2017 MAD to NPR Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2017.
2017 MAD to NPR Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2017
During 2017, the MAD to NPR exchange rate experienced significant fluctuation. The market reached its absolute peak on September 25, valuing the pair at 11.1207. Conversely, the yearly low was recorded on April 9, dropping to 10.2125.
This high-to-low spread represents a total annual volatility of 0.9082 NPR. From a start-to-finish perspective, comparing the January average rate of 10.8239 to the December average rate of 10.9084, the exchange rate registered a net change of 0.78% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2017 high of 11.1207 was down 1.81% compared to the 2016 peak of 11.3258, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 MAD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2017.
MAD to NPR Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 10.5551, compared to 10.9183 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.3632 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2017 was February, with a trading range of 0.2978 NPR (High: 10.8394 / Low: 10.5415). On the other end, December was the most stable month, with a tight range of 0.1607 NPR (High: 10.9901 / Low: 10.8294).
Growth Streaks & Declines
TrendsBetween April and October, 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 March and April, when the average rate fell by 0.1985 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (September 2017: 11.0179) against the same month in 2016 (average: 10.9858), the exchange rate shifted by +0.0321 (+0.29%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 10.9213 | 10.7191 | 10.8239 |
| February | 10.8394 | 10.5415 | 10.6552 |
| March | 10.6231 | 10.3428 | 10.5018 |
| April | 10.4097 | 10.2125 | 10.3032 |
| May | 10.6194 | 10.3425 | 10.4803 |
| June | 10.7106 | 10.5168 | 10.5660 |
| July | 10.8694 | 10.6654 | 10.7504 |
| August | 11.0379 | 10.7588 | 10.8382 |
| September | 11.1207 | 10.9261 | 11.0179 |
| October | 11.1075 | 10.8999 | 11.0211 |
| November | 11.0785 | 10.8562 | 10.9735 |
| December | 10.9901 | 10.8294 | 10.9084 |