2017 MAD to ETB Historical Review

YEARLY HIGH

2.9286 ETB

YEARLY LOW

2.2055 ETB

YEARLY AVERAGE

2.4739 ETB

2017 MAD to ETB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the MAD to ETB exchange rate experienced significant fluctuation. The market reached its absolute peak on December 29, valuing the pair at 2.9286. Conversely, the yearly low was recorded on January 2, dropping to 2.2055.

This high-to-low spread represents a total annual volatility of 0.7231 ETB. From a start-to-finish perspective, comparing the January average rate of 2.2425 to the December average rate of 2.9036, the exchange rate registered a net change of 29.48% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 2.9286 was up 27.59% compared to the 2016 peak of 2.2954, 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 14,643 ETB

2016 Average 11,139 ETB

Yearly Trough Low 11,028 ETB

Transaction Impact: A difference of 3,615.29 ETB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

2.9698

2.1764

JanuMarcMayJulySeptNove

MAD to ETB 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 2.2915, compared to 2.6562 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.3647 points.

H1 Avg (Jan–Jun) 2.2915

H2 Avg (Jul–Dec) 2.6562

Volatility Range Comparison

Volatility

The most volatile month in 2017 was October, with a trading range of 0.4139 ETB (High: 2.8934 / Low: 2.4795). On the other end, September was the most stable month, with a tight range of 0.0419 ETB (High: 2.5308 / Low: 2.4889).

October Spread (Volatile) ±0.4139

September Spread (Stable) ±0.0419

Growth Streaks & Declines

Trends

Between January and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 11 straight months. No significant month-over-month rate declines were detected.

Longest Streak 11 Mo.

Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2017: 2.9036) against the same month in 2016 (average: 2.2146), the exchange rate shifted by +0.6891 (+31.12%).

2017 Avg (December) 2.9036

2016 Avg (December) 2.2146

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.2768	2.2055	2.2425
February	2.2848	2.2285	2.2530
March	2.2935	2.2346	2.2653
April	2.3197	2.2550	2.2794
May	2.3661	2.3107	2.3396
June	2.4061	2.3502	2.3693
July	2.4589	2.3944	2.4246
August	2.5234	2.4484	2.4716
September	2.5308	2.4889	2.5099
October	2.8934	2.4795	2.7387
November	2.9217	2.8520	2.8889
December	2.9286	2.8618	2.9036