2016 MKD to MGA Historical Review

YEARLY HIGH

60.7024 MGA

YEARLY LOW

53.1890 MGA

YEARLY AVERAGE

57.1075 MGA

2016 MKD to MGA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the MKD to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on June 23, valuing the pair at 60.7024. Conversely, the yearly low was recorded on July 29, dropping to 53.1890.

This high-to-low spread represents a total annual volatility of 7.5133 MGA. From a start-to-finish perspective, comparing the January average rate of 56.6614 to the December average rate of 57.1141, the exchange rate registered a net change of 0.80% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 60.7024 was down 1.66% compared to the 2015 peak of 61.7282, 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 303,512 MGA

2015 Average 279,720 MGA

Yearly Trough Low 265,945 MGA

Transaction Impact: A difference of 37,566.75 MGA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

60.0684

54.5020

JanuMarcMayJulySeptNove

MKD to MGA 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 58.0675, compared to 56.1476 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.9199 points.

H1 Avg (Jan–Jun) 58.0675

H2 Avg (Jul–Dec) 56.1476

Volatility Range Comparison

Volatility

The most volatile month in 2016 was July, with a trading range of 5.1236 MGA (High: 58.3126 / Low: 53.1890). On the other end, October was the most stable month, with a tight range of 0.6910 MGA (High: 57.2939 / Low: 56.6029).

July Spread (Volatile) ±5.1236

October Spread (Stable) ±0.6910

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 June and July, when the average rate fell by 4.2151 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -4.2151

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2016: 59.6046) against the same month in 2015 (average: 57.9474), the exchange rate shifted by +1.6571 (+2.86%).

2016 Avg (June) 59.6046

2015 Avg (June) 57.9474

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	57.0242	56.1567	56.6614
February	58.2958	56.5065	57.4431
March	59.1964	56.5739	57.9602
April	59.0284	58.0433	58.4936
May	58.8553	57.8202	58.2420
June	60.7024	58.5178	59.6046
July	58.3126	53.1890	55.3895
August	55.9941	53.5857	54.9659
September	56.7284	54.9787	55.5169
October	57.2939	56.6029	57.0141
November	57.8425	56.2621	56.8850
December	58.1963	55.7376	57.1141