2016 KWD to MAD Historical Review

YEARLY HIGH

33.3618 MAD

YEARLY LOW

31.7620 MAD

YEARLY AVERAGE

32.4347 MAD

2016 KWD to MAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the KWD to MAD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 19, valuing the pair at 33.3618. Conversely, the yearly low was recorded on May 2, dropping to 31.7620.

This high-to-low spread represents a total annual volatility of 1.5997 MAD. From a start-to-finish perspective, comparing the January average rate of 32.5806 to the December average rate of 33.1012, the exchange rate registered a net change of 1.60% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 33.3618 was down 1.15% compared to the 2015 peak of 33.7503, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 166,809 MAD

2015 Average 161,946 MAD

Yearly Trough Low 158,810 MAD

Transaction Impact: A difference of 7,998.70 MAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

33.2106

31.8971

JanuMarcMayJulySeptNove

KWD 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 32.3107, compared to 32.5588 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2482 points.

H1 Avg (Jan–Jun) 32.3107

H2 Avg (Jul–Dec) 32.5588

Volatility Range Comparison

Volatility

The most volatile month in 2016 was March, with a trading range of 1.0020 MAD (High: 32.9467 / Low: 31.9448). On the other end, September was the most stable month, with a tight range of 0.2192 MAD (High: 32.3484 / Low: 32.1293).

March Spread (Volatile) ±1.0020

September Spread (Stable) ±0.2192

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 March and April, when the average rate fell by 0.3980 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.3980

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2016: 33.1012) against the same month in 2015 (average: 32.5884), the exchange rate shifted by +0.5128 (+1.57%).

2016 Avg (December) 33.1012

2015 Avg (December) 32.5884

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	32.8197	32.3068	32.5806
February	32.8945	32.3283	32.5985
March	32.9467	31.9448	32.4045
April	32.1462	31.8456	32.0065
May	32.3188	31.7620	32.0759
June	32.4917	31.9801	32.1979
July	32.5735	32.3039	32.4641
August	32.4459	31.9435	32.2614
September	32.3484	32.1293	32.2547
October	32.7789	32.2124	32.4735
November	33.1087	32.3696	32.7978
December	33.3618	32.7154	33.1012