2017 MAD to KES Historical Review

YEARLY HIGH

11.1011 KES

YEARLY LOW

10.0764 KES

YEARLY AVERAGE

10.6612 KES

2017 MAD to KES Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the MAD to KES exchange rate experienced significant fluctuation. The market reached its absolute peak on September 7, valuing the pair at 11.1011. Conversely, the yearly low was recorded on January 2, dropping to 10.0764.

This high-to-low spread represents a total annual volatility of 1.0247 KES. From a start-to-finish perspective, comparing the January average rate of 10.3101 to the December average rate of 10.9422, the exchange rate registered a net change of 6.13% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 11.1011 was up 4.95% compared to the 2016 peak of 10.5777, 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 55,505 KES

2016 Average 51,780 KES

Yearly Trough Low 50,382 KES

Transaction Impact: A difference of 5,123.44 KES purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

11.0887

10.1681

JanuMarcMayJulySeptNove

MAD to KES 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 10.3787, compared to 10.9438 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.5651 points.

H1 Avg (Jan–Jun) 10.3787

H2 Avg (Jul–Dec) 10.9438

Volatility Range Comparison

Volatility

The most volatile month in 2017 was January, with a trading range of 0.3242 KES (High: 10.4006 / Low: 10.0764). On the other end, October was the most stable month, with a tight range of 0.1225 KES (High: 11.0207 / Low: 10.8982).

January Spread (Volatile) ±0.3242

October Spread (Stable) ±0.1225

Growth Streaks & Declines

Trends

Between March and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0638 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -0.0638

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2017: 11.0119) against the same month in 2016 (average: 10.4151), the exchange rate shifted by +0.5969 (+5.73%).

2017 Avg (September) 11.0119

2016 Avg (September) 10.4151

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	10.4006	10.0764	10.3101
February	10.4336	10.1809	10.2977
March	10.3407	10.1048	10.2448
April	10.4259	10.2267	10.3075
May	10.6159	10.3758	10.4983
June	10.7571	10.5627	10.6139
July	11.0074	10.7102	10.8373
August	11.0556	10.8897	10.9666
September	11.1011	10.8879	11.0119
October	11.0207	10.8982	10.9482
November	11.0578	10.8811	10.9564
December	11.0370	10.8718	10.9422