2016 NOK to MAD Historical Review

YEARLY HIGH

1.2184 MAD

YEARLY LOW

1.1043 MAD

YEARLY AVERAGE

1.1675 MAD

2016 NOK to MAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the NOK to MAD exchange rate experienced significant fluctuation. The market reached its absolute peak on October 3, valuing the pair at 1.2184. Conversely, the yearly low was recorded on January 11, dropping to 1.1043.

This high-to-low spread represents a total annual volatility of 0.1142 MAD. From a start-to-finish perspective, comparing the January average rate of 1.1244 to the December average rate of 1.1798, the exchange rate registered a net change of 4.93% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 1.2184 was down 6.90% compared to the 2015 peak of 1.3087, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 NOK based on timing:

Yearly Peak High 6,092 MAD

2015 Average 6,053 MAD

Yearly Trough Low 5,521 MAD

Transaction Impact: A difference of 570.92 MAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

1.2111

1.1165

JanuMarcMayJulySeptNove

NOK 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 1.1551, compared to 1.1799 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0247 points.

H1 Avg (Jan–Jun) 1.1551

H2 Avg (Jul–Dec) 1.1799

Volatility Range Comparison

Volatility

The most volatile month in 2016 was September, with a trading range of 0.0467 MAD (High: 1.2151 / Low: 1.1684). On the other end, February was the most stable month, with a tight range of 0.0194 MAD (High: 1.1423 / Low: 1.1229).

September Spread (Volatile) ±0.0467

February Spread (Stable) ±0.0194

Growth Streaks & Declines

Trends

Between January and May, 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 October and November, when the average rate fell by 0.0198 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0198

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2016: 1.2032) against the same month in 2015 (average: 1.1745), the exchange rate shifted by +0.0287 (+2.44%).

2016 Avg (October) 1.2032

2015 Avg (October) 1.1745

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.1444	1.1043	1.1244
February	1.1423	1.1229	1.1361
March	1.1636	1.1433	1.1525
April	1.1912	1.1563	1.1738
May	1.1916	1.1645	1.1744
June	1.1879	1.1487	1.1697
July	1.1758	1.1474	1.1581
August	1.1878	1.1500	1.1714
September	1.2151	1.1684	1.1834
October	1.2184	1.1924	1.2032
November	1.2010	1.1724	1.1834
December	1.1951	1.1654	1.1798