2016 MKD to BYR Historical Review

YEARLY HIGH

404.5937 BYR

YEARLY LOW

327.7435 BYR

YEARLY AVERAGE

361.9239 BYR

2016 MKD to BYR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the MKD to BYR exchange rate experienced significant fluctuation. The market reached its absolute peak on February 11, valuing the pair at 404.5937. Conversely, the yearly low was recorded on January 5, dropping to 327.7435.

This high-to-low spread represents a total annual volatility of 76.8502 BYR. From a start-to-finish perspective, comparing the January average rate of 350.3392 to the December average rate of 342.9993, the exchange rate registered a net change of -2.10% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 404.5937 was up 22.52% compared to the 2015 peak of 330.2252, 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 2,022,968 BYR

2015 Average 1,435,212 BYR

Yearly Trough Low 1,638,717 BYR

Transaction Impact: A difference of 384,251.01 BYR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

395.6164

338.2160

JanuMarcMayJulySeptNove

MKD to BYR 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 366.6234, compared to 357.2243 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 9.3991 points.

H1 Avg (Jan–Jun) 366.6234

H2 Avg (Jul–Dec) 357.2243

Volatility Range Comparison

Volatility

The most volatile month in 2016 was January, with a trading range of 48.8436 BYR (High: 376.5871 / Low: 327.7435). On the other end, September was the most stable month, with a tight range of 2.8183 BYR (High: 366.0667 / Low: 363.2484).

January Spread (Volatile) ±48.8436

September Spread (Stable) ±2.8183

Growth Streaks & Declines

Trends

Between July and September, 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 February and March, when the average rate fell by 17.7504 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -17.7504

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2016: 390.8330) against the same month in 2015 (average: 280.5615), the exchange rate shifted by +110.2715 (+39.30%).

2016 Avg (February) 390.8330

2015 Avg (February) 280.5615

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	376.5871	327.7435	350.3392
February	404.5937	374.0892	390.8330
March	379.8428	366.6331	373.0826
April	373.7640	350.7187	364.9604
May	360.5953	350.8978	356.7287
June	368.6011	358.8095	363.7968
July	364.3738	357.5512	360.4456
August	368.8821	359.8871	364.5424
September	366.0667	363.2484	364.5670
October	365.9226	354.2811	359.3498
November	362.1533	343.9987	351.4418
December	350.1213	337.9207	342.9993