2023 XDR to MAD Historical Review

YEARLY HIGH

14.0452 MAD

YEARLY LOW

12.9281 MAD

YEARLY AVERAGE

13.5119 MAD

2023 XDR to MAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the XDR to MAD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 14.0452. Conversely, the yearly low was recorded on July 14, dropping to 12.9281.

This high-to-low spread represents a total annual volatility of 1.1170 MAD. From a start-to-finish perspective, comparing the January average rate of 13.7467 to the December average rate of 13.3910, the exchange rate registered a net change of -2.59% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 14.0452 was down 9.36% compared to the 2022 peak of 15.4950, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 70,226 MAD

2022 Average 69,623 MAD

Yearly Trough Low 64,641 MAD

Transaction Impact: A difference of 5,585.23 MAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

13.8672

13.0147

JanuMarcMayJulySeptNove

XDR 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 13.6661, compared to 13.3576 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.3085 points.

H1 Avg (Jan–Jun) 13.6661

H2 Avg (Jul–Dec) 13.3576

Volatility Range Comparison

Volatility

The most volatile month in 2023 was August, with a trading range of 0.5305 MAD (High: 13.4964 / Low: 12.9659). On the other end, November was the most stable month, with a tight range of 0.1379 MAD (High: 13.5016 / Low: 13.3637).

August Spread (Volatile) ±0.5305

November Spread (Stable) ±0.1379

Growth Streaks & Declines

Trends

Between July and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.3263 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.3263

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 13.7467) against the same month in 2022 (average: 13.0343), the exchange rate shifted by +0.7124 (+5.47%).

2023 Avg (January) 13.7467

2022 Avg (January) 13.0343

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	14.0452	13.5567	13.7467
February	13.8889	13.7060	13.7962
March	13.9095	13.6461	13.7808
April	13.7605	13.3813	13.6715
May	13.7272	13.4711	13.5897
June	13.6166	13.1953	13.4120
July	13.2314	12.9281	13.0858
August	13.4964	12.9659	13.2175
September	13.6083	13.4183	13.5268
October	13.6199	13.3902	13.4909
November	13.5016	13.3637	13.4337
December	13.5579	13.2024	13.3910