2016 EUR to MAD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2016.
2016 EUR to MAD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2016
During 2016, the EUR to MAD exchange rate experienced significant fluctuation. The market reached its absolute peak on May 2, valuing the pair at 11.0171. Conversely, the yearly low was recorded on December 18, dropping to 10.5728.
This high-to-low spread represents a total annual volatility of 0.4442 MAD. From a start-to-finish perspective, comparing the January average rate of 10.7636 to the December average rate of 10.6535, the exchange rate registered a net change of -1.02% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2016 high of 11.0171 was down 0.34% compared to the 2015 peak of 11.0541, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 EUR based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2016.
EUR to MAD Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 10.8810, compared to 10.8149 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0660 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2016 was November, with a trading range of 0.2821 MAD (High: 10.9095 / Low: 10.6274). On the other end, September was the most stable month, with a tight range of 0.0916 MAD (High: 10.9449 / Low: 10.8533).
Growth Streaks & Declines
TrendsBetween January and April, 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 November and December, when the average rate fell by 0.0954 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (May 2016: 10.9239) against the same month in 2015 (average: 10.8528), the exchange rate shifted by +0.0711 (+0.66%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 10.8211 | 10.7043 | 10.7636 |
| February | 10.9438 | 10.7534 | 10.8575 |
| March | 10.9735 | 10.7572 | 10.8719 |
| April | 11.0018 | 10.8858 | 10.9503 |
| May | 11.0171 | 10.8014 | 10.9239 |
| June | 11.0014 | 10.8117 | 10.9187 |
| July | 10.9133 | 10.7968 | 10.8532 |
| August | 10.9636 | 10.8593 | 10.8985 |
| September | 10.9449 | 10.8533 | 10.8976 |
| October | 10.9180 | 10.7635 | 10.8377 |
| November | 10.9095 | 10.6274 | 10.7489 |
| December | 10.7471 | 10.5728 | 10.6535 |