2016 MKD to MVR Historical Review

YEARLY HIGH

0.2859 MVR

YEARLY LOW

0.2588 MVR

YEARLY AVERAGE

0.2744 MVR

2016 MKD to MVR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the MKD to MVR exchange rate experienced significant fluctuation. The market reached its absolute peak on May 4, valuing the pair at 0.2859. Conversely, the yearly low was recorded on December 28, dropping to 0.2588.

This high-to-low spread represents a total annual volatility of 0.0271 MVR. From a start-to-finish perspective, comparing the January average rate of 0.2701 to the December average rate of 0.2624, the exchange rate registered a net change of -2.87% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.2859 was down 5.59% compared to the 2015 peak of 0.3028, 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 1,429 MVR

2015 Average 1,380 MVR

Yearly Trough Low 1,294 MVR

Transaction Impact: A difference of 135.61 MVR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.2821

0.2606

JanuMarcMayJulySeptNove

MKD to MVR 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 0.2769, compared to 0.2720 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0049 points.

H1 Avg (Jan–Jun) 0.2769

H2 Avg (Jul–Dec) 0.2720

Volatility Range Comparison

Volatility

The most volatile month in 2016 was November, with a trading range of 0.0139 MVR (High: 0.2761 / Low: 0.2621). On the other end, September was the most stable month, with a tight range of 0.0033 MVR (High: 0.2794 / Low: 0.2761).

November Spread (Volatile) ±0.0139

September Spread (Stable) ±0.0033

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 0.0058 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0058

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2016: 0.2801) against the same month in 2015 (average: 0.2769), the exchange rate shifted by +0.0033 (+1.18%).

2016 Avg (May) 0.2801

2015 Avg (May) 0.2769

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2717	0.2678	0.2701
February	0.2813	0.2691	0.2759
March	0.2820	0.2700	0.2759
April	0.2836	0.2775	0.2803
May	0.2859	0.2753	0.2801
June	0.2830	0.2712	0.2790
July	0.2765	0.2707	0.2732
August	0.2801	0.2714	0.2764
September	0.2794	0.2761	0.2778
October	0.2789	0.2698	0.2739
November	0.2761	0.2621	0.2681
December	0.2672	0.2588	0.2624