2016 JMD to MKD Historical Review

YEARLY HIGH

0.4757 MKD

YEARLY LOW

0.4281 MKD

YEARLY AVERAGE

0.4451 MKD

2016 JMD to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the JMD to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 5, valuing the pair at 0.4757. Conversely, the yearly low was recorded on August 18, dropping to 0.4281.

This high-to-low spread represents a total annual volatility of 0.0476 MKD. From a start-to-finish perspective, comparing the January average rate of 0.4705 to the December average rate of 0.4530, the exchange rate registered a net change of -3.72% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.4757 was down 6.46% compared to the 2015 peak of 0.5085, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,378 MKD

2015 Average 2,374 MKD

Yearly Trough Low 2,140 MKD

Transaction Impact: A difference of 238.04 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.4744

0.4273

JanuMarcMayJulySeptNove

JMD 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 0.4513, compared to 0.4388 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0125 points.

H1 Avg (Jan–Jun) 0.4513

H2 Avg (Jul–Dec) 0.4388

Volatility Range Comparison

Volatility

The most volatile month in 2016 was November, with a trading range of 0.0232 MKD (High: 0.4514 / Low: 0.4281). On the other end, April was the most stable month, with a tight range of 0.0048 MKD (High: 0.4484 / Low: 0.4436).

November Spread (Volatile) ±0.0232

April Spread (Stable) ±0.0048

Growth Streaks & Declines

Trends

Between September and December, 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 January and February, when the average rate fell by 0.0129 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0129

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2016: 0.4705) against the same month in 2015 (average: 0.4576), the exchange rate shifted by +0.0129 (+2.82%).

2016 Avg (January) 0.4705

2015 Avg (January) 0.4576

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.4757	0.4667	0.4705
February	0.4672	0.4503	0.4576
March	0.4671	0.4457	0.4553
April	0.4484	0.4436	0.4463
May	0.4460	0.4376	0.4414
June	0.4453	0.4303	0.4370
July	0.4430	0.4352	0.4394
August	0.4391	0.4281	0.4334
September	0.4340	0.4291	0.4312
October	0.4399	0.4292	0.4345
November	0.4514	0.4281	0.4414
December	0.4607	0.4448	0.4530