2017 MAD to TRY Historical Review

YEARLY HIGH

0.4236 TRY

YEARLY LOW

0.3480 TRY

YEARLY AVERAGE

0.3760 TRY

2017 MAD to TRY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the MAD to TRY exchange rate experienced significant fluctuation. The market reached its absolute peak on November 24, valuing the pair at 0.4236. Conversely, the yearly low was recorded on January 1, dropping to 0.3480.

This high-to-low spread represents a total annual volatility of 0.0755 TRY. From a start-to-finish perspective, comparing the January average rate of 0.3720 to the December average rate of 0.4074, the exchange rate registered a net change of 9.53% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.4236 was up 19.99% compared to the 2016 peak of 0.3530, 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 2,118 TRY

2016 Average 1,542 TRY

Yearly Trough Low 1,740 TRY

Transaction Impact: A difference of 377.72 TRY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.4169

0.3559

JanuMarcMayJulySeptNove

MAD to TRY 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 0.3649, compared to 0.3870 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0220 points.

H1 Avg (Jan–Jun) 0.3649

H2 Avg (Jul–Dec) 0.3870

Volatility Range Comparison

Volatility

The most volatile month in 2017 was January, with a trading range of 0.0385 TRY (High: 0.3865 / Low: 0.3480). On the other end, June was the most stable month, with a tight range of 0.0083 TRY (High: 0.3659 / Low: 0.3576).

January Spread (Volatile) ±0.0385

June Spread (Stable) ±0.0083

Growth Streaks & Declines

Trends

Between June and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0080 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0080

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2017: 0.4118) against the same month in 2016 (average: 0.3305), the exchange rate shifted by +0.0813 (+24.60%).

2017 Avg (November) 0.4118

2016 Avg (November) 0.3305

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.3865	0.3480	0.3720
February	0.3776	0.3534	0.3640
March	0.3735	0.3607	0.3660
April	0.3695	0.3576	0.3639
May	0.3695	0.3558	0.3628
June	0.3659	0.3576	0.3610
July	0.3757	0.3653	0.3711
August	0.3765	0.3646	0.3715
September	0.3785	0.3650	0.3705
October	0.4019	0.3766	0.3895
November	0.4236	0.4003	0.4118
December	0.4181	0.4025	0.4074