2016 MKD to BOB Historical Review

YEARLY HIGH

0.1288 BOB

YEARLY LOW

0.1165 BOB

YEARLY AVERAGE

0.1240 BOB

2016 MKD to BOB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the MKD to BOB exchange rate experienced significant fluctuation. The market reached its absolute peak on May 4, valuing the pair at 0.1288. Conversely, the yearly low was recorded on December 20, dropping to 0.1165.

This high-to-low spread represents a total annual volatility of 0.0123 BOB. From a start-to-finish perspective, comparing the January average rate of 0.1219 to the December average rate of 0.1186, the exchange rate registered a net change of -2.74% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.1288 was down 6.04% compared to the 2015 peak of 0.1371, 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 644 BOB

2015 Average 623 BOB

Yearly Trough Low 582 BOB

Transaction Impact: A difference of 61.62 BOB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.1271

0.1178

JanuMarcMayJulySeptNove

MKD to BOB 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 0.1247, compared to 0.1233 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0014 points.

H1 Avg (Jan–Jun) 0.1247

H2 Avg (Jul–Dec) 0.1233

Volatility Range Comparison

Volatility

The most volatile month in 2016 was November, with a trading range of 0.0063 BOB (High: 0.1250 / Low: 0.1187). On the other end, September was the most stable month, with a tight range of 0.0010 BOB (High: 0.1264 / Low: 0.1254).

November Spread (Volatile) ±0.0063

September Spread (Stable) ±0.0010

Growth Streaks & Declines

Trends

Between March and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0028 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0028

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2016: 0.1264) against the same month in 2015 (average: 0.1252), the exchange rate shifted by +0.0011 (+0.90%).

2016 Avg (May) 0.1264

2015 Avg (May) 0.1252

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1225	0.1209	0.1219
February	0.1268	0.1214	0.1243
March	0.1258	0.1211	0.1236
April	0.1271	0.1252	0.1263
May	0.1288	0.1243	0.1264
June	0.1276	0.1234	0.1258
July	0.1254	0.1234	0.1240
August	0.1274	0.1245	0.1259
September	0.1264	0.1254	0.1259
October	0.1260	0.1223	0.1241
November	0.1250	0.1187	0.1214
December	0.1206	0.1165	0.1186