2017 MAD to BWP Historical Review

YEARLY HIGH

1.1291 BWP

YEARLY LOW

1.0147 BWP

YEARLY AVERAGE

1.0664 BWP

2017 MAD to BWP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the MAD to BWP exchange rate experienced significant fluctuation. The market reached its absolute peak on November 15, valuing the pair at 1.1291. Conversely, the yearly low was recorded on March 27, dropping to 1.0147.

This high-to-low spread represents a total annual volatility of 0.1144 BWP. From a start-to-finish perspective, comparing the January average rate of 1.0522 to the December average rate of 1.0779, the exchange rate registered a net change of 2.45% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 1.1291 was down 4.50% compared to the 2016 peak of 1.1823, 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 5,645 BWP

2016 Average 5,556 BWP

Yearly Trough Low 5,074 BWP

Transaction Impact: A difference of 571.85 BWP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

1.1208

1.0218

JanuMarcMayJulySeptNove

MAD to BWP 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 1.0453, compared to 1.0874 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0421 points.

H1 Avg (Jan–Jun) 1.0453

H2 Avg (Jul–Dec) 1.0874

Volatility Range Comparison

Volatility

The most volatile month in 2017 was December, with a trading range of 0.0537 BWP (High: 1.1031 / Low: 1.0494). On the other end, January was the most stable month, with a tight range of 0.0137 BWP (High: 1.0585 / Low: 1.0448).

December Spread (Volatile) ±0.0537

January Spread (Stable) ±0.0137

Growth Streaks & Declines

Trends

Between June and November, 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 November and December, when the average rate fell by 0.0346 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0346

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2017: 1.1125) against the same month in 2016 (average: 1.0747), the exchange rate shifted by +0.0378 (+3.52%).

2017 Avg (November) 1.1125

2016 Avg (November) 1.0747

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.0585	1.0448	1.0522
February	1.0525	1.0247	1.0388
March	1.0453	1.0147	1.0300
April	1.0601	1.0352	1.0489
May	1.0653	1.0468	1.0549
June	1.0607	1.0397	1.0472
July	1.0786	1.0564	1.0683
August	1.0878	1.0716	1.0817
September	1.0985	1.0769	1.0852
October	1.1120	1.0866	1.0988
November	1.1291	1.0960	1.1125
December	1.1031	1.0494	1.0779