2016 MKD to MAD Historical Review

YEARLY HIGH

0.1786 MAD

YEARLY LOW

0.1717 MAD

YEARLY AVERAGE

0.1762 MAD

2016 MKD to MAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the MKD to MAD exchange rate experienced significant fluctuation. The market reached its absolute peak on June 23, valuing the pair at 0.1786. Conversely, the yearly low was recorded on December 18, dropping to 0.1717.

This high-to-low spread represents a total annual volatility of 0.0069 MAD. From a start-to-finish perspective, comparing the January average rate of 0.1748 to the December average rate of 0.1732, the exchange rate registered a net change of -0.91% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.1786 was down 2.05% compared to the 2015 peak of 0.1823, 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 893 MAD

2015 Average 880 MAD

Yearly Trough Low 858 MAD

Transaction Impact: A difference of 34.49 MAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.1778

0.1728

JanuMarcMayJulySeptNove

MKD to MAD 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 0.1766, compared to 0.1758 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0008 points.

H1 Avg (Jan–Jun) 0.1766

H2 Avg (Jul–Dec) 0.1758

Volatility Range Comparison

Volatility

The most volatile month in 2016 was November, with a trading range of 0.0039 MAD (High: 0.1772 / Low: 0.1732). On the other end, September was the most stable month, with a tight range of 0.0012 MAD (High: 0.1775 / Low: 0.1764).

November Spread (Volatile) ±0.0039

September Spread (Stable) ±0.0012

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 0.0016 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0016

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2016: 0.1773) against the same month in 2015 (average: 0.1766), the exchange rate shifted by +0.0008 (+0.43%).

2016 Avg (June) 0.1773

2015 Avg (June) 0.1766

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1753	0.1740	0.1748
February	0.1775	0.1749	0.1763
March	0.1779	0.1748	0.1764
April	0.1782	0.1750	0.1774
May	0.1784	0.1749	0.1772
June	0.1786	0.1759	0.1773
July	0.1774	0.1755	0.1764
August	0.1780	0.1760	0.1771
September	0.1775	0.1764	0.1770
October	0.1774	0.1752	0.1762
November	0.1772	0.1732	0.1749
December	0.1747	0.1717	0.1732