262 / Low: 0.1114). On the other end, September was the most stable month, with a tight range of 0.0041 MAD (High: 0.1073 / Low: 0.1032).

June Spread (Volatile) ±0.0148
September Spread (Stable) ±0.0041

Growth Streaks & Declines

Trends

Between August and November, 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 June and July, when the average rate fell by 0.0131 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0131

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.1463) against the same month in 2022 (average: 0.1214), the exchange rate shifted by +0.0249 (+20.54%).

2023 Avg (January) 0.1463
2022 Avg (January) 0.1214

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1524 0.1417 0.1463
February 0.1455 0.1369 0.1402
March 0.1385 0.1319 0.1353
April 0.1319 0.1231 0.1251
May 0.1320 0.1244 0.1277
June 0.1262 0.1114 0.1206
July 0.1115 0.1051 0.1075
August 0.1067 0.0977 0.1034
September 0.1073 0.1032 0.1058
October 0.1107 0.1009 0.1059
November 0.1148 0.1099 0.1122
December 0.1132 0.1073 0.1103