2016 ANG to MKD Historical Review

YEARLY HIGH

33.3637 MKD

YEARLY LOW

29.9973 MKD

YEARLY AVERAGE

31.2165 MKD

2016 ANG to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the ANG to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 20, valuing the pair at 33.3637. Conversely, the yearly low was recorded on May 4, dropping to 29.9973.

This high-to-low spread represents a total annual volatility of 3.3664 MKD. From a start-to-finish perspective, comparing the January average rate of 31.6806 to the December average rate of 32.8740, the exchange rate registered a net change of 3.77% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 33.3637 was up 1.69% compared to the 2015 peak of 32.8081, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 166,819 MKD

2015 Average 154,996 MKD

Yearly Trough Low 149,987 MKD

Transaction Impact: A difference of 16,832.12 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

33.1176

30.1943

JanuMarcMayJulySeptNove

ANG to MKD 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 30.8627, compared to 31.5702 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.7074 points.

H1 Avg (Jan–Jun) 30.8627

H2 Avg (Jul–Dec) 31.5702

Volatility Range Comparison

Volatility

The most volatile month in 2016 was November, with a trading range of 1.6631 MKD (High: 32.7742 / Low: 31.1112). On the other end, September was the most stable month, with a tight range of 0.2394 MKD (High: 31.0379 / Low: 30.7985).

November Spread (Volatile) ±1.6631

September Spread (Stable) ±0.2394

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 0.6749 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.6749

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2016: 32.8740) against the same month in 2015 (average: 31.5555), the exchange rate shifted by +1.3185 (+4.18%).

2016 Avg (December) 32.8740

2015 Avg (December) 31.5555

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	31.9526	31.5133	31.6806
February	31.6165	30.4486	31.0057
March	31.6819	30.3274	30.9319
April	30.6748	30.2151	30.4379
May	30.9682	29.9973	30.5178
June	31.1883	30.1470	30.6025
July	31.5320	30.9408	31.2232
August	31.3273	30.5634	30.9290
September	31.0379	30.7985	30.9256
October	31.8239	30.8110	31.3782
November	32.7742	31.1112	32.0910
December	33.3637	32.2016	32.8740