2016 MKD to IQD Historical Review

YEARLY HIGH

21.8560 IQD

YEARLY LOW

19.0644 IQD

YEARLY AVERAGE

20.4807 IQD

2016 MKD to IQD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the MKD to IQD exchange rate experienced significant fluctuation. The market reached its absolute peak on June 8, valuing the pair at 21.8560. Conversely, the yearly low was recorded on January 24, dropping to 19.0644.

This high-to-low spread represents a total annual volatility of 2.7917 IQD. From a start-to-finish perspective, comparing the January average rate of 19.2701 to the December average rate of 20.1440, the exchange rate registered a net change of 4.54% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 21.8560 was down 5.68% compared to the 2015 peak of 23.1720, 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 109,280 IQD

2015 Average 105,174 IQD

Yearly Trough Low 95,322 IQD

Transaction Impact: A difference of 13,958.31 IQD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

21.6269

19.0558

JanuMarcMayJulySeptNove

MKD to IQD 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 20.1551, compared to 20.8063 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.6512 points.

H1 Avg (Jan–Jun) 20.1551

H2 Avg (Jul–Dec) 20.8063

Volatility Range Comparison

Volatility

The most volatile month in 2016 was May, with a trading range of 1.2729 IQD (High: 21.5066 / Low: 20.2336). On the other end, September was the most stable month, with a tight range of 0.1873 IQD (High: 21.2976 / Low: 21.1103).

May Spread (Volatile) ±1.2729

September Spread (Stable) ±0.1873

Growth Streaks & Declines

Trends

Between January and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.5056 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.5056

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2016: 21.4126) against the same month in 2015 (average: 21.5733), the exchange rate shifted by -0.1607 (-0.74%).

2016 Avg (June) 21.4126

2015 Avg (June) 21.5733

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	19.4847	19.0644	19.2701
February	19.9879	19.2480	19.6293
March	20.0796	19.2080	19.6799
April	20.3964	19.9256	20.1355
May	21.5066	20.2336	20.8030
June	21.8560	20.9008	21.4126
July	21.2057	20.8694	21.0232
August	21.4798	20.9698	21.2219
September	21.2976	21.1103	21.2086
October	21.2429	20.6113	20.8727
November	20.9795	19.8742	20.3671
December	20.4304	19.8831	20.1440