2016 COP to MKD Historical Review

YEARLY HIGH

0.0198 MKD

YEARLY LOW

0.0160 MKD

YEARLY AVERAGE

0.0183 MKD

2016 COP to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the COP to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 21, valuing the pair at 0.0198. Conversely, the yearly low was recorded on February 11, dropping to 0.0160.

This high-to-low spread represents a total annual volatility of 0.0038 MKD. From a start-to-finish perspective, comparing the January average rate of 0.0173 to the December average rate of 0.0194, the exchange rate registered a net change of 12.22% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.0198 was down 15.24% compared to the 2015 peak of 0.0233, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 98,860 MKD

2015 Average 102,010 MKD

Yearly Trough Low 79,967 MKD

Transaction Impact: A difference of 18,893.24 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.0197

0.0162

JanuMarcMayJulySeptNove

COP 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 0.0177, compared to 0.0188 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0011 points.

H1 Avg (Jan–Jun) 0.0177

H2 Avg (Jul–Dec) 0.0188

Volatility Range Comparison

Volatility

The most volatile month in 2016 was April, with a trading range of 0.0017 MKD (High: 0.0191 / Low: 0.0175). On the other end, November was the most stable month, with a tight range of 0.0006 MKD (High: 0.0187 / Low: 0.0181).

April Spread (Volatile) ±0.0017

November Spread (Stable) ±0.0006

Growth Streaks & Declines

Trends

Between February and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0008 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0008

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2016: 0.0194) against the same month in 2015 (average: 0.0174), the exchange rate shifted by +0.0020 (+11.49%).

2016 Avg (December) 0.0194

2015 Avg (December) 0.0174

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0178	0.0168	0.0173
February	0.0171	0.0160	0.0165
March	0.0181	0.0173	0.0177
April	0.0191	0.0175	0.0182
May	0.0192	0.0179	0.0182
June	0.0189	0.0178	0.0183
July	0.0191	0.0179	0.0187
August	0.0190	0.0177	0.0186
September	0.0193	0.0185	0.0188
October	0.0193	0.0186	0.0190
November	0.0187	0.0181	0.0183
December	0.0198	0.0187	0.0194