2023 VUV to MAD Historical Review

YEARLY HIGH

0.0891 MAD

YEARLY LOW

0.0807 MAD

YEARLY AVERAGE

0.0853 MAD

2023 VUV to MAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the VUV to MAD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 0.0891. Conversely, the yearly low was recorded on July 16, dropping to 0.0807.

This high-to-low spread represents a total annual volatility of 0.0083 MAD. From a start-to-finish perspective, comparing the January average rate of 0.0867 to the December average rate of 0.0846, the exchange rate registered a net change of -2.43% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0891 was down 4.07% compared to the 2022 peak of 0.0929, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 445 MAD

2022 Average 434 MAD

Yearly Trough Low 404 MAD

Transaction Impact: A difference of 41.71 MAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0880

0.0813

JanuMarcMayJulySeptNove

VUV 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 0.0860, compared to 0.0847 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0013 points.

H1 Avg (Jan–Jun) 0.0860

H2 Avg (Jul–Dec) 0.0847

Volatility Range Comparison

Volatility

The most volatile month in 2023 was August, with a trading range of 0.0043 MAD (High: 0.0857 / Low: 0.0814). On the other end, September was the most stable month, with a tight range of 0.0014 MAD (High: 0.0870 / Low: 0.0855).

August Spread (Volatile) ±0.0043

September Spread (Stable) ±0.0014

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 0.0026 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0026

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.0867) against the same month in 2022 (average: 0.0820), the exchange rate shifted by +0.0046 (+5.67%).

2023 Avg (January) 0.0867

2022 Avg (January) 0.0820

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0891	0.0852	0.0867
February	0.0883	0.0859	0.0873
March	0.0886	0.0859	0.0875
April	0.0860	0.0832	0.0851
May	0.0861	0.0838	0.0849
June	0.0857	0.0832	0.0845
July	0.0832	0.0807	0.0819
August	0.0857	0.0814	0.0834
September	0.0870	0.0855	0.0862
October	0.0873	0.0858	0.0865
November	0.0867	0.0846	0.0856
December	0.0858	0.0829	0.0846