2016 MAD to LTL Historical Review

YEARLY HIGH

0.3265 LTL

YEARLY LOW

0.3110 LTL

YEARLY AVERAGE

0.3148 LTL

2016 MAD to LTL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the MAD to LTL exchange rate experienced significant fluctuation. The market reached its absolute peak on December 18, valuing the pair at 0.3265. Conversely, the yearly low was recorded on February 22, dropping to 0.3110.

This high-to-low spread represents a total annual volatility of 0.0155 LTL. From a start-to-finish perspective, comparing the January average rate of 0.3140 to the December average rate of 0.3240, the exchange rate registered a net change of 3.19% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.3265 was up 2.30% compared to the 2015 peak of 0.3191, 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 1,632 LTL

2015 Average 1,551 LTL

Yearly Trough Low 1,555 LTL

Transaction Impact: A difference of 77.52 LTL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.3251

0.3118

JanuMarcMayJulySeptNove

MAD to LTL 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 0.3136, compared to 0.3161 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0025 points.

H1 Avg (Jan–Jun) 0.3136

H2 Avg (Jul–Dec) 0.3161

Volatility Range Comparison

Volatility

The most volatile month in 2016 was November, with a trading range of 0.0109 LTL (High: 0.3238 / Low: 0.3130). On the other end, April was the most stable month, with a tight range of 0.0016 LTL (High: 0.3141 / Low: 0.3125).

November Spread (Volatile) ±0.0109

April Spread (Stable) ±0.0016

Growth Streaks & Declines

Trends

Between September and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.0010 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0010

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2016: 0.3240) against the same month in 2015 (average: 0.3140), the exchange rate shifted by +0.0100 (+3.18%).

2016 Avg (December) 0.3240

2015 Avg (December) 0.3140

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.3160	0.3110	0.3140
February	0.3162	0.3110	0.3138
March	0.3162	0.3122	0.3140
April	0.3141	0.3125	0.3132
May	0.3148	0.3118	0.3131
June	0.3159	0.3115	0.3134
July	0.3160	0.3138	0.3145
August	0.3156	0.3121	0.3139
September	0.3153	0.3116	0.3129
October	0.3147	0.3110	0.3134
November	0.3238	0.3130	0.3179
December	0.3265	0.3214	0.3240