2017 MAD to GNF Historical Review

YEARLY HIGH

965.1650 GNF

YEARLY LOW

900.6944 GNF

YEARLY AVERAGE

940.4330 GNF

2017 MAD to GNF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the MAD to GNF exchange rate experienced significant fluctuation. The market reached its absolute peak on September 8, valuing the pair at 965.1650. Conversely, the yearly low was recorded on April 18, dropping to 900.6944.

This high-to-low spread represents a total annual volatility of 64.4705 GNF. From a start-to-finish perspective, comparing the January average rate of 930.8212 to the December average rate of 957.1585, the exchange rate registered a net change of 2.83% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 965.1650 was up 2.35% compared to the 2016 peak of 942.9792, 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 4,825,825 GNF

2016 Average 4,265,551 GNF

Yearly Trough Low 4,503,472 GNF

Transaction Impact: A difference of 322,352.55 GNF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

960.7625

921.3452

JanuMarcMayJulySeptNove

MAD to GNF 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 929.9340, compared to 950.9320 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 20.9979 points.

H1 Avg (Jan–Jun) 929.9340

H2 Avg (Jul–Dec) 950.9320

Volatility Range Comparison

Volatility

The most volatile month in 2017 was April, with a trading range of 40.2077 GNF (High: 940.9021 / Low: 900.6944). On the other end, October was the most stable month, with a tight range of 12.1191 GNF (High: 958.2246 / Low: 946.1055).

April Spread (Volatile) ±40.2077

October Spread (Stable) ±12.1191

Growth Streaks & Declines

Trends

Between June and September, 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 September and October, when the average rate fell by 6.8464 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -6.8464

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2017: 957.4778) against the same month in 2016 (average: 934.6693), the exchange rate shifted by +22.8084 (+2.44%).

2017 Avg (September) 957.4778

2016 Avg (September) 934.6693

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	943.0757	910.8930	930.8212
February	939.8449	912.1759	931.8329
March	942.8336	911.2655	929.6475
April	940.9021	900.6944	924.6300
May	941.9688	915.9988	932.3069
June	940.9293	915.2196	930.3657
July	952.2491	930.5769	940.1694
August	960.9366	933.8904	946.2976
September	965.1650	944.1243	957.4778
October	958.2246	946.1055	950.6313
November	964.0869	944.9909	953.8572
December	964.8797	949.8365	957.1585