2016 DJF to MAD Historical Review

YEARLY HIGH

0.0573 MAD

YEARLY LOW

0.0538 MAD

YEARLY AVERAGE

0.0552 MAD

2016 DJF to MAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the DJF to MAD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 28, valuing the pair at 0.0573. Conversely, the yearly low was recorded on May 3, dropping to 0.0538.

This high-to-low spread represents a total annual volatility of 0.0035 MAD. From a start-to-finish perspective, comparing the January average rate of 0.0558 to the December average rate of 0.0567, the exchange rate registered a net change of 1.64% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.0573 was up 0.70% compared to the 2015 peak of 0.0569, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 287 MAD

2015 Average 274 MAD

Yearly Trough Low 269 MAD

Transaction Impact: A difference of 17.69 MAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.0569

0.0541

JanuMarcMayJulySeptNove

DJF 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 0.0549, compared to 0.0555 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0006 points.

H1 Avg (Jan–Jun) 0.0549

H2 Avg (Jul–Dec) 0.0555

Volatility Range Comparison

Volatility

The most volatile month in 2016 was November, with a trading range of 0.0018 MAD (High: 0.0567 / Low: 0.0550). On the other end, September was the most stable month, with a tight range of 0.0004 MAD (High: 0.0551 / Low: 0.0546).

November Spread (Volatile) ±0.0018

September Spread (Stable) ±0.0004

Growth Streaks & Declines

Trends

Between April and July, 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 0.0007 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0007

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2016: 0.0567) against the same month in 2015 (average: 0.0557), the exchange rate shifted by +0.0010 (+1.75%).

2016 Avg (December) 0.0567

2015 Avg (December) 0.0557

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0561	0.0552	0.0558
February	0.0558	0.0543	0.0550
March	0.0558	0.0542	0.0549
April	0.0546	0.0540	0.0543
May	0.0549	0.0538	0.0545
June	0.0552	0.0542	0.0546
July	0.0556	0.0550	0.0553
August	0.0553	0.0542	0.0548
September	0.0551	0.0546	0.0548
October	0.0558	0.0546	0.0553
November	0.0567	0.0550	0.0560
December	0.0573	0.0560	0.0567