2016 BTN to MAD Historical Review

YEARLY HIGH

0.1505 MAD

YEARLY LOW

0.1414 MAD

YEARLY AVERAGE

0.1459 MAD

2016 BTN to MAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the BTN to MAD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 19, valuing the pair at 0.1505. Conversely, the yearly low was recorded on February 14, dropping to 0.1414.

This high-to-low spread represents a total annual volatility of 0.0090 MAD. From a start-to-finish perspective, comparing the January average rate of 0.1473 to the December average rate of 0.1490, the exchange rate registered a net change of 1.18% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.1505 was down 7.11% compared to the 2015 peak of 0.1620, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 752 MAD

2015 Average 761 MAD

Yearly Trough Low 707 MAD

Transaction Impact: A difference of 45.17 MAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.1496

0.1427

JanuMarcMayJulySeptNove

BTN 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 0.1451, compared to 0.1468 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0017 points.

H1 Avg (Jan–Jun) 0.1451

H2 Avg (Jul–Dec) 0.1468

Volatility Range Comparison

Volatility

The most volatile month in 2016 was January, with a trading range of 0.0049 MAD (High: 0.1499 / Low: 0.1449). On the other end, April was the most stable month, with a tight range of 0.0014 MAD (High: 0.1461 / Low: 0.1446).

January Spread (Volatile) ±0.0049

April Spread (Stable) ±0.0014

Growth Streaks & Declines

Trends

Between August and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0040 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0040

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2016: 0.1490) against the same month in 2015 (average: 0.1487), the exchange rate shifted by +0.0004 (+0.24%).

2016 Avg (December) 0.1490

2015 Avg (December) 0.1487

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1499	0.1449	0.1473
February	0.1458	0.1414	0.1433
March	0.1465	0.1447	0.1458
April	0.1461	0.1446	0.1453
May	0.1457	0.1438	0.1446
June	0.1451	0.1433	0.1443
July	0.1466	0.1448	0.1459
August	0.1466	0.1436	0.1454
September	0.1463	0.1447	0.1456
October	0.1483	0.1456	0.1472
November	0.1488	0.1465	0.1475
December	0.1505	0.1464	0.1490