2016 MAD to NGN Historical Review

YEARLY HIGH

35.9648 NGN

YEARLY LOW

19.9667 NGN

YEARLY AVERAGE

26.2308 NGN

2016 MAD to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the MAD to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on August 22, valuing the pair at 35.9648. Conversely, the yearly low was recorded on January 6, dropping to 19.9667.

This high-to-low spread represents a total annual volatility of 15.9982 NGN. From a start-to-finish perspective, comparing the January average rate of 20.0972 to the December average rate of 31.1342, the exchange rate registered a net change of 54.92% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 35.9648 was up 67.47% compared to the 2015 peak of 21.4760, 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 179,824 NGN

2015 Average 101,491 NGN

Yearly Trough Low 99,833 NGN

Transaction Impact: A difference of 79,990.78 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

34.4511

18.7923

JanuMarcMayJulySeptNove

MAD to NGN 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 20.8501, compared to 31.6114 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 10.7612 points.

H1 Avg (Jan–Jun) 20.8501

H2 Avg (Jul–Dec) 31.6114

Volatility Range Comparison

Volatility

The most volatile month in 2016 was June, with a trading range of 8.9104 NGN (High: 29.3008 / Low: 20.3904). On the other end, April was the most stable month, with a tight range of 0.2168 NGN (High: 20.7316 / Low: 20.5147).

June Spread (Volatile) ±8.9104

April Spread (Stable) ±0.2168

Growth Streaks & Declines

Trends

Between January and April, 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 0.9490 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.9490

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2016: 33.1462) against the same month in 2015 (average: 20.4139), the exchange rate shifted by +12.7323 (+62.37%).

2016 Avg (August) 33.1462

2015 Avg (August) 20.4139

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	20.2609	19.9667	20.0972
February	20.6633	20.0978	20.3527
March	20.6861	20.0785	20.3908
April	20.7316	20.5147	20.6131
May	20.8367	20.3707	20.5815
June	29.3008	20.3904	23.0655
July	32.7753	28.7423	29.8379
August	35.9648	31.9853	33.1462
September	32.4516	31.9102	32.1972
October	32.3138	31.6112	31.8639
November	32.0765	31.0204	31.4888
December	31.5773	30.2212	31.1342