2016 MKD to KES Historical Review

YEARLY HIGH

1.8784 KES

YEARLY LOW

1.7260 KES

YEARLY AVERAGE

1.8248 KES

2016 MKD to KES Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the MKD to KES exchange rate experienced significant fluctuation. The market reached its absolute peak on May 4, valuing the pair at 1.8784. Conversely, the yearly low was recorded on December 20, dropping to 1.7260.

This high-to-low spread represents a total annual volatility of 0.1523 KES. From a start-to-finish perspective, comparing the January average rate of 1.8061 to the December average rate of 1.7501, the exchange rate registered a net change of -3.10% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 1.8784 was down 3.41% compared to the 2015 peak of 1.9447, 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 9,392 KES

2015 Average 8,865 KES

Yearly Trough Low 8,630 KES

Transaction Impact: A difference of 761.67 KES purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

1.8712

1.7391

JanuMarcMayJulySeptNove

MKD to KES 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 1.8387, compared to 1.8109 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0277 points.

H1 Avg (Jan–Jun) 1.8387

H2 Avg (Jul–Dec) 1.8109

Volatility Range Comparison

Volatility

The most volatile month in 2016 was November, with a trading range of 0.0904 KES (High: 1.8402 / Low: 1.7499). On the other end, September was the most stable month, with a tight range of 0.0144 KES (High: 1.8512 / Low: 1.8368).

November Spread (Volatile) ±0.0904

September Spread (Stable) ±0.0144

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2016. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0356 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0356

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2016: 1.8458) against the same month in 2015 (average: 1.7465), the exchange rate shifted by +0.0992 (+5.68%).

2016 Avg (May) 1.8458

2015 Avg (May) 1.7465

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.8141	1.7900	1.8061
February	1.8722	1.8044	1.8386
March	1.8709	1.7910	1.8342
April	1.8774	1.8419	1.8602
May	1.8784	1.8183	1.8458
June	1.8699	1.8148	1.8470
July	1.8386	1.8093	1.8229
August	1.8670	1.8215	1.8458
September	1.8512	1.8368	1.8431
October	1.8501	1.7935	1.8181
November	1.8402	1.7499	1.7857
December	1.7831	1.7260	1.7501