2016 BAM to MKD Historical Review

YEARLY HIGH

32.1579 MKD

YEARLY LOW

31.1608 MKD

YEARLY AVERAGE

31.4754 MKD

2016 BAM to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the BAM to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on May 2, valuing the pair at 32.1579. Conversely, the yearly low was recorded on December 4, dropping to 31.1608.

This high-to-low spread represents a total annual volatility of 0.9970 MKD. From a start-to-finish perspective, comparing the January average rate of 31.4863 to the December average rate of 31.4434, the exchange rate registered a net change of -0.14% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 32.1579 was up 1.42% compared to the 2015 peak of 31.7080, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 160,789 MKD

2015 Average 157,210 MKD

Yearly Trough Low 155,804 MKD

Transaction Impact: A difference of 4,985.18 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

31.5672

31.4193

JanuMarcMayJulySeptNove

BAM 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 31.5057, compared to 31.4452 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0605 points.

H1 Avg (Jan–Jun) 31.5057

H2 Avg (Jul–Dec) 31.4452

Volatility Range Comparison

Volatility

The most volatile month in 2016 was May, with a trading range of 0.7099 MKD (High: 32.1579 / Low: 31.4479). On the other end, October was the most stable month, with a tight range of 0.0625 MKD (High: 31.4702 / Low: 31.4077).

May Spread (Volatile) ±0.7099

October Spread (Stable) ±0.0625

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 May and June, when the average rate fell by 0.0575 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0575

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2016: 31.5340) against the same month in 2015 (average: 31.4783), the exchange rate shifted by +0.0558 (+0.18%).

2016 Avg (May) 31.5340

2015 Avg (May) 31.4783

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	31.5369	31.4231	31.4863
February	31.5379	31.4438	31.4898
March	31.6398	31.4574	31.4925
April	32.0872	31.4595	31.5549
May	32.1579	31.4479	31.5340
June	31.5633	31.3223	31.4765
July	31.4640	31.3927	31.4405
August	31.5399	31.3958	31.4552
September	31.6090	31.3868	31.4652
October	31.4702	31.4077	31.4354
November	31.4804	31.3852	31.4316
December	31.5094	31.1608	31.4434