2016 SYP to MAD Historical Review

YEARLY HIGH

0.0479 MAD

YEARLY LOW

0.0435 MAD

YEARLY AVERAGE

0.0452 MAD

2016 SYP to MAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the SYP to MAD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 20, valuing the pair at 0.0479. Conversely, the yearly low was recorded on May 2, dropping to 0.0435.

This high-to-low spread represents a total annual volatility of 0.0043 MAD. From a start-to-finish perspective, comparing the January average rate of 0.0450 to the December average rate of 0.0474, the exchange rate registered a net change of 5.18% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.0479 was down 9.95% compared to the 2015 peak of 0.0532, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 239 MAD

2015 Average 251 MAD

Yearly Trough Low 218 MAD

Transaction Impact: A difference of 21.66 MAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.0477

0.0436

JanuMarcMayJulySeptNove

SYP 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 0.0444, compared to 0.0460 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0016 points.

H1 Avg (Jan–Jun) 0.0444

H2 Avg (Jul–Dec) 0.0460

Volatility Range Comparison

Volatility

The most volatile month in 2016 was November, with a trading range of 0.0015 MAD (High: 0.0472 / Low: 0.0457). On the other end, September was the most stable month, with a tight range of 0.0004 MAD (High: 0.0455 / Low: 0.0452).

November Spread (Volatile) ±0.0015

September Spread (Stable) ±0.0004

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 0.0005 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0005

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2016: 0.0474) against the same month in 2015 (average: 0.0448), the exchange rate shifted by +0.0025 (+5.61%).

2016 Avg (December) 0.0474

2015 Avg (December) 0.0448

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0453	0.0446	0.0450
February	0.0450	0.0439	0.0445
March	0.0451	0.0438	0.0444
April	0.0442	0.0437	0.0440
May	0.0445	0.0435	0.0441
June	0.0452	0.0439	0.0443
July	0.0457	0.0451	0.0454
August	0.0455	0.0448	0.0453
September	0.0455	0.0452	0.0454
October	0.0463	0.0454	0.0459
November	0.0472	0.0457	0.0466
December	0.0479	0.0467	0.0474