2016 QAR to MAD Historical Review

YEARLY HIGH

2.8039 MAD

YEARLY LOW

2.6253 MAD

YEARLY AVERAGE

2.6922 MAD

2016 QAR to MAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the QAR to MAD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 20, valuing the pair at 2.8039. Conversely, the yearly low was recorded on May 2, dropping to 2.6253.

This high-to-low spread represents a total annual volatility of 0.1786 MAD. From a start-to-finish perspective, comparing the January average rate of 2.7202 to the December average rate of 2.7773, the exchange rate registered a net change of 2.10% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 2.8039 was up 0.77% compared to the 2015 peak of 2.7823, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 14,019 MAD

2015 Average 13,389 MAD

Yearly Trough Low 13,127 MAD

Transaction Impact: A difference of 892.82 MAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

2.7899

2.6395

JanuMarcMayJulySeptNove

QAR 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 2.6767, compared to 2.7076 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0309 points.

H1 Avg (Jan–Jun) 2.6767

H2 Avg (Jul–Dec) 2.7076

Volatility Range Comparison

Volatility

The most volatile month in 2016 was November, with a trading range of 0.0838 MAD (High: 2.7720 / Low: 2.6882). On the other end, September was the most stable month, with a tight range of 0.0203 MAD (High: 2.6795 / Low: 2.6592).

November Spread (Volatile) ±0.0838

September Spread (Stable) ±0.0203

Growth Streaks & Declines

Trends

Between April and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0355 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0355

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2016: 2.7773) against the same month in 2015 (average: 2.7173), the exchange rate shifted by +0.0601 (+2.21%).

2016 Avg (December) 2.7773

2015 Avg (December) 2.7173

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.7381	2.6965	2.7202
February	2.7202	2.6471	2.6847
March	2.7215	2.6432	2.6796
April	2.6644	2.6381	2.6520
May	2.6824	2.6253	2.6569
June	2.6953	2.6462	2.6670
July	2.7052	2.6805	2.6928
August	2.6906	2.6429	2.6719
September	2.6795	2.6592	2.6697
October	2.7232	2.6663	2.6972
November	2.7720	2.6882	2.7369
December	2.8039	2.7403	2.7773