2017 PEN to MAD Historical Review

YEARLY HIGH

3.1207 MAD

YEARLY LOW

2.7930 MAD

YEARLY AVERAGE

2.9770 MAD

2017 PEN to MAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the PEN to MAD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 21, valuing the pair at 3.1207. Conversely, the yearly low was recorded on November 2, dropping to 2.7930.

This high-to-low spread represents a total annual volatility of 0.3277 MAD. From a start-to-finish perspective, comparing the January average rate of 3.0143 to the December average rate of 2.9039, the exchange rate registered a net change of -3.66% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 3.1207 was up 2.88% compared to the 2016 peak of 3.0335, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 15,604 MAD

2016 Average 14,531 MAD

Yearly Trough Low 13,965 MAD

Transaction Impact: A difference of 1,638.62 MAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

3.1083

2.8653

JanuMarcMayJulySeptNove

PEN 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 3.0422, compared to 2.9118 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1304 points.

H1 Avg (Jan–Jun) 3.0422

H2 Avg (Jul–Dec) 2.9118

Volatility Range Comparison

Volatility

The most volatile month in 2017 was November, with a trading range of 0.1500 MAD (High: 2.9430 / Low: 2.7930). On the other end, September was the most stable month, with a tight range of 0.0308 MAD (High: 2.9016 / Low: 2.8708).

November Spread (Volatile) ±0.1500

September Spread (Stable) ±0.0308

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 0.0808 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0808

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2017: 3.0881) against the same month in 2016 (average: 2.7891), the exchange rate shifted by +0.2990 (+10.72%).

2017 Avg (February) 3.0881

2016 Avg (February) 2.7891

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	3.0534	2.9701	3.0143
February	3.1207	3.0531	3.0881
March	3.1036	3.0600	3.0754
April	3.1087	3.0484	3.0855
May	3.0579	2.9741	3.0047
June	3.0044	2.9632	2.9853
July	2.9730	2.9141	2.9508
August	2.9312	2.8815	2.9125
September	2.9016	2.8708	2.8856
October	2.9352	2.8813	2.9055
November	2.9430	2.7930	2.9125
December	2.9306	2.8724	2.9039