2016 MKD to INR Historical Review

YEARLY HIGH

1.2541 INR

YEARLY LOW

1.1458 INR

YEARLY AVERAGE

1.2076 INR

2016 MKD to INR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the MKD to INR exchange rate experienced significant fluctuation. The market reached its absolute peak on February 11, valuing the pair at 1.2541. Conversely, the yearly low was recorded on December 20, dropping to 1.1458.

This high-to-low spread represents a total annual volatility of 0.1083 INR. From a start-to-finish perspective, comparing the January average rate of 1.1872 to the December average rate of 1.1615, the exchange rate registered a net change of -2.17% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 1.2541 was down 0.07% compared to the 2015 peak of 1.2550, 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 6,271 INR

2015 Average 5,788 INR

Yearly Trough Low 5,729 INR

Transaction Impact: A difference of 541.57 INR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

1.2378

1.1546

JanuMarcMayJulySeptNove

MKD to INR 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 1.2172, compared to 1.1980 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0192 points.

H1 Avg (Jan–Jun) 1.2172

H2 Avg (Jul–Dec) 1.1980

Volatility Range Comparison

Volatility

The most volatile month in 2016 was February, with a trading range of 0.0546 INR (High: 1.2541 / Low: 1.1995). On the other end, September was the most stable month, with a tight range of 0.0156 INR (High: 1.2231 / Low: 1.2076).

February Spread (Volatile) ±0.0546

September Spread (Stable) ±0.0156

Growth Streaks & Declines

Trends

Between March and June, 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 November and December, when the average rate fell by 0.0258 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0258

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2016: 1.2308) against the same month in 2015 (average: 1.1443), the exchange rate shifted by +0.0865 (+7.56%).

2016 Avg (February) 1.2308

2015 Avg (February) 1.1443

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.2076	1.1639	1.1872
February	1.2541	1.1995	1.2308
March	1.2221	1.1908	1.2096
April	1.2316	1.2103	1.2211
May	1.2408	1.2102	1.2263
June	1.2449	1.2181	1.2283
July	1.2184	1.1988	1.2083
August	1.2360	1.2008	1.2185
September	1.2231	1.2076	1.2153
October	1.2167	1.1825	1.1973
November	1.2078	1.1738	1.1873
December	1.1878	1.1458	1.1615