2016 MAD to NAD Historical Review

YEARLY HIGH

1.7014 NAD

YEARLY LOW

1.3458 NAD

YEARLY AVERAGE

1.5005 NAD

2016 MAD to NAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the MAD to NAD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 17, valuing the pair at 1.7014. Conversely, the yearly low was recorded on December 29, dropping to 1.3458.

This high-to-low spread represents a total annual volatility of 0.3556 NAD. From a start-to-finish perspective, comparing the January average rate of 1.6429 to the December average rate of 1.3714, the exchange rate registered a net change of -16.52% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 1.7014 was up 5.49% compared to the 2015 peak of 1.6128, 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 8,507 NAD

2015 Average 6,548 NAD

Yearly Trough Low 6,729 NAD

Transaction Impact: A difference of 1,778.07 NAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

1.6701

1.3443

JanuMarcMayJulySeptNove

MAD to NAD 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 1.5803, compared to 1.4206 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1596 points.

H1 Avg (Jan–Jun) 1.5803

H2 Avg (Jul–Dec) 1.4206

Volatility Range Comparison

Volatility

The most volatile month in 2016 was May, with a trading range of 0.1391 NAD (High: 1.6172 / Low: 1.4781). On the other end, December was the most stable month, with a tight range of 0.0519 NAD (High: 1.3977 / Low: 1.3458).

May Spread (Volatile) ±0.1391

December Spread (Stable) ±0.0519

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 0.0847 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0847

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2016: 1.6429) against the same month in 2015 (average: 1.2354), the exchange rate shifted by +0.4075 (+32.99%).

2016 Avg (January) 1.6429

2015 Avg (January) 1.2354

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.7014	1.5627	1.6429
February	1.6571	1.5527	1.6158
March	1.6177	1.5357	1.5747
April	1.5811	1.4720	1.5134
May	1.6172	1.4781	1.5820
June	1.6054	1.4925	1.5527
July	1.5082	1.4277	1.4681
August	1.4966	1.3685	1.4147
September	1.5002	1.3938	1.4475
October	1.4548	1.3762	1.4187
November	1.4437	1.3554	1.4035
December	1.3977	1.3458	1.3714