2016 KGS to MKD Historical Review

YEARLY HIGH

0.8549 MKD

YEARLY LOW

0.7247 MKD

YEARLY AVERAGE

0.7966 MKD

2016 KGS to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the KGS to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 20, valuing the pair at 0.8549. Conversely, the yearly low was recorded on February 12, dropping to 0.7247.

This high-to-low spread represents a total annual volatility of 0.1301 MKD. From a start-to-finish perspective, comparing the January average rate of 0.7467 to the December average rate of 0.8431, the exchange rate registered a net change of 12.91% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.8549 was down 11.91% compared to the 2015 peak of 0.9705, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 4,274 MKD

2015 Average 4,327 MKD

Yearly Trough Low 3,624 MKD

Transaction Impact: A difference of 650.72 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.8533

0.7310

JanuMarcMayJulySeptNove

KGS 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 0.7746, compared to 0.8186 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0440 points.

H1 Avg (Jan–Jun) 0.7746

H2 Avg (Jul–Dec) 0.8186

Volatility Range Comparison

Volatility

The most volatile month in 2016 was November, with a trading range of 0.0387 MKD (High: 0.8432 / Low: 0.8045). On the other end, January was the most stable month, with a tight range of 0.0102 MKD (High: 0.7531 / Low: 0.7428).

November Spread (Volatile) ±0.0387

January Spread (Stable) ±0.0102

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 July and August, when the average rate fell by 0.0249 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0249

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2016: 0.8431) against the same month in 2015 (average: 0.7440), the exchange rate shifted by +0.0991 (+13.32%).

2016 Avg (December) 0.8431

2015 Avg (December) 0.7440

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.7531	0.7428	0.7467
February	0.7603	0.7247	0.7412
March	0.7725	0.7574	0.7654
April	0.8022	0.7715	0.7889
May	0.8115	0.7837	0.7987
June	0.8282	0.7911	0.8068
July	0.8349	0.8106	0.8257
August	0.8111	0.7906	0.8008
September	0.8064	0.7947	0.7992
October	0.8300	0.8048	0.8164
November	0.8432	0.8045	0.8267
December	0.8549	0.8270	0.8431