2017 CVE to MAD Historical Review

YEARLY HIGH

0.1017 MAD

YEARLY LOW

0.0958 MAD

YEARLY AVERAGE

0.0990 MAD

2017 CVE to MAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the CVE to MAD exchange rate experienced significant fluctuation. The market reached its absolute peak on September 20, valuing the pair at 0.1017. Conversely, the yearly low was recorded on January 5, dropping to 0.0958.

This high-to-low spread represents a total annual volatility of 0.0059 MAD. From a start-to-finish perspective, comparing the January average rate of 0.0968 to the December average rate of 0.1008, the exchange rate registered a net change of 4.14% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.1017 was up 1.36% compared to the 2016 peak of 0.1003, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 508 MAD

2016 Average 492 MAD

Yearly Trough Low 479 MAD

Transaction Impact: A difference of 29.43 MAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.1013

0.0964

JanuMarcMayJulySeptNove

CVE 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 0.0975, compared to 0.1005 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0031 points.

H1 Avg (Jan–Jun) 0.0975

H2 Avg (Jul–Dec) 0.1005

Volatility Range Comparison

Volatility

The most volatile month in 2017 was January, with a trading range of 0.0021 MAD (High: 0.0978 / Low: 0.0958). On the other end, February was the most stable month, with a tight range of 0.0009 MAD (High: 0.0974 / Low: 0.0965).

January Spread (Volatile) ±0.0021

February Spread (Stable) ±0.0009

Growth Streaks & Declines

Trends

Between February and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0004 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -0.0004

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2017: 0.1009) against the same month in 2016 (average: 0.0988), the exchange rate shifted by +0.0020 (+2.06%).

2017 Avg (September) 0.1009

2016 Avg (September) 0.0988

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0978	0.0958	0.0968
February	0.0974	0.0965	0.0968
March	0.0977	0.0960	0.0970
April	0.0979	0.0966	0.0971
May	0.0991	0.0975	0.0982
June	0.1001	0.0985	0.0989
July	0.1010	0.0991	0.0999
August	0.1015	0.1006	0.1009
September	0.1017	0.1004	0.1009
October	0.1013	0.0997	0.1005
November	0.1013	0.0995	0.1002
December	0.1014	0.1003	0.1008