2017 MAD to NOK Historical Review

YEARLY HIGH

0.8934 NOK

YEARLY LOW

0.8209 NOK

YEARLY AVERAGE

0.8519 NOK

2017 MAD to NOK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the MAD to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 20, valuing the pair at 0.8934. Conversely, the yearly low was recorded on August 27, dropping to 0.8209.

This high-to-low spread represents a total annual volatility of 0.0725 NOK. From a start-to-finish perspective, comparing the January average rate of 0.8412 to the December average rate of 0.8821, the exchange rate registered a net change of 4.87% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.8934 was down 1.34% compared to the 2016 peak of 0.9056, 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 4,467 NOK

2016 Average 4,284 NOK

Yearly Trough Low 4,104 NOK

Transaction Impact: A difference of 362.65 NOK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.8875

0.8224

JanuMarcMayJulySeptNove

MAD to NOK 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 0.8510, compared to 0.8529 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0019 points.

H1 Avg (Jan–Jun) 0.8510

H2 Avg (Jul–Dec) 0.8529

Volatility Range Comparison

Volatility

The most volatile month in 2017 was July, with a trading range of 0.0356 NOK (High: 0.8675 / Low: 0.8319). On the other end, June was the most stable month, with a tight range of 0.0115 NOK (High: 0.8735 / Low: 0.8619).

July Spread (Volatile) ±0.0356

June Spread (Stable) ±0.0115

Growth Streaks & Declines

Trends

Between February and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.0167 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0167

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2017: 0.8821) against the same month in 2016 (average: 0.8476), the exchange rate shifted by +0.0345 (+4.07%).

2017 Avg (December) 0.8821

2016 Avg (December) 0.8476

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.8527	0.8264	0.8412
February	0.8337	0.8215	0.8278
March	0.8580	0.8322	0.8476
April	0.8660	0.8497	0.8570
May	0.8786	0.8553	0.8645
June	0.8735	0.8619	0.8678
July	0.8675	0.8319	0.8510
August	0.8431	0.8209	0.8356
September	0.8423	0.8287	0.8362
October	0.8612	0.8381	0.8466
November	0.8853	0.8534	0.8656
December	0.8934	0.8746	0.8821