2016 KPW to MAD Historical Review

YEARLY HIGH

0.0113 MAD

YEARLY LOW

0.0106 MAD

YEARLY AVERAGE

0.0109 MAD

2016 KPW to MAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the KPW to MAD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 20, valuing the pair at 0.0113. Conversely, the yearly low was recorded on May 3, dropping to 0.0106.

This high-to-low spread represents a total annual volatility of 0.0007 MAD. From a start-to-finish perspective, comparing the January average rate of 0.0110 to the December average rate of 0.0112, the exchange rate registered a net change of 2.10% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.0113 was up 0.77% compared to the 2015 peak of 0.0113, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 57 MAD

2015 Average 54 MAD

Yearly Trough Low 53 MAD

Transaction Impact: A difference of 3.62 MAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.0113

0.0107

JanuMarcMayJulySeptNove

KPW 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 0.0108, compared to 0.0110 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0108

H2 Avg (Jul–Dec) 0.0110

Volatility Range Comparison

Volatility

The most volatile month in 2016 was November, with a trading range of 0.0003 MAD (High: 0.0112 / Low: 0.0109). On the other end, September was the most stable month, with a tight range of 0.0001 MAD (High: 0.0108 / Low: 0.0108).

November Spread (Volatile) ±0.0003

September Spread (Stable) ±0.0001

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 0.0001 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2016: 0.0112) against the same month in 2015 (average: 0.0110), the exchange rate shifted by +0.0002 (+2.23%).

2016 Avg (December) 0.0112

2015 Avg (December) 0.0110

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0111	0.0109	0.0110
February	0.0110	0.0107	0.0109
March	0.0110	0.0107	0.0108
April	0.0108	0.0107	0.0107
May	0.0109	0.0106	0.0107
June	0.0109	0.0107	0.0108
July	0.0109	0.0108	0.0109
August	0.0109	0.0107	0.0108
September	0.0108	0.0108	0.0108
October	0.0110	0.0108	0.0109
November	0.0112	0.0109	0.0111
December	0.0113	0.0111	0.0112