2017 NOK to MAD Historical Review

YEARLY HIGH

1.2182 MAD

YEARLY LOW

1.1193 MAD

YEARLY AVERAGE

1.1743 MAD

2017 NOK to MAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the NOK to MAD exchange rate experienced significant fluctuation. The market reached its absolute peak on August 27, valuing the pair at 1.2182. Conversely, the yearly low was recorded on December 20, dropping to 1.1193.

This high-to-low spread represents a total annual volatility of 0.0989 MAD. From a start-to-finish perspective, comparing the January average rate of 1.1889 to the December average rate of 1.1337, the exchange rate registered a net change of -4.64% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 1.2182 was down 0.02% compared to the 2016 peak of 1.2184, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 6,091 MAD

2016 Average 5,838 MAD

Yearly Trough Low 5,596 MAD

Transaction Impact: A difference of 494.48 MAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

1.2154

1.1263

JanuMarcMayJulySeptNove

NOK 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 1.1755, compared to 1.1731 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0024 points.

H1 Avg (Jan–Jun) 1.1755

H2 Avg (Jul–Dec) 1.1731

Volatility Range Comparison

Volatility

The most volatile month in 2017 was July, with a trading range of 0.0493 MAD (High: 1.2021 / Low: 1.1528). On the other end, June was the most stable month, with a tight range of 0.0153 MAD (High: 1.1602 / Low: 1.1449).

July Spread (Volatile) ±0.0493

June Spread (Stable) ±0.0153

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 February and March, when the average rate fell by 0.0281 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0281

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2017: 1.1968) against the same month in 2016 (average: 1.1714), the exchange rate shifted by +0.0254 (+2.17%).

2017 Avg (August) 1.1968

2016 Avg (August) 1.1714

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.2100	1.1728	1.1889
February	1.2173	1.1994	1.2080
March	1.2017	1.1655	1.1799
April	1.1768	1.1548	1.1669
May	1.1691	1.1381	1.1567
June	1.1602	1.1449	1.1524
July	1.2021	1.1528	1.1753
August	1.2182	1.1862	1.1968
September	1.2068	1.1872	1.1960
October	1.1932	1.1611	1.1813
November	1.1718	1.1295	1.1553
December	1.1433	1.1193	1.1337