2017 SVC to MAD Historical Review

YEARLY HIGH

1.1661 MAD

YEARLY LOW

1.0606 MAD

YEARLY AVERAGE

1.1096 MAD

2017 SVC to MAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the SVC to MAD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 1.1661. Conversely, the yearly low was recorded on August 29, dropping to 1.0606.

This high-to-low spread represents a total annual volatility of 0.1055 MAD. From a start-to-finish perspective, comparing the January average rate of 1.1501 to the December average rate of 1.0764, the exchange rate registered a net change of -6.41% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 1.1661 was down 0.17% compared to the 2016 peak of 1.1681, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 5,831 MAD

2016 Average 5,606 MAD

Yearly Trough Low 5,303 MAD

Transaction Impact: A difference of 527.64 MAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

1.1582

1.0616

JanuMarcMayJulySeptNove

SVC 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 1.1388, compared to 1.0805 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0583 points.

H1 Avg (Jan–Jun) 1.1388

H2 Avg (Jul–Dec) 1.0805

Volatility Range Comparison

Volatility

The most volatile month in 2017 was August, with a trading range of 0.0260 MAD (High: 1.0866 / Low: 1.0606). On the other end, December was the most stable month, with a tight range of 0.0126 MAD (High: 1.0818 / Low: 1.0692).

August Spread (Volatile) ±0.0260

December Spread (Stable) ±0.0126

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 0.0204 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0204

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2017: 1.1501) against the same month in 2016 (average: 1.1326), the exchange rate shifted by +0.0175 (+1.54%).

2017 Avg (January) 1.1501

2016 Avg (January) 1.1326

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.1661	1.1417	1.1501
February	1.1569	1.1381	1.1499
March	1.1609	1.1361	1.1480
April	1.1535	1.1296	1.1450
May	1.1369	1.1136	1.1246
June	1.1199	1.1033	1.1150
July	1.1069	1.0838	1.0967
August	1.0866	1.0606	1.0802
September	1.0836	1.0608	1.0696
October	1.0873	1.0728	1.0794
November	1.0913	1.0676	1.0807
December	1.0818	1.0692	1.0764