2016 INR to MKD Historical Review

YEARLY HIGH

0.8727 MKD

YEARLY LOW

0.7974 MKD

YEARLY AVERAGE

0.8283 MKD

2016 INR to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the INR to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 20, valuing the pair at 0.8727. Conversely, the yearly low was recorded on February 11, dropping to 0.7974.

This high-to-low spread represents a total annual volatility of 0.0754 MKD. From a start-to-finish perspective, comparing the January average rate of 0.8424 to the December average rate of 0.8610, the exchange rate registered a net change of 2.22% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.8727 was down 6.27% compared to the 2015 peak of 0.9311, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 250,000 INR based on timing:

Yearly Peak High 218,186 MKD

2015 Average 216,205 MKD

Yearly Trough Low 199,342 MKD

Transaction Impact: A difference of 18,843.86 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.8659

0.8077

JanuMarcMayJulySeptNove

INR 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 0.8217, compared to 0.8350 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0133 points.

H1 Avg (Jan–Jun) 0.8217

H2 Avg (Jul–Dec) 0.8350

Volatility Range Comparison

Volatility

The most volatile month in 2016 was February, with a trading range of 0.0363 MKD (High: 0.8336 / Low: 0.7974). On the other end, September was the most stable month, with a tight range of 0.0105 MKD (High: 0.8281 / Low: 0.8176).

February Spread (Volatile) ±0.0363

September Spread (Stable) ±0.0105

Growth Streaks & Declines

Trends

Between August and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0298 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0298

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2016: 0.8610) against the same month in 2015 (average: 0.8487), the exchange rate shifted by +0.0124 (+1.46%).

2016 Avg (December) 0.8610

2015 Avg (December) 0.8487

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.8592	0.8281	0.8424
February	0.8336	0.7974	0.8125
March	0.8398	0.8183	0.8268
April	0.8262	0.8120	0.8189
May	0.8263	0.8059	0.8155
June	0.8210	0.8033	0.8142
July	0.8341	0.8208	0.8276
August	0.8328	0.8091	0.8207
September	0.8281	0.8176	0.8229
October	0.8457	0.8219	0.8353
November	0.8519	0.8279	0.8423
December	0.8727	0.8419	0.8610