2016 MKD to CZK Historical Review

YEARLY HIGH

0.4427 CZK

YEARLY LOW

0.4297 CZK

YEARLY AVERAGE

0.4390 CZK

2016 MKD to CZK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the MKD to CZK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 4, valuing the pair at 0.4427. Conversely, the yearly low was recorded on May 2, dropping to 0.4297.

This high-to-low spread represents a total annual volatility of 0.0130 CZK. From a start-to-finish perspective, comparing the January average rate of 0.4389 to the December average rate of 0.4393, the exchange rate registered a net change of 0.10% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.4427 was down 4.55% compared to the 2015 peak of 0.4638, 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 2,213 CZK

2015 Average 2,218 CZK

Yearly Trough Low 2,148 CZK

Transaction Impact: A difference of 65.18 CZK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.4397

0.4378

JanuMarcMayJulySeptNove

MKD to CZK 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 0.4388, compared to 0.4393 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0005 points.

H1 Avg (Jan–Jun) 0.4388

H2 Avg (Jul–Dec) 0.4393

Volatility Range Comparison

Volatility

The most volatile month in 2016 was May, with a trading range of 0.0097 CZK (High: 0.4393 / Low: 0.4297). On the other end, October was the most stable month, with a tight range of 0.0010 CZK (High: 0.4399 / Low: 0.4389).

May Spread (Volatile) ±0.0097

October Spread (Stable) ±0.0010

Growth Streaks & Declines

Trends

Between April and July, 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 March and April, when the average rate fell by 0.0011 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0011

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2016: 0.4393) against the same month in 2015 (average: 0.4392), the exchange rate shifted by +0.0001 (+0.02%).

2016 Avg (December) 0.4393

2015 Avg (December) 0.4392

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.4399	0.4383	0.4389
February	0.4398	0.4386	0.4390
March	0.4399	0.4370	0.4391
April	0.4393	0.4308	0.4380
May	0.4393	0.4297	0.4382
June	0.4411	0.4379	0.4395
July	0.4407	0.4389	0.4396
August	0.4401	0.4379	0.4391
September	0.4400	0.4368	0.4389
October	0.4399	0.4389	0.4394
November	0.4402	0.4389	0.4395
December	0.4427	0.4385	0.4393