2017 MAD to NAD Historical Review

YEARLY HIGH

1.5327 NAD

YEARLY LOW

1.2458 NAD

YEARLY AVERAGE

1.3721 NAD

2017 MAD to NAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the MAD to NAD exchange rate experienced significant fluctuation. The market reached its absolute peak on November 15, valuing the pair at 1.5327. Conversely, the yearly low was recorded on March 25, dropping to 1.2458.

This high-to-low spread represents a total annual volatility of 0.2869 NAD. From a start-to-finish perspective, comparing the January average rate of 1.3457 to the December average rate of 1.3940, the exchange rate registered a net change of 3.59% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 1.5327 was down 9.91% compared to the 2016 peak of 1.7014, 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 7,664 NAD

2016 Average 7,500 NAD

Yearly Trough Low 6,229 NAD

Transaction Impact: A difference of 1,434.49 NAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

1.5109

1.2659

JanuMarcMayJulySeptNove

MAD to NAD 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 1.3262, compared to 1.4181 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0919 points.

H1 Avg (Jan–Jun) 1.3262

H2 Avg (Jul–Dec) 1.4181

Volatility Range Comparison

Volatility

The most volatile month in 2017 was December, with a trading range of 0.1539 NAD (High: 1.4643 / Low: 1.3104). On the other end, January was the most stable month, with a tight range of 0.0353 NAD (High: 1.3575 / Low: 1.3222).

December Spread (Volatile) ±0.1539

January Spread (Stable) ±0.0353

Growth Streaks & Declines

Trends

Between June and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0965 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0965

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2017: 1.4905) against the same month in 2016 (average: 1.4035), the exchange rate shifted by +0.0870 (+6.20%).

2017 Avg (November) 1.4905

2016 Avg (November) 1.4035

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.3575	1.3222	1.3457
February	1.3448	1.2810	1.3125
March	1.3323	1.2458	1.2864
April	1.3819	1.3008	1.3431
May	1.3760	1.3181	1.3478
June	1.3533	1.2996	1.3217
July	1.3999	1.3438	1.3689
August	1.4211	1.3793	1.4015
September	1.4382	1.3814	1.4046
October	1.4919	1.4146	1.4489
November	1.5327	1.4489	1.4905
December	1.4643	1.3104	1.3940