2017 MAD to XOF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2017.
2017 MAD to XOF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2017
During 2017, the MAD to XOF exchange rate experienced significant fluctuation. The market reached its absolute peak on March 10, valuing the pair at 61.9204. Conversely, the yearly low was recorded on August 27, dropping to 58.2386.
This high-to-low spread represents a total annual volatility of 3.6818 XOF. From a start-to-finish perspective, comparing the January average rate of 61.5029 to the December average rate of 58.7907, the exchange rate registered a net change of -4.41% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2017 high of 61.9204 was down 0.19% compared to the 2016 peak of 62.0357, 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 XOF 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 60.9611, compared to 58.9965 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.9646 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2017 was July, with a trading range of 1.0893 XOF (High: 59.8791 / Low: 58.7897). On the other end, September was the most stable month, with a tight range of 0.5167 XOF (High: 59.0642 / Low: 58.5475).
Growth Streaks & Declines
TrendsBetween September and November, 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 April and May, when the average rate fell by 0.7092 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (March 2017: 61.3261) against the same month in 2016 (average: 60.7242), the exchange rate shifted by +0.6020 (+0.99%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 61.7948 | 61.1557 | 61.5029 |
| February | 61.8187 | 61.0480 | 61.4041 |
| March | 61.9204 | 60.9335 | 61.3261 |
| April | 61.4000 | 60.4994 | 61.1092 |
| May | 60.7640 | 59.9874 | 60.4000 |
| June | 60.2194 | 59.4560 | 60.0243 |
| July | 59.8791 | 58.7897 | 59.4528 |
| August | 59.0262 | 58.2386 | 58.7876 |
| September | 59.0642 | 58.5475 | 58.7812 |
| October | 59.3625 | 58.6777 | 59.0806 |
| November | 59.3966 | 58.6277 | 59.0863 |
| December | 59.0268 | 58.4445 | 58.7907 |