2016 MKD to KRW Historical Review

YEARLY HIGH

22.2988 KRW

YEARLY LOW

19.8893 KRW

YEARLY AVERAGE

20.8651 KRW

2016 MKD to KRW Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the MKD to KRW exchange rate experienced significant fluctuation. The market reached its absolute peak on February 20, valuing the pair at 22.2988. Conversely, the yearly low was recorded on August 11, dropping to 19.8893.

This high-to-low spread represents a total annual volatility of 2.4095 KRW. From a start-to-finish perspective, comparing the January average rate of 21.1938 to the December average rate of 20.2836, the exchange rate registered a net change of -4.29% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 22.2988 was down 0.55% compared to the 2015 peak of 22.4217, 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 111,494 KRW

2015 Average 102,129 KRW

Yearly Trough Low 99,447 KRW

Transaction Impact: A difference of 12,047.29 KRW purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

22.1390

20.0287

JanuMarcMayJulySeptNove

MKD to KRW 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 21.4170, compared to 20.3132 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.1039 points.

H1 Avg (Jan–Jun) 21.4170

H2 Avg (Jul–Dec) 20.3132

Volatility Range Comparison

Volatility

The most volatile month in 2016 was February, with a trading range of 1.0319 KRW (High: 22.2988 / Low: 21.2669). On the other end, October was the most stable month, with a tight range of 0.3946 KRW (High: 20.4315 / Low: 20.0368).

February Spread (Volatile) ±1.0319

October Spread (Stable) ±0.3946

Growth Streaks & Declines

Trends

Between September and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.8154 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.8154

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2016: 21.9632) against the same month in 2015 (average: 20.3122), the exchange rate shifted by +1.6510 (+8.13%).

2016 Avg (February) 21.9632

2015 Avg (February) 20.3122

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	21.5203	20.7696	21.1938
February	22.2988	21.2669	21.9632
March	21.8406	21.1137	21.4006
April	21.3920	20.8114	21.0799
May	21.6938	20.8551	21.5201
June	21.6532	20.8292	21.3446
July	20.9377	20.2371	20.5292
August	20.6269	19.8893	20.2305
September	20.5843	19.9075	20.2045
October	20.4315	20.0368	20.2080
November	20.6648	20.2031	20.4232
December	20.7001	20.0153	20.2836