2016 MAD to KES Historical Review

YEARLY HIGH

10.5777 KES

YEARLY LOW

10.0192 KES

YEARLY AVERAGE

10.3566 KES

2016 MAD to KES Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the MAD to KES exchange rate experienced significant fluctuation. The market reached its absolute peak on May 2, valuing the pair at 10.5777. Conversely, the yearly low was recorded on December 20, dropping to 10.0192.

This high-to-low spread represents a total annual volatility of 0.5584 KES. From a start-to-finish perspective, comparing the January average rate of 10.3324 to the December average rate of 10.1035, the exchange rate registered a net change of -2.22% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 10.5777 was down 3.62% compared to the 2015 peak of 10.9753, 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 52,888 KES

2015 Average 50,383 KES

Yearly Trough Low 50,096 KES

Transaction Impact: A difference of 2,792.24 KES purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

10.5233

10.0653

JanuMarcMayJulySeptNove

MAD to KES 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 10.4130, compared to 10.3002 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1127 points.

H1 Avg (Jan–Jun) 10.4130

H2 Avg (Jul–Dec) 10.3002

Volatility Range Comparison

Volatility

The most volatile month in 2016 was March, with a trading range of 0.3019 KES (High: 10.5433 / Low: 10.2414). On the other end, September was the most stable month, with a tight range of 0.0739 KES (High: 10.4526 / Low: 10.3787).

March Spread (Volatile) ±0.3019

September Spread (Stable) ±0.0739

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 November and December, when the average rate fell by 0.1082 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.1082

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2016: 10.4163) against the same month in 2015 (average: 9.9033), the exchange rate shifted by +0.5129 (+5.18%).

2016 Avg (May) 10.4163

2015 Avg (May) 9.9033

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	10.3770	10.2561	10.3324
February	10.5727	10.3179	10.4299
March	10.5433	10.2414	10.3978
April	10.5428	10.4326	10.4851
May	10.5777	10.3106	10.4163
June	10.4970	10.3166	10.4164
July	10.3854	10.2843	10.3316
August	10.5299	10.3459	10.4234
September	10.4526	10.3787	10.4151
October	10.4275	10.2241	10.3163
November	10.3872	10.0934	10.2116
December	10.2088	10.0192	10.1035