2017 MAD to NGN Historical Review

YEARLY HIGH

38.8607 NGN

YEARLY LOW

30.0620 NGN

YEARLY AVERAGE

34.4533 NGN

2017 MAD to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the MAD to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on August 4, valuing the pair at 38.8607. Conversely, the yearly low was recorded on January 9, dropping to 30.0620.

This high-to-low spread represents a total annual volatility of 8.7986 NGN. From a start-to-finish perspective, comparing the January average rate of 31.1178 to the December average rate of 38.1845, the exchange rate registered a net change of 22.71% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 38.8607 was up 8.05% compared to the 2016 peak of 35.9648, 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 194,303 NGN

2016 Average 131,281 NGN

Yearly Trough Low 150,310 NGN

Transaction Impact: A difference of 43,993.23 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

39.0135

30.4000

JanuMarcMayJulySeptNove

MAD to NGN 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 31.6736, compared to 37.2331 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 5.5595 points.

H1 Avg (Jan–Jun) 31.6736

H2 Avg (Jul–Dec) 37.2331

Volatility Range Comparison

Volatility

The most volatile month in 2017 was August, with a trading range of 5.4551 NGN (High: 38.8607 / Low: 33.4056). On the other end, December was the most stable month, with a tight range of 0.5071 NGN (High: 38.4132 / Low: 37.9061).

August Spread (Volatile) ±5.4551

December Spread (Stable) ±0.5071

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 0.2739 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -0.2739

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2017: 37.8187) against the same month in 2016 (average: 33.1462), the exchange rate shifted by +4.6725 (+14.10%).

2017 Avg (August) 37.8187

2016 Avg (August) 33.1462

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	31.7756	30.0620	31.1178
February	31.7673	30.6063	31.3301
March	31.7138	30.5533	31.2767
April	31.9050	30.4887	31.4145
May	33.3574	31.7415	32.2468
June	36.2515	32.0393	32.6555
July	36.6440	31.7993	33.0471
August	38.8607	33.4056	37.8187
September	38.8361	37.7619	38.2957
October	38.3552	37.6977	38.0218
November	38.5421	37.3508	38.0308
December	38.4132	37.9061	38.1845