2016 NPR to MAD Historical Review

YEARLY HIGH

0.0939 MAD

YEARLY LOW

0.0883 MAD

YEARLY AVERAGE

0.0912 MAD

2016 NPR to MAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the NPR to MAD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 20, valuing the pair at 0.0939. Conversely, the yearly low was recorded on February 14, dropping to 0.0883.

This high-to-low spread represents a total annual volatility of 0.0056 MAD. From a start-to-finish perspective, comparing the January average rate of 0.0920 to the December average rate of 0.0932, the exchange rate registered a net change of 1.22% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.0939 was down 6.86% compared to the 2015 peak of 0.1008, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 470 MAD

2015 Average 475 MAD

Yearly Trough Low 441 MAD

Transaction Impact: A difference of 28.04 MAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.0935

0.0892

JanuMarcMayJulySeptNove

NPR 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 0.0907, compared to 0.0918 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0011 points.

H1 Avg (Jan–Jun) 0.0907

H2 Avg (Jul–Dec) 0.0918

Volatility Range Comparison

Volatility

The most volatile month in 2016 was January, with a trading range of 0.0029 MAD (High: 0.0936 / Low: 0.0906). On the other end, September was the most stable month, with a tight range of 0.0008 MAD (High: 0.0914 / Low: 0.0906).

January Spread (Volatile) ±0.0029

September Spread (Stable) ±0.0008

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 January and February, when the average rate fell by 0.0025 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0025

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2016: 0.0932) against the same month in 2015 (average: 0.0932), the exchange rate shifted by -0.0000 (-0.01%).

2016 Avg (December) 0.0932

2015 Avg (December) 0.0932

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0936	0.0906	0.0920
February	0.0912	0.0883	0.0896
March	0.0916	0.0905	0.0911
April	0.0913	0.0904	0.0908
May	0.0911	0.0898	0.0904
June	0.0907	0.0896	0.0902
July	0.0917	0.0906	0.0912
August	0.0918	0.0898	0.0909
September	0.0914	0.0906	0.0910
October	0.0928	0.0912	0.0921
November	0.0929	0.0917	0.0922
December	0.0939	0.0916	0.0932