2016 CVE to MAD Historical Review

YEARLY HIGH

0.1003 MAD

YEARLY LOW

0.0955 MAD

YEARLY AVERAGE

0.0984 MAD

2016 CVE to MAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the CVE to MAD exchange rate experienced significant fluctuation. The market reached its absolute peak on April 20, valuing the pair at 0.1003. Conversely, the yearly low was recorded on December 18, dropping to 0.0955.

This high-to-low spread represents a total annual volatility of 0.0047 MAD. From a start-to-finish perspective, comparing the January average rate of 0.0976 to the December average rate of 0.0967, the exchange rate registered a net change of -0.98% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.1003 was down 0.03% compared to the 2015 peak of 0.1003, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 501 MAD

2015 Average 491 MAD

Yearly Trough Low 478 MAD

Transaction Impact: A difference of 23.70 MAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.0996

0.0964

JanuMarcMayJulySeptNove

CVE 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 0.0986, compared to 0.0981 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0005 points.

H1 Avg (Jan–Jun) 0.0986

H2 Avg (Jul–Dec) 0.0981

Volatility Range Comparison

Volatility

The most volatile month in 2016 was December, with a trading range of 0.0036 MAD (High: 0.0992 / Low: 0.0955). On the other end, September was the most stable month, with a tight range of 0.0006 MAD (High: 0.0991 / Low: 0.0985).

December Spread (Volatile) ±0.0036

September Spread (Stable) ±0.0006

Growth Streaks & Declines

Trends

Between January and May, 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 November and December, when the average rate fell by 0.0009 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0009

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2016: 0.0993) against the same month in 2015 (average: 0.0974), the exchange rate shifted by +0.0019 (+1.91%).

2016 Avg (April) 0.0993

2015 Avg (April) 0.0974

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0981	0.0971	0.0976
February	0.0990	0.0976	0.0984
March	0.0992	0.0971	0.0984
April	0.1003	0.0988	0.0993
May	0.1000	0.0985	0.0994
June	0.0996	0.0979	0.0989
July	0.0990	0.0981	0.0985
August	0.0994	0.0984	0.0989
September	0.0991	0.0985	0.0988
October	0.0991	0.0976	0.0983
November	0.0988	0.0967	0.0976
December	0.0992	0.0955	0.0967