2016 MAD to BWP Historical Review

YEARLY HIGH

1.1823 BWP

YEARLY LOW

1.0520 BWP

YEARLY AVERAGE

1.1114 BWP

2016 MAD to BWP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the MAD to BWP exchange rate experienced significant fluctuation. The market reached its absolute peak on January 20, valuing the pair at 1.1823. Conversely, the yearly low was recorded on December 13, dropping to 1.0520.

This high-to-low spread represents a total annual volatility of 0.1303 BWP. From a start-to-finish perspective, comparing the January average rate of 1.1629 to the December average rate of 1.0620, the exchange rate registered a net change of -8.68% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 1.1823 was up 2.81% compared to the 2015 peak of 1.1500, 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 5,912 BWP

2015 Average 5,196 BWP

Yearly Trough Low 5,260 BWP

Transaction Impact: A difference of 651.62 BWP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

1.1729

1.0519

JanuMarcMayJulySeptNove

MAD to BWP 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 1.1410, compared to 1.0819 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0591 points.

H1 Avg (Jan–Jun) 1.1410

H2 Avg (Jul–Dec) 1.0819

Volatility Range Comparison

Volatility

The most volatile month in 2016 was May, with a trading range of 0.0518 BWP (High: 1.1555 / Low: 1.1037). On the other end, December was the most stable month, with a tight range of 0.0208 BWP (High: 1.0728 / Low: 1.0520).

May Spread (Volatile) ±0.0518

December Spread (Stable) ±0.0208

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2016. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.0318 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0318

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2016: 1.1629) against the same month in 2015 (average: 1.0237), the exchange rate shifted by +0.1391 (+13.59%).

2016 Avg (January) 1.1629

2015 Avg (January) 1.0237

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.1823	1.1330	1.1629
February	1.1713	1.1266	1.1536
March	1.1694	1.1262	1.1423
April	1.1448	1.0998	1.1186
May	1.1555	1.1037	1.1372
June	1.1529	1.1091	1.1314
July	1.1158	1.0872	1.0996
August	1.1061	1.0606	1.0786
September	1.1230	1.0714	1.0938
October	1.0994	1.0661	1.0827
November	1.0917	1.0594	1.0747
December	1.0728	1.0520	1.0620