YEARLY HIGH
0.0975 MAD
YEARLY LOW
0.0912 MAD
YEARLY AVERAGE
0.0936 MAD

2016 PKR to MAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the PKR to MAD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 20, valuing the pair at 0.0975. Conversely, the yearly low was recorded on May 2, dropping to 0.0912.

This high-to-low spread represents a total annual volatility of 0.0063 MAD. From a start-to-finish perspective, comparing the January average rate of 0.0944 to the December average rate of 0.0965, the exchange rate registered a net change of 2.21% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.0975 was down 2.06% compared to the 2015 peak of 0.0995, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 500,000 PKR based on timing:

Yearly Peak High 48,745 MAD
2015 Average 47,451 MAD
Yearly Trough Low 45,599 MAD
Transaction Impact: A difference of 3,145.29 MAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.0969
0.0918
JanuMarcMayJulySeptNove

PKR 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 0.0931, compared to 0.0942 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) 0.0931
H2 Avg (Jul–Dec) 0.0942

Volatility Range Comparison

Volatility

The most volatile month in 2016 was November, with a trading range of 0.0028 MAD (High: 0.0963 / Low: 0.0935). On the other end, September was the most stable month, with a tight range of 0.0007 MAD (High: 0.0934 / Low: 0.0927).

November Spread (Volatile) ±0.0028
September Spread (Stable) ±0.0007

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 March and April, when the average rate fell by 0.0010 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0010

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2016: 0.0965) against the same month in 2015 (average: 0.0944), the exchange rate shifted by +0.0021 (+2.19%).

2016 Avg (December) 0.0965
2015 Avg (December) 0.0944

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0950 0.0938 0.0944
February 0.0944 0.0923 0.0934
March 0.0946 0.0920 0.0932
April 0.0926 0.0916 0.0922
May 0.0933 0.0912 0.0923
June 0.0938 0.0921 0.0928
July 0.0940 0.0929 0.0936
August 0.0937 0.0919 0.0929
September 0.0934 0.0927 0.0930
October 0.0946 0.0930 0.0939
November 0.0963 0.0935 0.0951
December 0.0975 0.0954 0.0965