2016 MKD to JMD Historical Review

YEARLY HIGH

2.3361 JMD

YEARLY LOW

2.1023 JMD

YEARLY AVERAGE

2.2485 JMD

2016 MKD to JMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the MKD to JMD exchange rate experienced significant fluctuation. The market reached its absolute peak on August 18, valuing the pair at 2.3361. Conversely, the yearly low was recorded on January 5, dropping to 2.1023.

This high-to-low spread represents a total annual volatility of 0.2338 JMD. From a start-to-finish perspective, comparing the January average rate of 2.1256 to the December average rate of 2.2079, the exchange rate registered a net change of 3.87% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 2.3361 was up 2.96% compared to the 2015 peak of 2.2689, 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 11,680 JMD

2015 Average 10,540 JMD

Yearly Trough Low 10,511 JMD

Transaction Impact: A difference of 1,169.05 JMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

2.3384

2.1063

JanuMarcMayJulySeptNove

MKD to JMD 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 2.2172, compared to 2.2797 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0625 points.

H1 Avg (Jan–Jun) 2.2172

H2 Avg (Jul–Dec) 2.2797

Volatility Range Comparison

Volatility

The most volatile month in 2016 was November, with a trading range of 0.1202 JMD (High: 2.3357 / Low: 2.2155). On the other end, April was the most stable month, with a tight range of 0.0241 JMD (High: 2.2544 / Low: 2.2303).

November Spread (Volatile) ±0.1202

April Spread (Stable) ±0.0241

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 November and December, when the average rate fell by 0.0587 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0587

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2016: 2.3075) against the same month in 2015 (average: 2.1183), the exchange rate shifted by +0.1892 (+8.93%).

2016 Avg (August) 2.3075

2015 Avg (August) 2.1183

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.1428	2.1023	2.1256
February	2.2210	2.1402	2.1858
March	2.2435	2.1410	2.1967
April	2.2544	2.2303	2.2409
May	2.2854	2.2423	2.2657
June	2.3240	2.2455	2.2884
July	2.2977	2.2573	2.2759
August	2.3361	2.2774	2.3075
September	2.3307	2.3042	2.3190
October	2.3300	2.2730	2.3015
November	2.3357	2.2155	2.2665
December	2.2483	2.1707	2.2079