2016 MAD to BIF Historical Review

YEARLY HIGH

173.3450 BIF

YEARLY LOW

156.1914 BIF

YEARLY AVERAGE

164.9147 BIF

2016 MAD to BIF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the MAD to BIF exchange rate experienced significant fluctuation. The market reached its absolute peak on June 22, valuing the pair at 173.3450. Conversely, the yearly low was recorded on January 24, dropping to 156.1914.

This high-to-low spread represents a total annual volatility of 17.1536 BIF. From a start-to-finish perspective, comparing the January average rate of 157.6475 to the December average rate of 165.6783, the exchange rate registered a net change of 5.09% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 173.3450 was up 0.77% compared to the 2015 peak of 172.0127, 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 866,725 BIF

2015 Average 803,573 BIF

Yearly Trough Low 780,957 BIF

Transaction Impact: A difference of 85,768.04 BIF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

172.5618

156.2917

JanuMarcMayJulySeptNove

MAD to BIF 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 160.7755, compared to 169.0539 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 8.2784 points.

H1 Avg (Jan–Jun) 160.7755

H2 Avg (Jul–Dec) 169.0539

Volatility Range Comparison

Volatility

The most volatile month in 2016 was June, with a trading range of 14.1220 BIF (High: 173.3450 / Low: 159.2230). On the other end, September was the most stable month, with a tight range of 2.0252 BIF (High: 171.9241 / Low: 169.8989).

June Spread (Volatile) ±14.1220

September Spread (Stable) ±2.0252

Growth Streaks & Declines

Trends

Between January and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 2.1317 points.

Longest Streak 8 Mo.

Sharpest MoM Drop -2.1317

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2016: 165.3331) against the same month in 2015 (average: 161.5649), the exchange rate shifted by +3.7682 (+2.33%).

2016 Avg (June) 165.3331

2015 Avg (June) 161.5649

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	159.2681	156.1914	157.6475
February	161.1965	157.5999	159.5704
March	162.1918	157.6907	159.9884
April	162.3522	159.6216	160.9075
May	163.3838	159.3126	161.2061
June	173.3450	159.2230	165.3331
July	170.2329	167.9276	169.0578
August	172.7634	169.3063	170.8536
September	171.9241	169.8989	171.2059
October	171.6149	168.2265	169.7175
November	171.1991	165.6378	167.8100
December	168.0183	163.5704	165.6783