2016 MKD to LTL Historical Review

YEARLY HIGH

0.0566 LTL

YEARLY LOW

0.0542 LTL

YEARLY AVERAGE

0.0555 LTL

2016 MKD to LTL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the MKD to LTL exchange rate experienced significant fluctuation. The market reached its absolute peak on December 29, valuing the pair at 0.0566. Conversely, the yearly low was recorded on January 22, dropping to 0.0542.

This high-to-low spread represents a total annual volatility of 0.0024 LTL. From a start-to-finish perspective, comparing the January average rate of 0.0549 to the December average rate of 0.0561, the exchange rate registered a net change of 2.25% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.0566 was down 1.69% compared to the 2015 peak of 0.0575, 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 283 LTL

2015 Average 273 LTL

Yearly Trough Low 271 LTL

Transaction Impact: A difference of 11.76 LTL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.0562

0.0548

JanuMarcMayJulySeptNove

MKD to LTL 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 0.0554, compared to 0.0556 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 0.0554

H2 Avg (Jul–Dec) 0.0556

Volatility Range Comparison

Volatility

The most volatile month in 2016 was November, with a trading range of 0.0018 LTL (High: 0.0562 / Low: 0.0544). On the other end, July was the most stable month, with a tight range of 0.0005 LTL (High: 0.0557 / Low: 0.0553).

November Spread (Volatile) ±0.0018

July Spread (Stable) ±0.0005

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 August and September, when the average rate fell by 0.0002 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2016: 0.0561) against the same month in 2015 (average: 0.0550), the exchange rate shifted by +0.0011 (+1.96%).

2016 Avg (December) 0.0561

2015 Avg (December) 0.0550

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0551	0.0542	0.0549
February	0.0560	0.0548	0.0553
March	0.0561	0.0549	0.0554
April	0.0559	0.0549	0.0556
May	0.0560	0.0550	0.0555
June	0.0563	0.0550	0.0556
July	0.0557	0.0553	0.0555
August	0.0560	0.0552	0.0556
September	0.0559	0.0552	0.0554
October	0.0555	0.0548	0.0552
November	0.0562	0.0544	0.0556
December	0.0566	0.0558	0.0561