2017 MAD to CVE Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2017.
2017 MAD to CVE Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2017
During 2017, the MAD to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on January 5, valuing the pair at 10.4422. Conversely, the yearly low was recorded on September 20, dropping to 9.8376.
This high-to-low spread represents a total annual volatility of 0.6046 CVE. From a start-to-finish perspective, comparing the January average rate of 10.3281 to the December average rate of 9.9174, the exchange rate registered a net change of -3.98% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2017 high of 10.4422 was down 0.23% compared to the 2016 peak of 10.4662, 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 CVE 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 10.2603, compared to 9.9464 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.3140 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2017 was January, with a trading range of 0.2203 CVE (High: 10.4422 / Low: 10.2220). On the other end, August was the most stable month, with a tight range of 0.0933 CVE (High: 9.9408 / Low: 9.8476).
Growth Streaks & Declines
TrendsBetween August and November, 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 April and May, when the average rate fell by 0.1193 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2017: 10.3281) against the same month in 2016 (average: 10.2446), the exchange rate shifted by +0.0834 (+0.81%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 10.4422 | 10.2220 | 10.3281 |
| February | 10.3612 | 10.2667 | 10.3301 |
| March | 10.4131 | 10.2349 | 10.3132 |
| April | 10.3520 | 10.2110 | 10.3003 |
| May | 10.2603 | 10.0958 | 10.1810 |
| June | 10.1520 | 9.9928 | 10.1095 |
| July | 10.0858 | 9.9056 | 10.0086 |
| August | 9.9408 | 9.8476 | 9.9124 |
| September | 9.9576 | 9.8376 | 9.9142 |
| October | 10.0303 | 9.8676 | 9.9494 |
| November | 10.0491 | 9.8747 | 9.9762 |
| December | 9.9747 | 9.8594 | 9.9174 |