2016 MKD to ANG Historical Review

YEARLY HIGH

0.0333 ANG

YEARLY LOW

0.0300 ANG

YEARLY AVERAGE

0.0321 ANG

2016 MKD to ANG Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the MKD to ANG exchange rate experienced significant fluctuation. The market reached its absolute peak on May 4, valuing the pair at 0.0333. Conversely, the yearly low was recorded on December 20, dropping to 0.0300.

This high-to-low spread represents a total annual volatility of 0.0034 ANG. From a start-to-finish perspective, comparing the January average rate of 0.0316 to the December average rate of 0.0304, the exchange rate registered a net change of -3.62% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.0333 was down 5.73% compared to the 2015 peak of 0.0354, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 167 ANG

2015 Average 161 ANG

Yearly Trough Low 150 ANG

Transaction Impact: A difference of 16.82 ANG purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.0331

0.0302

JanuMarcMayJulySeptNove

MKD to ANG 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 0.0324, compared to 0.0317 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0007 points.

H1 Avg (Jan–Jun) 0.0324

H2 Avg (Jul–Dec) 0.0317

Volatility Range Comparison

Volatility

The most volatile month in 2016 was November, with a trading range of 0.0016 ANG (High: 0.0321 / Low: 0.0305). On the other end, September was the most stable month, with a tight range of 0.0003 ANG (High: 0.0325 / Low: 0.0322).

November Spread (Volatile) ±0.0016

September Spread (Stable) ±0.0003

Growth Streaks & Declines

Trends

Between January and April, 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 November and December, when the average rate fell by 0.0008 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0008

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2016: 0.0328) against the same month in 2015 (average: 0.0324), the exchange rate shifted by +0.0003 (+1.02%).

2016 Avg (May) 0.0328

2015 Avg (May) 0.0324

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0317	0.0313	0.0316
February	0.0328	0.0316	0.0323
March	0.0330	0.0316	0.0323
April	0.0331	0.0326	0.0329
May	0.0333	0.0323	0.0328
June	0.0332	0.0321	0.0327
July	0.0323	0.0317	0.0320
August	0.0327	0.0319	0.0323
September	0.0325	0.0322	0.0323
October	0.0325	0.0314	0.0319
November	0.0321	0.0305	0.0312
December	0.0311	0.0300	0.0304