2016 MKD to AOA Historical Review

YEARLY HIGH

3.0896 AOA

YEARLY LOW

2.3677 AOA

YEARLY AVERAGE

2.9288 AOA

2016 MKD to AOA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the MKD to AOA exchange rate experienced significant fluctuation. The market reached its absolute peak on May 4, valuing the pair at 3.0896. Conversely, the yearly low was recorded on January 5, dropping to 2.3677.

This high-to-low spread represents a total annual volatility of 0.7219 AOA. From a start-to-finish perspective, comparing the January average rate of 2.6295 to the December average rate of 2.8385, the exchange rate registered a net change of 7.95% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 3.0896 was up 22.80% compared to the 2015 peak of 2.5159, 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 15,448 AOA

2015 Average 10,803 AOA

Yearly Trough Low 11,839 AOA

Transaction Impact: A difference of 3,609.32 AOA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

3.0780

2.5887

JanuMarcMayJulySeptNove

MKD to AOA 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 2.9035, compared to 2.9540 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0505 points.

H1 Avg (Jan–Jun) 2.9035

H2 Avg (Jul–Dec) 2.9540

Volatility Range Comparison

Volatility

The most volatile month in 2016 was January, with a trading range of 0.3916 AOA (High: 2.7594 / Low: 2.3677). On the other end, September was the most stable month, with a tight range of 0.0234 AOA (High: 3.0265 / Low: 3.0031).

January Spread (Volatile) ±0.3916

September Spread (Stable) ±0.0234

Growth Streaks & Declines

Trends

Between January and May, 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 November and December, when the average rate fell by 0.0676 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0676

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2016: 3.0372) against the same month in 2015 (average: 1.9875), the exchange rate shifted by +1.0497 (+52.81%).

2016 Avg (May) 3.0372

2015 Avg (May) 1.9875

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.7594	2.3677	2.6295
February	2.8836	2.7503	2.8372
March	2.9620	2.8034	2.8787
April	3.0546	2.9491	3.0110
May	3.0896	2.9929	3.0372
June	3.0664	2.9717	3.0276
July	3.0064	2.9560	2.9798
August	3.0507	2.9754	3.0141
September	3.0265	3.0031	3.0143
October	3.0261	2.9290	2.9712
November	2.9982	2.8450	2.9062
December	2.8956	2.7994	2.8385