2016 IQD to MKD Historical Review

YEARLY HIGH

0.0525 MKD

YEARLY LOW

0.0458 MKD

YEARLY AVERAGE

0.0489 MKD

2016 IQD to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the IQD to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 24, valuing the pair at 0.0525. Conversely, the yearly low was recorded on June 8, dropping to 0.0458.

This high-to-low spread represents a total annual volatility of 0.0067 MKD. From a start-to-finish perspective, comparing the January average rate of 0.0519 to the December average rate of 0.0496, the exchange rate registered a net change of -4.34% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.0525 was down 2.96% compared to the 2015 peak of 0.0541, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 262 MKD

2015 Average 238 MKD

Yearly Trough Low 229 MKD

Transaction Impact: A difference of 33.50 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.0524

0.0462

JanuMarcMayJulySeptNove

IQD 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 0.0497, compared to 0.0481 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0016 points.

H1 Avg (Jan–Jun) 0.0497

H2 Avg (Jul–Dec) 0.0481

Volatility Range Comparison

Volatility

The most volatile month in 2016 was May, with a trading range of 0.0029 MKD (High: 0.0494 / Low: 0.0465). On the other end, September was the most stable month, with a tight range of 0.0004 MKD (High: 0.0474 / Low: 0.0470).

May Spread (Volatile) ±0.0029

September Spread (Stable) ±0.0004

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 April and May, when the average rate fell by 0.0016 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0016

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2016: 0.0519) against the same month in 2015 (average: 0.0450), the exchange rate shifted by +0.0069 (+15.40%).

2016 Avg (January) 0.0519

2015 Avg (January) 0.0450

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0525	0.0513	0.0519
February	0.0520	0.0500	0.0510
March	0.0521	0.0498	0.0508
April	0.0502	0.0490	0.0497
May	0.0494	0.0465	0.0481
June	0.0478	0.0458	0.0467
July	0.0479	0.0472	0.0476
August	0.0477	0.0466	0.0471
September	0.0474	0.0470	0.0472
October	0.0485	0.0471	0.0479
November	0.0503	0.0477	0.0491
December	0.0503	0.0489	0.0496