2017 MAD to COP Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2017.
2017 MAD to COP Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2017
During 2017, the MAD to COP exchange rate experienced significant fluctuation. The market reached its absolute peak on November 5, valuing the pair at 323.1691. Conversely, the yearly low was recorded on April 23, dropping to 281.3055.
This high-to-low spread represents a total annual volatility of 41.8637 COP. From a start-to-finish perspective, comparing the January average rate of 292.0297 to the December average rate of 317.2323, the exchange rate registered a net change of 8.63% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2017 high of 323.1691 was down 8.44% compared to the 2016 peak of 352.9542, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 MAD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2017.
MAD to COP Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 293.2431, compared to 315.2475 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 22.0043 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2017 was June, with a trading range of 20.1527 COP (High: 316.1687 / Low: 296.0160). On the other end, July was the most stable month, with a tight range of 7.2247 COP (High: 321.0803 / Low: 313.8556).
Growth Streaks & Declines
TrendsBetween April and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 6.0656 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (November 2017: 318.6158) against the same month in 2016 (average: 312.1839), the exchange rate shifted by +6.4319 (+2.06%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 298.3078 | 288.2413 | 292.0297 |
| February | 292.9218 | 283.2192 | 285.9641 |
| March | 297.5361 | 285.4383 | 292.9697 |
| April | 297.2119 | 281.3055 | 287.0148 |
| May | 302.5170 | 293.4813 | 297.6069 |
| June | 316.1687 | 296.0160 | 303.8736 |
| July | 321.0803 | 313.8556 | 316.6240 |
| August | 317.9647 | 310.1445 | 314.6474 |
| September | 317.6254 | 308.0967 | 311.4149 |
| October | 320.3547 | 306.2502 | 312.9503 |
| November | 323.1691 | 315.8387 | 318.6158 |
| December | 322.6852 | 314.5462 | 317.2323 |