YEARLY HIGH
0.0974 MAD
YEARLY LOW
0.0845 MAD
YEARLY AVERAGE
0.0922 MAD

2017 PKR to MAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the PKR to MAD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 0.0974. Conversely, the yearly low was recorded on December 29, dropping to 0.0845.

This high-to-low spread represents a total annual volatility of 0.0128 MAD. From a start-to-finish perspective, comparing the January average rate of 0.0962 to the December average rate of 0.0867, the exchange rate registered a net change of -9.81% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.0974 was down 0.12% compared to the 2016 peak of 0.0975, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 500,000 PKR based on timing:

Yearly Peak High 48,684 MAD
2016 Average 46,810 MAD
Yearly Trough Low 42,266 MAD
Transaction Impact: A difference of 6,418.10 MAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.0971
0.0858
JanuMarcMayJulySeptNove

PKR 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 0.0951, compared to 0.0893 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0058 points.

H1 Avg (Jan–Jun) 0.0951
H2 Avg (Jul–Dec) 0.0893

Volatility Range Comparison

Volatility

The most volatile month in 2017 was December, with a trading range of 0.0052 MAD (High: 0.0898 / Low: 0.0845). On the other end, October was the most stable month, with a tight range of 0.0009 MAD (High: 0.0903 / Low: 0.0893).

December Spread (Volatile) ±0.0052
October Spread (Stable) ±0.0009

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 November and December, when the average rate fell by 0.0031 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0031

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2017: 0.0962) against the same month in 2016 (average: 0.0944), the exchange rate shifted by +0.0017 (+1.83%).

2017 Avg (January) 0.0962
2016 Avg (January) 0.0944

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0974 0.0953 0.0962
February 0.0970 0.0951 0.0960
March 0.0967 0.0948 0.0958
April 0.0964 0.0944 0.0956
May 0.0949 0.0927 0.0939
June 0.0938 0.0921 0.0931
July 0.0924 0.0900 0.0912
August 0.0904 0.0882 0.0898
September 0.0897 0.0881 0.0888
October 0.0903 0.0893 0.0897
November 0.0906 0.0888 0.0898
December 0.0898 0.0845 0.0867