2023 YER to MAD Historical Review

YEARLY HIGH

0.0420 MAD

YEARLY LOW

0.0384 MAD

YEARLY AVERAGE

0.0404 MAD

2023 YER to MAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the YER to MAD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 0.0420. Conversely, the yearly low was recorded on July 15, dropping to 0.0384.

This high-to-low spread represents a total annual volatility of 0.0036 MAD. From a start-to-finish perspective, comparing the January average rate of 0.0409 to the December average rate of 0.0401, the exchange rate registered a net change of -1.83% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0420 was down 5.33% compared to the 2022 peak of 0.0444, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 210 MAD

2022 Average 203 MAD

Yearly Trough Low 192 MAD

Transaction Impact: A difference of 18.20 MAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0415

0.0387

JanuMarcMayJulySeptNove

YER 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 0.0407, compared to 0.0402 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) 0.0407

H2 Avg (Jul–Dec) 0.0402

Volatility Range Comparison

Volatility

The most volatile month in 2023 was August, with a trading range of 0.0021 MAD (High: 0.0407 / Low: 0.0386). On the other end, September was the most stable month, with a tight range of 0.0007 MAD (High: 0.0412 / Low: 0.0406).

August Spread (Volatile) ±0.0021

September Spread (Stable) ±0.0007

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 0.0012 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0012

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.0409) against the same month in 2022 (average: 0.0371), the exchange rate shifted by +0.0038 (+10.11%).

2023 Avg (January) 0.0409

2022 Avg (January) 0.0371

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0420	0.0402	0.0409
February	0.0416	0.0405	0.0411
March	0.0418	0.0408	0.0413
April	0.0408	0.0396	0.0405
May	0.0409	0.0398	0.0404
June	0.0407	0.0395	0.0401
July	0.0395	0.0384	0.0389
August	0.0407	0.0386	0.0396
September	0.0412	0.0406	0.0409
October	0.0414	0.0407	0.0410
November	0.0411	0.0401	0.0406
December	0.0407	0.0393	0.0401