2017 NGN to MAD Historical Review

YEARLY HIGH

0.0333 MAD

YEARLY LOW

0.0257 MAD

YEARLY AVERAGE

0.0293 MAD

2017 NGN to MAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the NGN to MAD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 9, valuing the pair at 0.0333. Conversely, the yearly low was recorded on August 5, dropping to 0.0257.

This high-to-low spread represents a total annual volatility of 0.0075 MAD. From a start-to-finish perspective, comparing the January average rate of 0.0321 to the December average rate of 0.0262, the exchange rate registered a net change of -18.52% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.0333 was down 33.58% compared to the 2016 peak of 0.0501, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 1,000,000 NGN based on timing:

Yearly Peak High 33,265 MAD

2016 Average 39,925 MAD

Yearly Trough Low 25,733 MAD

Transaction Impact: A difference of 7,531.60 MAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.0327

0.0255

JanuMarcMayJulySeptNove

NGN to MAD 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 0.0316, compared to 0.0269 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0046 points.

H1 Avg (Jan–Jun) 0.0316

H2 Avg (Jul–Dec) 0.0269

Volatility Range Comparison

Volatility

The most volatile month in 2017 was August, with a trading range of 0.0042 MAD (High: 0.0299 / Low: 0.0257). On the other end, December was the most stable month, with a tight range of 0.0003 MAD (High: 0.0264 / Low: 0.0260).

August Spread (Volatile) ±0.0042

December Spread (Stable) ±0.0003

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2017. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.0038 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0038

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2017: 0.0321) against the same month in 2016 (average: 0.0498), the exchange rate shifted by -0.0176 (-35.40%).

2017 Avg (January) 0.0321

2016 Avg (January) 0.0498

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0333	0.0315	0.0321
February	0.0327	0.0315	0.0319
March	0.0327	0.0315	0.0320
April	0.0328	0.0313	0.0318
May	0.0315	0.0300	0.0310
June	0.0312	0.0276	0.0306
July	0.0314	0.0273	0.0303
August	0.0299	0.0257	0.0265
September	0.0265	0.0257	0.0261
October	0.0265	0.0261	0.0263
November	0.0268	0.0259	0.0263
December	0.0264	0.0260	0.0262