2016 CAD to MKD Historical Review

YEARLY HIGH

44.3810 MKD

YEARLY LOW

38.7134 MKD

YEARLY AVERAGE

42.0126 MKD

2016 CAD to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the CAD to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 11, valuing the pair at 44.3810. Conversely, the yearly low was recorded on January 17, dropping to 38.7134.

This high-to-low spread represents a total annual volatility of 5.6676 MKD. From a start-to-finish perspective, comparing the January average rate of 39.9544 to the December average rate of 43.7323, the exchange rate registered a net change of 9.46% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 44.3810 was down 5.26% compared to the 2015 peak of 46.8457, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 221,905 MKD

2015 Average 217,024 MKD

Yearly Trough Low 193,567 MKD

Transaction Impact: A difference of 28,337.76 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

44.1101

39.5766

JanuMarcMayJulySeptNove

CAD 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 41.5183, compared to 42.5069 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.9886 points.

H1 Avg (Jan–Jun) 41.5183

H2 Avg (Jul–Dec) 42.5069

Volatility Range Comparison

Volatility

The most volatile month in 2016 was February, with a trading range of 2.6295 MKD (High: 41.7623 / Low: 39.1328). On the other end, August was the most stable month, with a tight range of 0.6837 MKD (High: 42.5973 / Low: 41.9135).

February Spread (Volatile) ±2.6295

August Spread (Stable) ±0.6837

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 July and August, when the average rate fell by 0.3877 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.3877

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2016: 43.7323) against the same month in 2015 (average: 41.1719), the exchange rate shifted by +2.5604 (+6.22%).

2016 Avg (December) 43.7323

2015 Avg (December) 41.1719

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	40.9116	38.7134	39.9544
February	41.7623	39.1328	40.2270
March	42.1812	41.4116	41.8513
April	43.7199	41.1830	42.4279
May	43.6091	41.7713	42.1784
June	42.8270	41.9714	42.4709
July	42.9582	42.1932	42.6520
August	42.5973	41.9135	42.2643
September	42.6910	41.3997	41.9607
October	42.6937	41.3978	42.0691
November	43.2024	41.2565	42.3631
December	44.3810	43.1497	43.7323