YEARLY HIGH
1.3141 MAD
YEARLY LOW
1.1910 MAD
YEARLY AVERAGE
1.2458 MAD

2017 HKD to MAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the HKD to MAD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 1.3141. Conversely, the yearly low was recorded on September 7, dropping to 1.1910.

This high-to-low spread represents a total annual volatility of 0.1231 MAD. From a start-to-finish perspective, comparing the January average rate of 1.2973 to the December average rate of 1.2060, the exchange rate registered a net change of -7.03% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 1.3141 was down 0.05% compared to the 2016 peak of 1.3147, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 25,000 HKD based on timing:

Yearly Peak High 32,852 MAD
2016 Average 31,574 MAD
Yearly Trough Low 29,775 MAD
Transaction Impact: A difference of 3,077.11 MAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

1.3071
1.1888
JanuMarcMayJulySeptNove

HKD 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 1.2815, compared to 1.2100 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0714 points.

H1 Avg (Jan–Jun) 1.2815
H2 Avg (Jul–Dec) 1.2100

Volatility Range Comparison

Volatility

The most volatile month in 2017 was July, with a trading range of 0.0316 MAD (High: 1.2402 / Low: 1.2085). On the other end, October was the most stable month, with a tight range of 0.0173 MAD (High: 1.2202 / Low: 1.2029).

July Spread (Volatile) ±0.0316
October Spread (Stable) ±0.0173

Growth Streaks & Declines

Trends

Between September and November, 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 April and May, when the average rate fell by 0.0274 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0274

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2017: 1.2973) against the same month in 2016 (average: 1.2733), the exchange rate shifted by +0.0240 (+1.88%).

2017 Avg (January) 1.2973
2016 Avg (January) 1.2733

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.3141 1.2861 1.2973
February 1.3043 1.2836 1.2967
March 1.3066 1.2799 1.2922
April 1.2996 1.2731 1.2900
May 1.2764 1.2493 1.2626
June 1.2558 1.2342 1.2501
July 1.2402 1.2085 1.2270
August 1.2144 1.1930 1.2070
September 1.2135 1.1910 1.1986
October 1.2202 1.2029 1.2105
November 1.2217 1.1962 1.2111
December 1.2142 1.1958 1.2060