2016 MKD to JPY Historical Review

YEARLY HIGH

2.1401 JPY

YEARLY LOW

1.8062 JPY

YEARLY AVERAGE

1.9545 JPY

2016 MKD to JPY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the MKD to JPY exchange rate experienced significant fluctuation. The market reached its absolute peak on February 1, valuing the pair at 2.1401. Conversely, the yearly low was recorded on July 9, dropping to 1.8062.

This high-to-low spread represents a total annual volatility of 0.3339 JPY. From a start-to-finish perspective, comparing the January average rate of 2.0906 to the December average rate of 1.9876, the exchange rate registered a net change of -4.93% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 2.1401 was down 10.08% compared to the 2015 peak of 2.3799, 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 10,701 JPY

2015 Average 10,924 JPY

Yearly Trough Low 9,031 JPY

Transaction Impact: A difference of 1,669.57 JPY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

2.1152

1.8193

JanuMarcMayJulySeptNove

MKD to JPY 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 2.0222, compared to 1.8867 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1356 points.

H1 Avg (Jan–Jun) 2.0222

H2 Avg (Jul–Dec) 1.8867

Volatility Range Comparison

Volatility

The most volatile month in 2016 was June, with a trading range of 0.1644 JPY (High: 1.9931 / Low: 1.8287). On the other end, December was the most stable month, with a tight range of 0.0355 JPY (High: 2.0020 / Low: 1.9666).

June Spread (Volatile) ±0.1644

December Spread (Stable) ±0.0355

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 May and June, when the average rate fell by 0.0694 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0694

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2016: 2.0665) against the same month in 2015 (average: 2.1907), the exchange rate shifted by -0.1241 (-5.67%).

2016 Avg (February) 2.0665

2015 Avg (February) 2.1907

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.1331	2.0703	2.0906
February	2.1401	1.9960	2.0665
March	2.0755	2.0017	2.0427
April	2.0556	1.9424	2.0144
May	2.0137	1.9467	1.9943
June	1.9931	1.8287	1.9249
July	1.9173	1.8062	1.8682
August	1.8713	1.8306	1.8440
September	1.8893	1.8288	1.8571
October	1.8829	1.8382	1.8603
November	1.9674	1.8604	1.9030
December	2.0020	1.9666	1.9876