2016 NGN to MAD Historical Review

YEARLY HIGH

0.0501 MAD

YEARLY LOW

0.0278 MAD

YEARLY AVERAGE

0.0400 MAD

2016 NGN to MAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the NGN to MAD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 6, valuing the pair at 0.0501. Conversely, the yearly low was recorded on August 22, dropping to 0.0278.

This high-to-low spread represents a total annual volatility of 0.0223 MAD. From a start-to-finish perspective, comparing the January average rate of 0.0498 to the December average rate of 0.0321, the exchange rate registered a net change of -35.44% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.0501 was down 2.67% compared to the 2015 peak of 0.0515, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 1,000,000 NGN based on timing:

Yearly Peak High 50,083 MAD

2015 Average 49,279 MAD

Yearly Trough Low 27,805 MAD

Transaction Impact: A difference of 22,278.51 MAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.0517

0.0282

JanuMarcMayJulySeptNove

NGN to MAD 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 0.0482, compared to 0.0317 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0166 points.

H1 Avg (Jan–Jun) 0.0482

H2 Avg (Jul–Dec) 0.0317

Volatility Range Comparison

Volatility

The most volatile month in 2016 was June, with a trading range of 0.0149 MAD (High: 0.0490 / Low: 0.0341). On the other end, April was the most stable month, with a tight range of 0.0005 MAD (High: 0.0487 / Low: 0.0482).

June Spread (Volatile) ±0.0149

April Spread (Stable) ±0.0005

Growth Streaks & Declines

Trends

Between August and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.0108 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0108

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2016: 0.0498) against the same month in 2015 (average: 0.0504), the exchange rate shifted by -0.0006 (-1.19%).

2016 Avg (January) 0.0498

2015 Avg (January) 0.0504

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0501	0.0494	0.0498
February	0.0498	0.0484	0.0491
March	0.0498	0.0483	0.0490
April	0.0487	0.0482	0.0485
May	0.0491	0.0480	0.0486
June	0.0490	0.0341	0.0444
July	0.0348	0.0305	0.0336
August	0.0313	0.0278	0.0302
September	0.0313	0.0308	0.0311
October	0.0316	0.0309	0.0314
November	0.0322	0.0312	0.0318
December	0.0331	0.0317	0.0321