2016 MKD to GMD Historical Review

YEARLY HIGH

0.7942 GMD

YEARLY LOW

0.6917 GMD

YEARLY AVERAGE

0.7549 GMD

2016 MKD to GMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the MKD to GMD exchange rate experienced significant fluctuation. The market reached its absolute peak on May 3, valuing the pair at 0.7942. Conversely, the yearly low was recorded on January 5, dropping to 0.6917.

This high-to-low spread represents a total annual volatility of 0.1025 GMD. From a start-to-finish perspective, comparing the January average rate of 0.6971 to the December average rate of 0.7333, the exchange rate registered a net change of 5.20% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.7942 was down 6.59% compared to the 2015 peak of 0.8503, 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 3,971 GMD

2015 Average 3,719 GMD

Yearly Trough Low 3,459 GMD

Transaction Impact: A difference of 512.68 GMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.7925

0.6884

JanuMarcMayJulySeptNove

MKD to GMD 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 0.7483, compared to 0.7614 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0131 points.

H1 Avg (Jan–Jun) 0.7483

H2 Avg (Jul–Dec) 0.7614

Volatility Range Comparison

Volatility

The most volatile month in 2016 was March, with a trading range of 0.0963 GMD (High: 0.7885 / Low: 0.6922). On the other end, September was the most stable month, with a tight range of 0.0086 GMD (High: 0.7801 / Low: 0.7714).

March Spread (Volatile) ±0.0963

September Spread (Stable) ±0.0086

Growth Streaks & Declines

Trends

Between January and April, 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 October and November, when the average rate fell by 0.0162 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0162

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2016: 0.7832) against the same month in 2015 (average: 0.7802), the exchange rate shifted by +0.0031 (+0.39%).

2016 Avg (May) 0.7832

2015 Avg (May) 0.7802

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.7020	0.6917	0.6971
February	0.7235	0.6971	0.7117
March	0.7885	0.6922	0.7344
April	0.7917	0.7768	0.7838
May	0.7942	0.7697	0.7832
June	0.7923	0.7671	0.7795
July	0.7734	0.7621	0.7681
August	0.7882	0.7651	0.7765
September	0.7801	0.7714	0.7757
October	0.7788	0.7543	0.7656
November	0.7717	0.7307	0.7494
December	0.7511	0.7201	0.7333