2023 SDG to MAD Historical Review

YEARLY HIGH

0.0186 MAD

YEARLY LOW

0.0160 MAD

YEARLY AVERAGE

0.0170 MAD

2023 SDG to MAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SDG to MAD exchange rate experienced significant fluctuation. The market reached its absolute peak on November 20, valuing the pair at 0.0186. Conversely, the yearly low was recorded on July 16, dropping to 0.0160.

This high-to-low spread represents a total annual volatility of 0.0026 MAD. From a start-to-finish perspective, comparing the January average rate of 0.0177 to the December average rate of 0.0167, the exchange rate registered a net change of -5.82% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0186 was down 19.30% compared to the 2022 peak of 0.0230, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 93 MAD

2022 Average 103 MAD

Yearly Trough Low 80 MAD

Transaction Impact: A difference of 12.98 MAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0179

0.0160

JanuMarcMayJulySeptNove

SDG 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 0.0172, compared to 0.0167 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0005 points.

H1 Avg (Jan–Jun) 0.0172

H2 Avg (Jul–Dec) 0.0167

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.0018 MAD (High: 0.0186 / Low: 0.0167). On the other end, September was the most stable month, with a tight range of 0.0003 MAD (High: 0.0172 / Low: 0.0169).

November Spread (Volatile) ±0.0018

September Spread (Stable) ±0.0003

Growth Streaks & Declines

Trends

Between July and October, 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 March and April, when the average rate fell by 0.0006 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0006

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2023: 0.0170) against the same month in 2022 (average: 0.0189), the exchange rate shifted by -0.0020 (-10.37%).

2023 Avg (November) 0.0170

2022 Avg (November) 0.0189

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0184	0.0173	0.0177
February	0.0177	0.0174	0.0176
March	0.0181	0.0172	0.0175
April	0.0177	0.0165	0.0169
May	0.0171	0.0166	0.0168
June	0.0170	0.0165	0.0167
July	0.0165	0.0160	0.0162
August	0.0169	0.0161	0.0165
September	0.0172	0.0169	0.0170
October	0.0172	0.0169	0.0171
November	0.0186	0.0167	0.0170
December	0.0169	0.0164	0.0167