2016 MAD to GNF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2016.
2016 MAD to GNF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2016
During 2016, the MAD to GNF exchange rate experienced significant fluctuation. The market reached its absolute peak on September 10, valuing the pair at 942.9792. Conversely, the yearly low was recorded on May 27, dropping to 752.1648.
This high-to-low spread represents a total annual volatility of 190.8144 GNF. From a start-to-finish perspective, comparing the January average rate of 780.9155 to the December average rate of 917.5142, the exchange rate registered a net change of 17.49% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2016 high of 942.9792 was up 17.36% compared to the 2015 peak of 803.4861, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 MAD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2016.
MAD to GNF Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 783.0849, compared to 922.5516 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 139.4668 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2016 was June, with a trading range of 164.5213 GNF (High: 917.1216 / Low: 752.6004). On the other end, April was the most stable month, with a tight range of 10.9611 GNF (High: 789.9960 / Low: 779.0348).
Growth Streaks & Declines
TrendsBetween 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 April and May, when the average rate fell by 20.4030 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (September 2016: 934.6693) against the same month in 2015 (average: 752.1851), the exchange rate shifted by +182.4842 (+24.26%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 787.1082 | 773.7468 | 780.9155 |
| February | 799.6418 | 771.6232 | 787.6166 |
| March | 792.6614 | 771.6942 | 780.4648 |
| April | 789.9960 | 779.0348 | 785.3444 |
| May | 788.7211 | 752.1648 | 764.9414 |
| June | 917.1216 | 752.6004 | 799.2267 |
| July | 921.0611 | 900.1027 | 912.7728 |
| August | 937.1064 | 914.7243 | 929.7854 |
| September | 942.9792 | 923.3714 | 934.6693 |
| October | 939.0075 | 915.4408 | 924.9579 |
| November | 936.1532 | 895.9164 | 915.6102 |
| December | 934.5981 | 903.0059 | 917.5142 |