2017 MAD to ZAR Historical Review

YEARLY HIGH

1.5272 ZAR

YEARLY LOW

1.2436 ZAR

YEARLY AVERAGE

1.3721 ZAR

2017 MAD to ZAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the MAD to ZAR exchange rate experienced significant fluctuation. The market reached its absolute peak on November 15, valuing the pair at 1.5272. Conversely, the yearly low was recorded on March 26, dropping to 1.2436.

This high-to-low spread represents a total annual volatility of 0.2835 ZAR. From a start-to-finish perspective, comparing the January average rate of 1.3498 to the December average rate of 1.3891, the exchange rate registered a net change of 2.91% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 1.5272 was down 10.43% compared to the 2016 peak of 1.7050, 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 7,636 ZAR

2016 Average 7,501 ZAR

Yearly Trough Low 6,218 ZAR

Transaction Impact: A difference of 1,417.65 ZAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

1.5112

1.2676

JanuMarcMayJulySeptNove

MAD to ZAR 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 1.3263, compared to 1.4179 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0916 points.

H1 Avg (Jan–Jun) 1.3263

H2 Avg (Jul–Dec) 1.4179

Volatility Range Comparison

Volatility

The most volatile month in 2017 was December, with a trading range of 0.1605 ZAR (High: 1.4656 / Low: 1.3051). On the other end, January was the most stable month, with a tight range of 0.0378 ZAR (High: 1.3610 / Low: 1.3233).

December Spread (Volatile) ±0.1605

January Spread (Stable) ±0.0378

Growth Streaks & Declines

Trends

Between June and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.1018 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.1018

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2017: 1.4909) against the same month in 2016 (average: 1.4029), the exchange rate shifted by +0.0880 (+6.27%).

2017 Avg (November) 1.4909

2016 Avg (November) 1.4029

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.3610	1.3233	1.3498
February	1.3474	1.2744	1.3096
March	1.3404	1.2436	1.2879
April	1.3802	1.2979	1.3395
May	1.3813	1.3120	1.3482
June	1.3590	1.2948	1.3228
July	1.4058	1.3472	1.3698
August	1.4292	1.3807	1.4027
September	1.4368	1.3688	1.4049
October	1.4987	1.4094	1.4500
November	1.5272	1.4500	1.4909
December	1.4656	1.3051	1.3891