2016 MKD to LRD Historical Review

YEARLY HIGH

1.7453 LRD

YEARLY LOW

1.4825 LRD

YEARLY AVERAGE

1.6056 LRD

2016 MKD to LRD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the MKD to LRD exchange rate experienced significant fluctuation. The market reached its absolute peak on August 18, valuing the pair at 1.7453. Conversely, the yearly low was recorded on January 24, dropping to 1.4825.

This high-to-low spread represents a total annual volatility of 0.2627 LRD. From a start-to-finish perspective, comparing the January average rate of 1.5100 to the December average rate of 1.5749, the exchange rate registered a net change of 4.29% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 1.7453 was down 3.48% compared to the 2015 peak of 1.8083, 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 8,726 LRD

2015 Average 7,757 LRD

Yearly Trough Low 7,413 LRD

Transaction Impact: A difference of 1,313.69 LRD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

1.6873

1.4939

JanuMarcMayJulySeptNove

MKD to LRD 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 1.5819, compared to 1.6293 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0473 points.

H1 Avg (Jan–Jun) 1.5819

H2 Avg (Jul–Dec) 1.6293

Volatility Range Comparison

Volatility

The most volatile month in 2016 was August, with a trading range of 0.1234 LRD (High: 1.7453 / Low: 1.6219). On the other end, September was the most stable month, with a tight range of 0.0220 LRD (High: 1.6771 / Low: 1.6551).

August Spread (Volatile) ±0.1234

September Spread (Stable) ±0.0220

Growth Streaks & Declines

Trends

Between January and May, 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 October and November, when the average rate fell by 0.0436 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0436

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2016: 1.6712) against the same month in 2015 (average: 1.5712), the exchange rate shifted by +0.1001 (+6.37%).

2016 Avg (August) 1.6712

2015 Avg (August) 1.5712

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.5783	1.4825	1.5100
February	1.5424	1.4935	1.5241
March	1.5618	1.4940	1.5306
April	1.6676	1.5545	1.6161
May	1.6864	1.6338	1.6580
June	1.6738	1.6224	1.6527
July	1.6412	1.6113	1.6250
August	1.7453	1.6219	1.6712
September	1.6771	1.6551	1.6654
October	1.6755	1.5974	1.6413
November	1.6502	1.5626	1.5977
December	1.5961	1.5434	1.5749