2016 BZD to MAD Historical Review

YEARLY HIGH

5.0849 MAD

YEARLY LOW

4.7867 MAD

YEARLY AVERAGE

4.9039 MAD

2016 BZD to MAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the BZD to MAD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 20, valuing the pair at 5.0849. Conversely, the yearly low was recorded on May 3, dropping to 4.7867.

This high-to-low spread represents a total annual volatility of 0.2983 MAD. From a start-to-finish perspective, comparing the January average rate of 4.9646 to the December average rate of 5.0433, the exchange rate registered a net change of 1.58% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 5.0849 was up 0.33% compared to the 2015 peak of 5.0684, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 25,425 MAD

2015 Average 24,376 MAD

Yearly Trough Low 23,933 MAD

Transaction Impact: A difference of 1,491.25 MAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

5.0641

4.8146

JanuMarcMayJulySeptNove

BZD 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 4.8796, compared to 4.9281 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0485 points.

H1 Avg (Jan–Jun) 4.8796

H2 Avg (Jul–Dec) 4.9281

Volatility Range Comparison

Volatility

The most volatile month in 2016 was November, with a trading range of 0.1544 MAD (High: 5.0521 / Low: 4.8976). On the other end, September was the most stable month, with a tight range of 0.0396 MAD (High: 4.8803 / Low: 4.8407).

November Spread (Volatile) ±0.1544

September Spread (Stable) ±0.0396

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 0.0641 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0641

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2016: 5.0433) against the same month in 2015 (average: 4.9632), the exchange rate shifted by +0.0800 (+1.61%).

2016 Avg (December) 5.0433

2015 Avg (December) 4.9632

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	4.9951	4.9342	4.9646
February	4.9643	4.8295	4.9006
March	4.9669	4.8233	4.8910
April	4.8643	4.7963	4.8392
May	4.8753	4.7867	4.8354
June	4.9086	4.7974	4.8469
July	4.9226	4.8693	4.9024
August	4.9104	4.8152	4.8675
September	4.8803	4.8407	4.8614
October	4.9614	4.8600	4.9128
November	5.0521	4.8976	4.9813
December	5.0849	4.9989	5.0433