2017 MAD to AZN Historical Review

YEARLY HIGH

0.1953 AZN

YEARLY LOW

0.1651 AZN

YEARLY AVERAGE

0.1773 AZN

2017 MAD to AZN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the MAD to AZN exchange rate experienced significant fluctuation. The market reached its absolute peak on February 1, valuing the pair at 0.1953. Conversely, the yearly low was recorded on April 11, dropping to 0.1651.

This high-to-low spread represents a total annual volatility of 0.0302 AZN. From a start-to-finish perspective, comparing the January average rate of 0.1843 to the December average rate of 0.1801, the exchange rate registered a net change of -2.25% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.1953 was up 9.69% compared to the 2016 peak of 0.1781, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 977 AZN

2016 Average 818 AZN

Yearly Trough Low 826 AZN

Transaction Impact: A difference of 151.06 AZN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.1859

0.1665

JanuMarcMayJulySeptNove

MAD to AZN 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 0.1754, compared to 0.1793 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0040 points.

H1 Avg (Jan–Jun) 0.1754

H2 Avg (Jul–Dec) 0.1793

Volatility Range Comparison

Volatility

The most volatile month in 2017 was February, with a trading range of 0.0207 AZN (High: 0.1953 / Low: 0.1746). On the other end, October was the most stable month, with a tight range of 0.0027 AZN (High: 0.1807 / Low: 0.1780).

February Spread (Volatile) ±0.0207

October Spread (Stable) ±0.0027

Growth Streaks & Declines

Trends

Between April and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0085 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0085

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2017: 0.1815) against the same month in 2016 (average: 0.1617), the exchange rate shifted by +0.0198 (+12.24%).

2017 Avg (February) 0.1815

2016 Avg (February) 0.1617

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1952	0.1768	0.1843
February	0.1953	0.1746	0.1815
March	0.1772	0.1703	0.1730
April	0.1713	0.1651	0.1681
May	0.1746	0.1688	0.1714
June	0.1758	0.1728	0.1738
July	0.1795	0.1742	0.1762
August	0.1821	0.1775	0.1794
September	0.1826	0.1778	0.1811
October	0.1807	0.1780	0.1794
November	0.1820	0.1782	0.1797
December	0.1820	0.1782	0.1801