2017 FKP to MAD Historical Review

YEARLY HIGH

12.8644 MAD

YEARLY LOW

12.0514 MAD

YEARLY AVERAGE

12.4992 MAD

2017 FKP to MAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the FKP to MAD exchange rate experienced significant fluctuation. The market reached its absolute peak on April 18, valuing the pair at 12.8644. Conversely, the yearly low was recorded on August 23, dropping to 12.0514.

This high-to-low spread represents a total annual volatility of 0.8130 MAD. From a start-to-finish perspective, comparing the January average rate of 12.4245 to the December average rate of 12.6306, the exchange rate registered a net change of 1.66% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 12.8644 was down 12.11% compared to the 2016 peak of 14.6375, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 64,322 MAD

2016 Average 66,392 MAD

Yearly Trough Low 60,257 MAD

Transaction Impact: A difference of 4,064.87 MAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

12.7510

12.1837

JanuMarcMayJulySeptNove

FKP 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 12.5365, compared to 12.4618 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0747 points.

H1 Avg (Jan–Jun) 12.5365

H2 Avg (Jul–Dec) 12.4618

Volatility Range Comparison

Volatility

The most volatile month in 2017 was September, with a trading range of 0.5922 MAD (High: 12.7006 / Low: 12.1084). On the other end, July was the most stable month, with a tight range of 0.2125 MAD (High: 12.5770 / Low: 12.3645).

September Spread (Volatile) ±0.5922

July Spread (Stable) ±0.2125

Growth Streaks & Declines

Trends

Between March and May, 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 July and August, when the average rate fell by 0.2339 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.2339

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2017: 12.6757) against the same month in 2016 (average: 13.8119), the exchange rate shifted by -1.1361 (-8.23%).

2017 Avg (April) 12.6757

2016 Avg (April) 13.8119

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	12.6513	12.0636	12.4245
February	12.6814	12.4311	12.5555
March	12.6299	12.1875	12.3845
April	12.8644	12.4905	12.6757
May	12.8566	12.5196	12.7037
June	12.6118	12.3698	12.4751
July	12.5770	12.3645	12.4648
August	12.4729	12.0514	12.2310
September	12.7006	12.1084	12.4742
October	12.6819	12.3462	12.4713
November	12.7151	12.3917	12.4988
December	12.7582	12.5195	12.6306