2016 MAD to SYP Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2016.
2016 MAD to SYP Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2016
During 2016, the MAD to SYP exchange rate experienced significant fluctuation. The market reached its absolute peak on May 2, valuing the pair at 22.9715. Conversely, the yearly low was recorded on December 20, dropping to 20.8927.
This high-to-low spread represents a total annual volatility of 2.0788 SYP. From a start-to-finish perspective, comparing the January average rate of 22.2102 to the December average rate of 21.1164, the exchange rate registered a net change of -4.92% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2016 high of 22.9715 was up 2.34% compared to the 2015 peak of 22.4452, 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 SYP 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 22.5313, compared to 21.7553 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.7759 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2016 was November, with a trading range of 0.7023 SYP (High: 21.8829 / Low: 21.1806). On the other end, September was the most stable month, with a tight range of 0.1772 SYP (High: 22.1318 / Low: 21.9547).
Growth Streaks & Declines
TrendsBetween 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 June and July, when the average rate fell by 0.5218 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (May 2016: 22.6859) against the same month in 2015 (average: 19.4188), the exchange rate shifted by +3.2671 (+16.82%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 22.4045 | 22.0795 | 22.2102 |
| February | 22.7929 | 22.2081 | 22.4855 |
| March | 22.8227 | 22.1825 | 22.5200 |
| April | 22.8615 | 22.6256 | 22.7352 |
| May | 22.9715 | 22.4479 | 22.6859 |
| June | 22.7561 | 22.1306 | 22.5508 |
| July | 22.1836 | 21.8912 | 22.0290 |
| August | 22.3348 | 21.9623 | 22.0939 |
| September | 22.1318 | 21.9547 | 22.0389 |
| October | 22.0383 | 21.5812 | 21.7895 |
| November | 21.8829 | 21.1806 | 21.4641 |
| December | 21.4227 | 20.8927 | 21.1164 |