2017 ZAR to MAD Historical Review

YEARLY HIGH

0.8041 MAD

YEARLY LOW

0.6548 MAD

YEARLY AVERAGE

0.7302 MAD

2017 ZAR to MAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the ZAR to MAD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 26, valuing the pair at 0.8041. Conversely, the yearly low was recorded on November 15, dropping to 0.6548.

This high-to-low spread represents a total annual volatility of 0.1493 MAD. From a start-to-finish perspective, comparing the January average rate of 0.7409 to the December average rate of 0.7209, the exchange rate registered a net change of -2.69% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.8041 was up 8.10% compared to the 2016 peak of 0.7438, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 50,000 ZAR based on timing:

Yearly Peak High 40,204 MAD

2016 Average 33,455 MAD

Yearly Trough Low 32,740 MAD

Transaction Impact: A difference of 7,464.18 MAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.7873

0.6603

JanuMarcMayJulySeptNove

ZAR 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 0.7544, compared to 0.7061 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0482 points.

H1 Avg (Jan–Jun) 0.7544

H2 Avg (Jul–Dec) 0.7061

Volatility Range Comparison

Volatility

The most volatile month in 2017 was December, with a trading range of 0.0839 MAD (High: 0.7662 / Low: 0.6823). On the other end, January was the most stable month, with a tight range of 0.0210 MAD (High: 0.7557 / Low: 0.7347).

December Spread (Volatile) ±0.0839

January Spread (Stable) ±0.0210

Growth Streaks & Declines

Trends

Between January and March, 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 March and April, when the average rate fell by 0.0300 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0300

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2017: 0.7768) against the same month in 2016 (average: 0.6354), the exchange rate shifted by +0.1413 (+22.24%).

2017 Avg (March) 0.7768

2016 Avg (March) 0.6354

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.7557	0.7347	0.7409
February	0.7847	0.7421	0.7638
March	0.8041	0.7461	0.7768
April	0.7705	0.7245	0.7468
May	0.7622	0.7239	0.7419
June	0.7723	0.7358	0.7561
July	0.7423	0.7113	0.7301
August	0.7243	0.6997	0.7130
September	0.7305	0.6960	0.7119
October	0.7095	0.6673	0.6899
November	0.6896	0.6548	0.6709
December	0.7662	0.6823	0.7209