YEARLY HIGH
0.2048 MAD
YEARLY LOW
0.1821 MAD
YEARLY AVERAGE
0.1927 MAD

2017 PHP to MAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the PHP to MAD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 0.2048. Conversely, the yearly low was recorded on September 17, dropping to 0.1821.

This high-to-low spread represents a total annual volatility of 0.0227 MAD. From a start-to-finish perspective, comparing the January average rate of 0.2023 to the December average rate of 0.1874, the exchange rate registered a net change of -7.37% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.2048 was down 3.59% compared to the 2016 peak of 0.2124, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 250,000 PHP based on timing:

Yearly Peak High 51,205 MAD
2016 Average 51,620 MAD
Yearly Trough Low 45,522 MAD
Transaction Impact: A difference of 5,682.61 MAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.2041
0.1819
JanuMarcMayJulySeptNove

PHP 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 0.1996, compared to 0.1859 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0137 points.

H1 Avg (Jan–Jun) 0.1996
H2 Avg (Jul–Dec) 0.1859

Volatility Range Comparison

Volatility

The most volatile month in 2017 was June, with a trading range of 0.0068 MAD (High: 0.1974 / Low: 0.1906). On the other end, December was the most stable month, with a tight range of 0.0027 MAD (High: 0.1886 / Low: 0.1859).

June Spread (Volatile) ±0.0068
December Spread (Stable) ±0.0027

Growth Streaks & Declines

Trends

Between September and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.0062 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0062

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2017: 0.2023) against the same month in 2016 (average: 0.2085), the exchange rate shifted by -0.0062 (-2.97%).

2017 Avg (January) 0.2023
2016 Avg (January) 0.2085

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.2048 0.2003 0.2023
February 0.2026 0.1999 0.2013
March 0.2016 0.1981 0.1998
April 0.2040 0.1978 0.2013
May 0.1992 0.1949 0.1973
June 0.1974 0.1906 0.1956
July 0.1915 0.1871 0.1893
August 0.1887 0.1824 0.1853
September 0.1863 0.1821 0.1838
October 0.1859 0.1821 0.1839
November 0.1875 0.1843 0.1857
December 0.1886 0.1859 0.1874