2016 AOA to MAD Historical Review

YEARLY HIGH

0.0737 MAD

YEARLY LOW

0.0576 MAD

YEARLY AVERAGE

0.0603 MAD

2016 AOA to MAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the AOA to MAD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 5, valuing the pair at 0.0737. Conversely, the yearly low was recorded on May 2, dropping to 0.0576.

This high-to-low spread represents a total annual volatility of 0.0160 MAD. From a start-to-finish perspective, comparing the January average rate of 0.0668 to the December average rate of 0.0610, the exchange rate registered a net change of -8.59% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.0737 was down 22.36% compared to the 2015 peak of 0.0949, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 368 MAD

2015 Average 411 MAD

Yearly Trough Low 288 MAD

Transaction Impact: A difference of 80.21 MAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.0676

0.0575

JanuMarcMayJulySeptNove

AOA 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 0.0610, compared to 0.0595 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0015 points.

H1 Avg (Jan–Jun) 0.0610

H2 Avg (Jul–Dec) 0.0595

Volatility Range Comparison

Volatility

The most volatile month in 2016 was January, with a trading range of 0.0103 MAD (High: 0.0737 / Low: 0.0634). On the other end, September was the most stable month, with a tight range of 0.0005 MAD (High: 0.0589 / Low: 0.0585).

January Spread (Volatile) ±0.0103

September Spread (Stable) ±0.0005

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 January and February, when the average rate fell by 0.0046 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0046

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2016: 0.0668) against the same month in 2015 (average: 0.0906), the exchange rate shifted by -0.0238 (-26.27%).

2016 Avg (January) 0.0668

2015 Avg (January) 0.0906

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0737	0.0634	0.0668
February	0.0637	0.0611	0.0621
March	0.0624	0.0601	0.0613
April	0.0600	0.0579	0.0589
May	0.0589	0.0576	0.0583
June	0.0592	0.0581	0.0586
July	0.0595	0.0589	0.0592
August	0.0592	0.0581	0.0588
September	0.0589	0.0585	0.0587
October	0.0599	0.0586	0.0593
November	0.0609	0.0591	0.0602
December	0.0615	0.0603	0.0610