2017 IMP to MAD Historical Review

YEARLY HIGH

10.1925 MAD

YEARLY LOW

9.3045 MAD

YEARLY AVERAGE

9.7066 MAD

2017 IMP to MAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the IMP to MAD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 10.1925. Conversely, the yearly low was recorded on September 7, dropping to 9.3045.

This high-to-low spread represents a total annual volatility of 0.8880 MAD. From a start-to-finish perspective, comparing the January average rate of 10.0622 to the December average rate of 9.4221, the exchange rate registered a net change of -6.36% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 10.1925 was down 0.16% compared to the 2016 peak of 10.2093, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 50,963 MAD

2016 Average 49,017 MAD

Yearly Trough Low 46,523 MAD

Transaction Impact: A difference of 4,440.00 MAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

10.1318

9.2971

JanuMarcMayJulySeptNove

IMP 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 9.9612, compared to 9.4520 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.5092 points.

H1 Avg (Jan–Jun) 9.9612

H2 Avg (Jul–Dec) 9.4520

Volatility Range Comparison

Volatility

The most volatile month in 2017 was July, with a trading range of 0.2428 MAD (High: 9.6819 / Low: 9.4391). On the other end, October was the most stable month, with a tight range of 0.1317 MAD (High: 9.5211 / Low: 9.3895).

July Spread (Volatile) ±0.2428

October Spread (Stable) ±0.1317

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 0.1962 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.1962

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2017: 10.0622) against the same month in 2016 (average: 9.9058), the exchange rate shifted by +0.1564 (+1.58%).

2017 Avg (January) 10.0622

2016 Avg (January) 9.9058

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	10.1925	9.9779	10.0622
February	10.1229	9.9578	10.0622
March	10.1423	9.9415	10.0348
April	10.0966	9.9060	10.0281
May	9.9397	9.7339	9.8319
June	9.7940	9.6346	9.7481
July	9.6819	9.4391	9.5816
August	9.4961	9.3346	9.4401
September	9.4798	9.3045	9.3667
October	9.5211	9.3895	9.4481
November	9.5313	9.3404	9.4532
December	9.4806	9.3430	9.4221