2016 KES to MAD Historical Review

YEARLY HIGH

0.0998 MAD

YEARLY LOW

0.0945 MAD

YEARLY AVERAGE

0.0966 MAD

2016 KES to MAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the KES to MAD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 20, valuing the pair at 0.0998. Conversely, the yearly low was recorded on May 2, dropping to 0.0945.

This high-to-low spread represents a total annual volatility of 0.0053 MAD. From a start-to-finish perspective, comparing the January average rate of 0.0968 to the December average rate of 0.0990, the exchange rate registered a net change of 2.27% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.0998 was down 9.61% compared to the 2015 peak of 0.1104, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 499 MAD

2015 Average 497 MAD

Yearly Trough Low 473 MAD

Transaction Impact: A difference of 26.35 MAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.0993

0.0950

JanuMarcMayJulySeptNove

KES 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 0.0960, compared to 0.0971 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0011 points.

H1 Avg (Jan–Jun) 0.0960

H2 Avg (Jul–Dec) 0.0971

Volatility Range Comparison

Volatility

The most volatile month in 2016 was November, with a trading range of 0.0028 MAD (High: 0.0991 / Low: 0.0963). On the other end, September was the most stable month, with a tight range of 0.0007 MAD (High: 0.0964 / Low: 0.0957).

November Spread (Volatile) ±0.0028

September Spread (Stable) ±0.0007

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 0.0009 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0009

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2016: 0.0990) against the same month in 2015 (average: 0.0968), the exchange rate shifted by +0.0022 (+2.23%).

2016 Avg (December) 0.0990

2015 Avg (December) 0.0968

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0975	0.0964	0.0968
February	0.0969	0.0946	0.0959
March	0.0976	0.0948	0.0962
April	0.0959	0.0949	0.0954
May	0.0970	0.0945	0.0960
June	0.0969	0.0953	0.0960
July	0.0972	0.0963	0.0968
August	0.0967	0.0950	0.0959
September	0.0964	0.0957	0.0960
October	0.0978	0.0959	0.0969
November	0.0991	0.0963	0.0979
December	0.0998	0.0980	0.0990