2016 MKD to CNY Historical Review

YEARLY HIGH

0.1224 CNY

YEARLY LOW

0.1141 CNY

YEARLY AVERAGE

0.1194 CNY

2016 MKD to CNY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the MKD to CNY exchange rate experienced significant fluctuation. The market reached its absolute peak on August 20, valuing the pair at 0.1224. Conversely, the yearly low was recorded on January 5, dropping to 0.1141.

This high-to-low spread represents a total annual volatility of 0.0083 CNY. From a start-to-finish perspective, comparing the January average rate of 0.1158 to the December average rate of 0.1186, the exchange rate registered a net change of 2.38% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.1224 was down 0.15% compared to the 2015 peak of 0.1226, 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 612 CNY

2015 Average 566 CNY

Yearly Trough Low 571 CNY

Transaction Impact: A difference of 41.32 CNY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.1220

0.1153

JanuMarcMayJulySeptNove

MKD to CNY 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 0.1184, compared to 0.1203 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0019 points.

H1 Avg (Jan–Jun) 0.1184

H2 Avg (Jul–Dec) 0.1203

Volatility Range Comparison

Volatility

The most volatile month in 2016 was February, with a trading range of 0.0048 CNY (High: 0.1207 / Low: 0.1159). On the other end, September was the most stable month, with a tight range of 0.0009 CNY (High: 0.1219 / Low: 0.1211).

February Spread (Volatile) ±0.0048

September Spread (Stable) ±0.0009

Growth Streaks & Declines

Trends

Between March and June, 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 November and December, when the average rate fell by 0.0015 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0015

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2016: 0.1210) against the same month in 2015 (average: 0.1146), the exchange rate shifted by +0.0065 (+5.63%).

2016 Avg (August) 0.1210

2015 Avg (August) 0.1146

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1168	0.1141	0.1158
February	0.1207	0.1159	0.1181
March	0.1190	0.1156	0.1176
April	0.1198	0.1180	0.1190
May	0.1211	0.1183	0.1196
June	0.1216	0.1189	0.1203
July	0.1207	0.1192	0.1201
August	0.1224	0.1197	0.1210
September	0.1219	0.1211	0.1215
October	0.1218	0.1197	0.1207
November	0.1222	0.1187	0.1201
December	0.1209	0.1173	0.1186