2016 MKD to LVL Historical Review

YEARLY HIGH

0.0115 LVL

YEARLY LOW

0.0111 LVL

YEARLY AVERAGE

0.0114 LVL

2016 MKD to LVL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the MKD to LVL exchange rate experienced significant fluctuation. The market reached its absolute peak on December 29, valuing the pair at 0.0115. Conversely, the yearly low was recorded on January 22, dropping to 0.0111.

This high-to-low spread represents a total annual volatility of 0.0004 LVL. From a start-to-finish perspective, comparing the January average rate of 0.0112 to the December average rate of 0.0114, the exchange rate registered a net change of 1.54% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.0115 was down 1.58% compared to the 2015 peak of 0.0117, 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 58 LVL

2015 Average 57 LVL

Yearly Trough Low 56 LVL

Transaction Impact: A difference of 2.01 LVL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.0114

0.0112

JanuMarcMayJulySeptNove

MKD to LVL 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 0.0114, compared to 0.0114 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0000 points.

H1 Avg (Jan–Jun) 0.0114

H2 Avg (Jul–Dec) 0.0114

Volatility Range Comparison

Volatility

The most volatile month in 2016 was November, with a trading range of 0.0003 LVL (High: 0.0114 / Low: 0.0112). On the other end, September was the most stable month, with a tight range of 0.0001 LVL (High: 0.0114 / Low: 0.0113).

November Spread (Volatile) ±0.0003

September Spread (Stable) ±0.0001

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 September and October, when the average rate fell by 0.0000 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2016: 0.0114) against the same month in 2015 (average: 0.0113), the exchange rate shifted by +0.0001 (+0.96%).

2016 Avg (December) 0.0114

2015 Avg (December) 0.0113

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0113	0.0111	0.0112
February	0.0114	0.0113	0.0113
March	0.0114	0.0113	0.0114
April	0.0114	0.0112	0.0114
May	0.0115	0.0112	0.0114
June	0.0115	0.0113	0.0114
July	0.0114	0.0113	0.0113
August	0.0114	0.0113	0.0114
September	0.0114	0.0113	0.0114
October	0.0114	0.0113	0.0113
November	0.0114	0.0112	0.0114
December	0.0115	0.0114	0.0114