2016 SHP to MAD Historical Review

YEARLY HIGH

14.6375 MAD

YEARLY LOW

11.9762 MAD

YEARLY AVERAGE

13.2814 MAD

2016 SHP to MAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the SHP to MAD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 2, valuing the pair at 14.6375. Conversely, the yearly low was recorded on October 12, dropping to 11.9762.

This high-to-low spread represents a total annual volatility of 2.6613 MAD. From a start-to-finish perspective, comparing the January average rate of 14.2696 to the December average rate of 12.6171, the exchange rate registered a net change of -11.58% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 14.6375 was down 5.25% compared to the 2015 peak of 15.4489, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 73,188 MAD

2015 Average 74,502 MAD

Yearly Trough Low 59,881 MAD

Transaction Impact: A difference of 13,306.63 MAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

14.4836

11.9151

JanuMarcMayJulySeptNove

SHP 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 13.9687, compared to 12.5942 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.3745 points.

H1 Avg (Jan–Jun) 13.9687

H2 Avg (Jul–Dec) 12.5942

Volatility Range Comparison

Volatility

The most volatile month in 2016 was June, with a trading range of 1.4587 MAD (High: 14.4341 / Low: 12.9754). On the other end, March was the most stable month, with a tight range of 0.3307 MAD (High: 14.0593 / Low: 13.7286).

June Spread (Volatile) ±1.4587

March Spread (Stable) ±0.3307

Growth Streaks & Declines

Trends

Between October and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.8931 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.8931

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2016: 14.2696) against the same month in 2015 (average: 14.1966), the exchange rate shifted by +0.0730 (+0.51%).

2016 Avg (January) 14.2696

2015 Avg (January) 14.1966

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	14.6375	13.9929	14.2696
February	14.3022	13.6885	13.9888
March	14.0593	13.7286	13.9183
April	14.1190	13.5443	13.8119
May	14.3186	13.8658	14.0337
June	14.4341	12.9754	13.7898
July	13.0688	12.6354	12.8967
August	13.0023	12.5517	12.7342
September	13.0560	12.5963	12.7802
October	12.6061	11.9762	12.1292
November	12.6057	12.0380	12.4076
December	12.7707	12.4172	12.6171