2016 MKD to KPW Historical Review

YEARLY HIGH

16.7747 KPW

YEARLY LOW

15.1850 KPW

YEARLY AVERAGE

16.1802 KPW

2016 MKD to KPW Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the MKD to KPW exchange rate experienced significant fluctuation. The market reached its absolute peak on May 4, valuing the pair at 16.7747. Conversely, the yearly low was recorded on December 20, dropping to 15.1850.

This high-to-low spread represents a total annual volatility of 1.5897 KPW. From a start-to-finish perspective, comparing the January average rate of 15.8821 to the December average rate of 15.4150, the exchange rate registered a net change of -2.94% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 16.7747 was down 5.68% compared to the 2015 peak of 17.7847, 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 83,873 KPW

2015 Average 81,233 KPW

Yearly Trough Low 75,925 KPW

Transaction Impact: A difference of 7,948.45 KPW purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

16.6475

15.3029

JanuMarcMayJulySeptNove

MKD to KPW 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 16.3070, compared to 16.0534 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.2537 points.

H1 Avg (Jan–Jun) 16.3070

H2 Avg (Jul–Dec) 16.0534

Volatility Range Comparison

Volatility

The most volatile month in 2016 was November, with a trading range of 0.8191 KPW (High: 16.2772 / Low: 15.4581). On the other end, September was the most stable month, with a tight range of 0.1266 KPW (High: 16.4498 / Low: 16.3231).

November Spread (Volatile) ±0.8191

September Spread (Stable) ±0.1266

Growth Streaks & Declines

Trends

Between January and April, 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 0.3787 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.3787

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2016: 16.4877) against the same month in 2015 (average: 16.3180), the exchange rate shifted by +0.1697 (+1.04%).

2016 Avg (May) 16.4877

2015 Avg (May) 16.3180

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	15.9677	15.7482	15.8821
February	16.5274	15.9124	16.2294
March	16.5999	15.8793	16.2704
April	16.6726	16.4011	16.5355
May	16.7747	16.2444	16.4877
June	16.6487	16.1343	16.4371
July	16.3400	16.0671	16.1948
August	16.5796	16.1721	16.3826
September	16.4498	16.3231	16.3839
October	16.4433	15.9202	16.1501
November	16.2772	15.4581	15.7937
December	15.7332	15.1850	15.4150