2016 KPW to MKD Historical Review

YEARLY HIGH

0.0659 MKD

YEARLY LOW

0.0596 MKD

YEARLY AVERAGE

0.0618 MKD

2016 KPW to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the KPW to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 20, valuing the pair at 0.0659. Conversely, the yearly low was recorded on May 4, dropping to 0.0596.

This high-to-low spread represents a total annual volatility of 0.0062 MKD. From a start-to-finish perspective, comparing the January average rate of 0.0630 to the December average rate of 0.0649, the exchange rate registered a net change of 3.04% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.0659 was up 0.95% compared to the 2015 peak of 0.0652, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 329 MKD

2015 Average 308 MKD

Yearly Trough Low 298 MKD

Transaction Impact: A difference of 31.20 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.0653

0.0600

JanuMarcMayJulySeptNove

KPW 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 0.0613, compared to 0.0623 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0010 points.

H1 Avg (Jan–Jun) 0.0613

H2 Avg (Jul–Dec) 0.0623

Volatility Range Comparison

Volatility

The most volatile month in 2016 was November, with a trading range of 0.0033 MKD (High: 0.0647 / Low: 0.0614). On the other end, September was the most stable month, with a tight range of 0.0005 MKD (High: 0.0613 / Low: 0.0608).

November Spread (Volatile) ±0.0033

September Spread (Stable) ±0.0005

Growth Streaks & Declines

Trends

Between April and July, 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 0.0013 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0013

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2016: 0.0649) against the same month in 2015 (average: 0.0627), the exchange rate shifted by +0.0022 (+3.45%).

2016 Avg (December) 0.0649

2015 Avg (December) 0.0627

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0635	0.0626	0.0630
February	0.0628	0.0605	0.0616
March	0.0630	0.0602	0.0615
April	0.0610	0.0600	0.0605
May	0.0616	0.0596	0.0607
June	0.0620	0.0601	0.0608
July	0.0622	0.0612	0.0617
August	0.0618	0.0603	0.0610
September	0.0613	0.0608	0.0610
October	0.0628	0.0608	0.0619
November	0.0647	0.0614	0.0633
December	0.0659	0.0636	0.0649