2016 MAD to SZL Historical Review

YEARLY HIGH

1.7014 SZL

YEARLY LOW

1.3475 SZL

YEARLY AVERAGE

1.5006 SZL

2016 MAD to SZL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the MAD to SZL exchange rate experienced significant fluctuation. The market reached its absolute peak on January 18, valuing the pair at 1.7014. Conversely, the yearly low was recorded on December 29, dropping to 1.3475.

This high-to-low spread represents a total annual volatility of 0.3538 SZL. From a start-to-finish perspective, comparing the January average rate of 1.6430 to the December average rate of 1.3724, the exchange rate registered a net change of -16.47% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 1.7014 was up 5.83% compared to the 2015 peak of 1.6076, 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 SZL

2015 Average 6,548 SZL

Yearly Trough Low 6,738 SZL

Transaction Impact: A difference of 1,769.13 SZL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

1.6701

1.3454

JanuMarcMayJulySeptNove

MAD to SZL 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 1.5805, compared to 1.4207 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1597 points.

H1 Avg (Jan–Jun) 1.5805

H2 Avg (Jul–Dec) 1.4207

Volatility Range Comparison

Volatility

The most volatile month in 2016 was May, with a trading range of 0.1394 SZL (High: 1.6175 / Low: 1.4781). On the other end, December was the most stable month, with a tight range of 0.0502 SZL (High: 1.3978 / Low: 1.3475).

May Spread (Volatile) ±0.1394

December Spread (Stable) ±0.0502

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 0.0845 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0845

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2016: 1.6430) against the same month in 2015 (average: 1.2355), the exchange rate shifted by +0.4076 (+32.99%).

2016 Avg (January) 1.6430

2015 Avg (January) 1.2355

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.7014	1.5626	1.6430
February	1.6572	1.5525	1.6166
March	1.6177	1.5355	1.5747
April	1.5812	1.4720	1.5135
May	1.6175	1.4781	1.5820
June	1.6054	1.4934	1.5530
July	1.5083	1.4295	1.4685
August	1.4809	1.3679	1.4133
September	1.5002	1.3939	1.4483
October	1.4557	1.3765	1.4186
November	1.4447	1.3552	1.4032
December	1.3978	1.3475	1.3724