2016 MKD to BND Historical Review

YEARLY HIGH

0.0256 BND

YEARLY LOW

0.0242 BND

YEARLY AVERAGE

0.0248 BND

2016 MKD to BND Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the MKD to BND exchange rate experienced significant fluctuation. The market reached its absolute peak on February 9, valuing the pair at 0.0256. Conversely, the yearly low was recorded on August 6, dropping to 0.0242.

This high-to-low spread represents a total annual volatility of 0.0014 BND. From a start-to-finish perspective, comparing the January average rate of 0.0253 to the December average rate of 0.0246, the exchange rate registered a net change of -2.61% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.0256 was down 3.25% compared to the 2015 peak of 0.0265, 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 128 BND

2015 Average 124 BND

Yearly Trough Low 121 BND

Transaction Impact: A difference of 7.10 BND purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.0254

0.0242

JanuMarcMayJulySeptNove

MKD to BND 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 0.0250, compared to 0.0246 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0004 points.

H1 Avg (Jan–Jun) 0.0250

H2 Avg (Jul–Dec) 0.0246

Volatility Range Comparison

Volatility

The most volatile month in 2016 was June, with a trading range of 0.0009 BND (High: 0.0252 / Low: 0.0243). On the other end, July was the most stable month, with a tight range of 0.0002 BND (High: 0.0244 / Low: 0.0242).

June Spread (Volatile) ±0.0009

July Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

Between July and October, 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 February and March, when the average rate fell by 0.0005 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0005

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2016: 0.0253) against the same month in 2015 (average: 0.0250), the exchange rate shifted by +0.0003 (+1.27%).

2016 Avg (February) 0.0253

2015 Avg (February) 0.0250

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0255	0.0249	0.0253
February	0.0256	0.0249	0.0253
March	0.0250	0.0246	0.0248
April	0.0250	0.0245	0.0248
May	0.0254	0.0245	0.0251
June	0.0252	0.0243	0.0247
July	0.0244	0.0242	0.0243
August	0.0249	0.0242	0.0245
September	0.0249	0.0245	0.0247
October	0.0250	0.0246	0.0248
November	0.0250	0.0245	0.0248
December	0.0249	0.0244	0.0246