2016 MAD to AZN Historical Review

YEARLY HIGH

0.1781 AZN

YEARLY LOW

0.1521 AZN

YEARLY AVERAGE

0.1636 AZN

2016 MAD to AZN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the MAD to AZN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 0.1781. Conversely, the yearly low was recorded on May 28, dropping to 0.1521.

This high-to-low spread represents a total annual volatility of 0.0259 AZN. From a start-to-finish perspective, comparing the January average rate of 0.1599 to the December average rate of 0.1752, the exchange rate registered a net change of 9.57% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.1781 was up 12.63% compared to the 2015 peak of 0.1581, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 890 AZN

2015 Average 523 AZN

Yearly Trough Low 761 AZN

Transaction Impact: A difference of 129.69 AZN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.1772

0.1531

JanuMarcMayJulySeptNove

MAD to AZN 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 0.1593, compared to 0.1678 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0085 points.

H1 Avg (Jan–Jun) 0.1593

H2 Avg (Jul–Dec) 0.1678

Volatility Range Comparison

Volatility

The most volatile month in 2016 was March, with a trading range of 0.0128 AZN (High: 0.1703 / Low: 0.1575). On the other end, September was the most stable month, with a tight range of 0.0035 AZN (High: 0.1710 / Low: 0.1674).

March Spread (Volatile) ±0.0128

September Spread (Stable) ±0.0035

Growth Streaks & Declines

Trends

Between May and September, 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 March and April, when the average rate fell by 0.0084 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0084

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2016: 0.1752) against the same month in 2015 (average: 0.1192), the exchange rate shifted by +0.0560 (+46.95%).

2016 Avg (December) 0.1752

2015 Avg (December) 0.1192

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1644	0.1568	0.1599
February	0.1648	0.1582	0.1617
March	0.1703	0.1575	0.1655
April	0.1588	0.1548	0.1571
May	0.1577	0.1521	0.1551
June	0.1594	0.1527	0.1566
July	0.1635	0.1578	0.1598
August	0.1705	0.1635	0.1670
September	0.1710	0.1674	0.1691
October	0.1678	0.1623	0.1647
November	0.1731	0.1680	0.1712
December	0.1781	0.1735	0.1752