2016 ZAR to MAD Historical Review

YEARLY HIGH

0.7438 MAD

YEARLY LOW

0.5865 MAD

YEARLY AVERAGE

0.6689 MAD

2016 ZAR to MAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the ZAR to MAD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 29, valuing the pair at 0.7438. Conversely, the yearly low was recorded on January 17, dropping to 0.5865.

This high-to-low spread represents a total annual volatility of 0.1573 MAD. From a start-to-finish perspective, comparing the January average rate of 0.6088 to the December average rate of 0.7295, the exchange rate registered a net change of 19.82% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.7438 was down 11.97% compared to the 2015 peak of 0.8449, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 50,000 ZAR based on timing:

Yearly Peak High 37,191 MAD

2015 Average 38,391 MAD

Yearly Trough Low 29,326 MAD

Transaction Impact: A difference of 7,864.81 MAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.7416

0.5968

JanuMarcMayJulySeptNove

ZAR 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 0.6334, compared to 0.7044 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0709 points.

H1 Avg (Jan–Jun) 0.6334

H2 Avg (Jul–Dec) 0.7044

Volatility Range Comparison

Volatility

The most volatile month in 2016 was August, with a trading range of 0.0652 MAD (High: 0.7310 / Low: 0.6657). On the other end, December was the most stable month, with a tight range of 0.0306 MAD (High: 0.7438 / Low: 0.7132).

August Spread (Volatile) ±0.0652

December Spread (Stable) ±0.0306

Growth Streaks & Declines

Trends

Between January and April, 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 April and May, when the average rate fell by 0.0287 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0287

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2016: 0.7295) against the same month in 2015 (average: 0.6579), the exchange rate shifted by +0.0716 (+10.88%).

2016 Avg (December) 0.7295

2015 Avg (December) 0.6579

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.6404	0.5865	0.6088
February	0.6444	0.6034	0.6189
March	0.6527	0.6178	0.6354
April	0.6789	0.6325	0.6611
May	0.6761	0.6180	0.6324
June	0.6703	0.6227	0.6441
July	0.7028	0.6629	0.6811
August	0.7310	0.6657	0.7069
September	0.7193	0.6678	0.6905
October	0.7275	0.6874	0.7053
November	0.7407	0.6929	0.7131
December	0.7438	0.7132	0.7295