2016 MKD to BRL Historical Review

YEARLY HIGH

0.0734 BRL

YEARLY LOW

0.0552 BRL

YEARLY AVERAGE

0.0627 BRL

2016 MKD to BRL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the MKD to BRL exchange rate experienced significant fluctuation. The market reached its absolute peak on February 16, valuing the pair at 0.0734. Conversely, the yearly low was recorded on October 25, dropping to 0.0552.

This high-to-low spread represents a total annual volatility of 0.0182 BRL. From a start-to-finish perspective, comparing the January average rate of 0.0713 to the December average rate of 0.0575, the exchange rate registered a net change of -19.41% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.0734 was down 2.27% compared to the 2015 peak of 0.0751, 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 367 BRL

2015 Average 301 BRL

Yearly Trough Low 276 BRL

Transaction Impact: A difference of 91.23 BRL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.0730

0.0559

JanuMarcMayJulySeptNove

MKD to BRL 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 0.0671, compared to 0.0584 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0087 points.

H1 Avg (Jan–Jun) 0.0671

H2 Avg (Jul–Dec) 0.0584

Volatility Range Comparison

Volatility

The most volatile month in 2016 was June, with a trading range of 0.0072 BRL (High: 0.0654 / Low: 0.0582). On the other end, July was the most stable month, with a tight range of 0.0021 BRL (High: 0.0604 / Low: 0.0583).

June Spread (Volatile) ±0.0072

July Spread (Stable) ±0.0021

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2016. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0049 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0049

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2016: 0.0716) against the same month in 2015 (average: 0.0519), the exchange rate shifted by +0.0196 (+37.83%).

2016 Avg (February) 0.0716

2015 Avg (February) 0.0519

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0731	0.0699	0.0713
February	0.0734	0.0702	0.0716
March	0.0697	0.0649	0.0667
April	0.0681	0.0628	0.0653
May	0.0660	0.0628	0.0648
June	0.0654	0.0582	0.0626
July	0.0604	0.0583	0.0589
August	0.0596	0.0568	0.0584
September	0.0607	0.0583	0.0592
October	0.0596	0.0552	0.0573
November	0.0603	0.0570	0.0588
December	0.0610	0.0555	0.0575