2016 MKD to HRK Historical Review

YEARLY HIGH

0.1247 HRK

YEARLY LOW

0.1194 HRK

YEARLY AVERAGE

0.1223 HRK

2016 MKD to HRK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the MKD to HRK exchange rate experienced significant fluctuation. The market reached its absolute peak on February 3, valuing the pair at 0.1247. Conversely, the yearly low was recorded on May 2, dropping to 0.1194.

This high-to-low spread represents a total annual volatility of 0.0053 HRK. From a start-to-finish perspective, comparing the January average rate of 0.1243 to the December average rate of 0.1225, the exchange rate registered a net change of -1.49% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.1247 was down 2.80% compared to the 2015 peak of 0.1282, 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 623 HRK

2015 Average 619 HRK

Yearly Trough Low 597 HRK

Transaction Impact: A difference of 26.25 HRK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.1246

0.1212

JanuMarcMayJulySeptNove

MKD to HRK 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 0.1227, compared to 0.1219 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0008 points.

H1 Avg (Jan–Jun) 0.1227

H2 Avg (Jul–Dec) 0.1219

Volatility Range Comparison

Volatility

The most volatile month in 2016 was May, with a trading range of 0.0026 HRK (High: 0.1220 / Low: 0.1194). On the other end, October was the most stable month, with a tight range of 0.0004 HRK (High: 0.1222 / Low: 0.1218).

May Spread (Volatile) ±0.0026

October Spread (Stable) ±0.0004

Growth Streaks & Declines

Trends

Between August and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0013 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0013

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2016: 0.1240) against the same month in 2015 (average: 0.1252), the exchange rate shifted by -0.0012 (-0.99%).

2016 Avg (February) 0.1240

2015 Avg (February) 0.1252

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1246	0.1241	0.1243
February	0.1247	0.1237	0.1240
March	0.1236	0.1220	0.1227
April	0.1220	0.1196	0.1215
May	0.1220	0.1194	0.1216
June	0.1226	0.1214	0.1221
July	0.1222	0.1214	0.1217
August	0.1219	0.1207	0.1215
September	0.1223	0.1210	0.1217
October	0.1222	0.1218	0.1219
November	0.1226	0.1218	0.1222
December	0.1229	0.1222	0.1225