2017 HRK to MAD Historical Review

YEARLY HIGH

1.5157 MAD

YEARLY LOW

1.4036 MAD

YEARLY AVERAGE

1.4677 MAD

2017 HRK to MAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the HRK to MAD exchange rate experienced significant fluctuation. The market reached its absolute peak on August 25, valuing the pair at 1.5157. Conversely, the yearly low was recorded on January 3, dropping to 1.4036.

This high-to-low spread represents a total annual volatility of 0.1121 MAD. From a start-to-finish perspective, comparing the January average rate of 1.4206 to the December average rate of 1.4815, the exchange rate registered a net change of 4.29% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 1.5157 was up 3.39% compared to the 2016 peak of 1.4661, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 7,578 MAD

2016 Average 7,203 MAD

Yearly Trough Low 7,018 MAD

Transaction Impact: A difference of 560.55 MAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

1.5152

1.4120

JanuMarcMayJulySeptNove

HRK 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 1.4480, compared to 1.4874 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0394 points.

H1 Avg (Jan–Jun) 1.4480

H2 Avg (Jul–Dec) 1.4874

Volatility Range Comparison

Volatility

The most volatile month in 2017 was January, with a trading range of 0.0388 MAD (High: 1.4424 / Low: 1.4036). On the other end, October was the most stable month, with a tight range of 0.0144 MAD (High: 1.4854 / Low: 1.4710).

January Spread (Volatile) ±0.0388

October Spread (Stable) ±0.0144

Growth Streaks & Declines

Trends

Between April and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0170 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0170

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2017: 1.5066) against the same month in 2016 (average: 1.4573), the exchange rate shifted by +0.0493 (+3.38%).

2017 Avg (August) 1.5066

2016 Avg (August) 1.4573

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.4424	1.4036	1.4206
February	1.4496	1.4319	1.4388
March	1.4556	1.4361	1.4460
April	1.4504	1.4351	1.4419
May	1.4755	1.4484	1.4636
June	1.4955	1.4703	1.4773
July	1.5051	1.4807	1.4913
August	1.5157	1.4993	1.5066
September	1.5072	1.4805	1.4958
October	1.4854	1.4710	1.4788
November	1.4822	1.4642	1.4707
December	1.5104	1.4720	1.4815