2017 BWP to MAD Historical Review

YEARLY HIGH

0.9855 MAD

YEARLY LOW

0.8857 MAD

YEARLY AVERAGE

0.9383 MAD

2017 BWP to MAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the BWP to MAD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 27, valuing the pair at 0.9855. Conversely, the yearly low was recorded on November 15, dropping to 0.8857.

This high-to-low spread represents a total annual volatility of 0.0998 MAD. From a start-to-finish perspective, comparing the January average rate of 0.9504 to the December average rate of 0.9280, the exchange rate registered a net change of -2.36% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.9855 was up 3.67% compared to the 2016 peak of 0.9506, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 4,927 MAD

2016 Average 4,504 MAD

Yearly Trough Low 4,428 MAD

Transaction Impact: A difference of 499.12 MAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.9781

0.8917

JanuMarcMayJulySeptNove

BWP 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 0.9567, compared to 0.9199 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0369 points.

H1 Avg (Jan–Jun) 0.9567

H2 Avg (Jul–Dec) 0.9199

Volatility Range Comparison

Volatility

The most volatile month in 2017 was December, with a trading range of 0.0464 MAD (High: 0.9529 / Low: 0.9065). On the other end, January was the most stable month, with a tight range of 0.0124 MAD (High: 0.9571 / Low: 0.9447).

December Spread (Volatile) ±0.0464

January Spread (Stable) ±0.0124

Growth Streaks & Declines

Trends

Between January and March, 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 0.0188 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0188

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2017: 0.9709) against the same month in 2016 (average: 0.8755), the exchange rate shifted by +0.0955 (+10.90%).

2017 Avg (March) 0.9709

2016 Avg (March) 0.8755

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.9571	0.9447	0.9504
February	0.9759	0.9501	0.9627
March	0.9855	0.9567	0.9709
April	0.9660	0.9433	0.9535
May	0.9553	0.9387	0.9480
June	0.9618	0.9427	0.9549
July	0.9466	0.9271	0.9361
August	0.9332	0.9193	0.9245
September	0.9286	0.9103	0.9215
October	0.9203	0.8993	0.9101
November	0.9124	0.8857	0.8989
December	0.9529	0.9065	0.9280