2016 KWD to MKD Historical Review

YEARLY HIGH

193.5845 MKD

YEARLY LOW

178.3690 MKD

YEARLY AVERAGE

184.1234 MKD

2016 KWD to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the KWD to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 20, valuing the pair at 193.5845. Conversely, the yearly low was recorded on May 4, dropping to 178.3690.

This high-to-low spread represents a total annual volatility of 15.2154 MKD. From a start-to-finish perspective, comparing the January average rate of 186.3876 to the December average rate of 191.1094, the exchange rate registered a net change of 2.53% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 193.5845 was down 1.00% compared to the 2015 peak of 195.5398, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 967,922 MKD

2015 Average 920,783 MKD

Yearly Trough Low 891,845 MKD

Transaction Impact: A difference of 76,077.03 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

192.1796

179.3376

JanuMarcMayJulySeptNove

KWD 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 183.0086, compared to 185.2382 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2.2295 points.

H1 Avg (Jan–Jun) 183.0086

H2 Avg (Jul–Dec) 185.2382

Volatility Range Comparison

Volatility

The most volatile month in 2016 was March, with a trading range of 8.8589 MKD (High: 188.4542 / Low: 179.5953). On the other end, September was the most stable month, with a tight range of 1.2858 MKD (High: 182.8638 / Low: 181.5780).

March Spread (Volatile) ±8.8589

September Spread (Stable) ±1.2858

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 March and April, when the average rate fell by 3.3047 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -3.3047

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2016: 191.1094) against the same month in 2015 (average: 185.9325), the exchange rate shifted by +5.1769 (+2.78%).

2016 Avg (December) 191.1094

2015 Avg (December) 185.9325

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	188.0972	185.2355	186.3876
February	187.7898	182.4159	184.9338
March	188.4542	179.5953	183.7125
April	181.9620	179.1532	180.4078
May	183.2616	178.3690	181.0228
June	184.6747	179.5277	181.5872
July	185.1528	182.2955	183.9976
August	184.3740	180.1767	182.1883
September	182.8638	181.5780	182.2633
October	186.8606	181.5507	184.2767
November	190.8842	182.7291	187.5936
December	193.5845	187.5899	191.1094