YEARLY HIGH
0.0185 MAD
YEARLY LOW
0.0169 MAD
YEARLY AVERAGE
0.0178 MAD

2023 SOS to MAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SOS to MAD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 0.0185. Conversely, the yearly low was recorded on July 14, dropping to 0.0169.

This high-to-low spread represents a total annual volatility of 0.0016 MAD. From a start-to-finish perspective, comparing the January average rate of 0.0180 to the December average rate of 0.0176, the exchange rate registered a net change of -2.39% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0185 was down 5.24% compared to the 2022 peak of 0.0195, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 92 MAD
2022 Average 88 MAD
Yearly Trough Low 85 MAD
Transaction Impact: A difference of 7.93 MAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0183
0.0170
JanuMarcMayJulySeptNove

SOS 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 0.0179, compared to 0.0176 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0003 points.

H1 Avg (Jan–Jun) 0.0179
H2 Avg (Jul–Dec) 0.0176

Volatility Range Comparison

Volatility

The most volatile month in 2023 was August, with a trading range of 0.0008 MAD (High: 0.0179 / Low: 0.0170). On the other end, September was the most stable month, with a tight range of 0.0003 MAD (High: 0.0181 / Low: 0.0178).

August Spread (Volatile) ±0.0008
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 June and July, when the average rate fell by 0.0005 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0005

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.0180) against the same month in 2022 (average: 0.0160), the exchange rate shifted by +0.0020 (+12.66%).

2023 Avg (January) 0.0180
2022 Avg (January) 0.0160

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0185 0.0177 0.0180
February 0.0183 0.0178 0.0181
March 0.0184 0.0179 0.0182
April 0.0180 0.0174 0.0178
May 0.0180 0.0175 0.0178
June 0.0180 0.0174 0.0177
July 0.0174 0.0169 0.0171
August 0.0179 0.0170 0.0174
September 0.0181 0.0178 0.0179
October 0.0182 0.0179 0.0180
November 0.0180 0.0176 0.0178
December 0.0178 0.0172 0.0176