2016 MKD to FJD Historical Review

YEARLY HIGH

0.0393 FJD

YEARLY LOW

0.0356 FJD

YEARLY AVERAGE

0.0375 FJD

2016 MKD to FJD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the MKD to FJD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 9, valuing the pair at 0.0393. Conversely, the yearly low was recorded on December 18, dropping to 0.0356.

This high-to-low spread represents a total annual volatility of 0.0037 FJD. From a start-to-finish perspective, comparing the January average rate of 0.0380 to the December average rate of 0.0360, the exchange rate registered a net change of -5.21% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.0393 was down 2.03% compared to the 2015 peak of 0.0401, 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 196 FJD

2015 Average 189 FJD

Yearly Trough Low 178 FJD

Transaction Impact: A difference of 18.61 FJD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.0387

0.0358

JanuMarcMayJulySeptNove

MKD to FJD 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 0.0381, compared to 0.0369 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0013 points.

H1 Avg (Jan–Jun) 0.0381

H2 Avg (Jul–Dec) 0.0369

Volatility Range Comparison

Volatility

The most volatile month in 2016 was February, with a trading range of 0.0016 FJD (High: 0.0393 / Low: 0.0376). On the other end, September was the most stable month, with a tight range of 0.0006 FJD (High: 0.0377 / Low: 0.0371).

February Spread (Volatile) ±0.0016

September Spread (Stable) ±0.0006

Growth Streaks & Declines

Trends

Between March and May, 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 June and July, when the average rate fell by 0.0009 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0009

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2016: 0.0385) against the same month in 2015 (average: 0.0376), the exchange rate shifted by +0.0009 (+2.26%).

2016 Avg (February) 0.0385

2015 Avg (February) 0.0376

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0386	0.0375	0.0380
February	0.0393	0.0376	0.0385
March	0.0381	0.0374	0.0379
April	0.0386	0.0376	0.0380
May	0.0389	0.0376	0.0385
June	0.0388	0.0372	0.0380
July	0.0376	0.0368	0.0371
August	0.0377	0.0369	0.0373
September	0.0377	0.0371	0.0373
October	0.0377	0.0363	0.0369
November	0.0370	0.0359	0.0364
December	0.0365	0.0356	0.0360