YEARLY HIGH
61.9204 XOF
YEARLY LOW
58.2386 XOF
YEARLY AVERAGE
59.9788 XOF

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.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 MAD based on timing:

Yearly Peak High 309,602 XOF
2016 Average 303,723 XOF
Yearly Trough Low 291,193 XOF
Transaction Impact: A difference of 18,408.96 XOF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

61.7750
58.5091
JanuMarcMayJulySeptNove

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)

Seasonal

The 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.

H1 Avg (Jan–Jun) 60.9611
H2 Avg (Jul–Dec) 58.9965

Volatility Range Comparison

Volatility

The 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).

July Spread (Volatile) ±1.0893
September Spread (Stable) ±0.5167

Growth Streaks & Declines

Trends

Between 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.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.7092

Same-Month Historical Baseline

YoY Baseline

Comparing 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%).

2017 Avg (March) 61.3261
2016 Avg (March) 60.7242

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