2016 MKD to CRC Historical Review

YEARLY HIGH

10.1119 CRC

YEARLY LOW

9.2943 CRC

YEARLY AVERAGE

9.7701 CRC

2016 MKD to CRC Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the MKD to CRC exchange rate experienced significant fluctuation. The market reached its absolute peak on August 18, valuing the pair at 10.1119. Conversely, the yearly low was recorded on December 20, dropping to 9.2943.

This high-to-low spread represents a total annual volatility of 0.8176 CRC. From a start-to-finish perspective, comparing the January average rate of 9.4586 to the December average rate of 9.4300, the exchange rate registered a net change of -0.30% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 10.1119 was down 5.67% compared to the 2015 peak of 10.7194, 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 50,560 CRC

2015 Average 48,256 CRC

Yearly Trough Low 46,471 CRC

Transaction Impact: A difference of 4,088.16 CRC purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

10.0850

9.3705

JanuMarcMayJulySeptNove

MKD to CRC 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 9.7272, compared to 9.8131 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0859 points.

H1 Avg (Jan–Jun) 9.7272

H2 Avg (Jul–Dec) 9.8131

Volatility Range Comparison

Volatility

The most volatile month in 2016 was November, with a trading range of 0.5156 CRC (High: 9.9816 / Low: 9.4660). On the other end, September was the most stable month, with a tight range of 0.0889 CRC (High: 10.0671 / Low: 9.9782).

November Spread (Volatile) ±0.5156

September Spread (Stable) ±0.0889

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 November and December, when the average rate fell by 0.2619 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.2619

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2016: 9.9955) against the same month in 2015 (average: 9.6571), the exchange rate shifted by +0.3384 (+3.50%).

2016 Avg (August) 9.9955

2015 Avg (August) 9.6571

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	9.5181	9.3878	9.4586
February	9.8535	9.4834	9.6705
March	9.8593	9.4529	9.6643
April	9.9155	9.7605	9.8356
May	9.9916	9.6842	9.8276
June	10.0835	9.7457	9.9064
July	9.9218	9.7546	9.8338
August	10.1119	9.8545	9.9955
September	10.0671	9.9782	10.0255
October	10.0646	9.7751	9.9018
November	9.9816	9.4660	9.6919
December	9.6024	9.2943	9.4300