2016 MKD to MZN Historical Review

YEARLY HIGH

1.4326 MZN

YEARLY LOW

0.7924 MZN

YEARLY AVERAGE

1.1242 MZN

2016 MKD to MZN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the MKD to MZN exchange rate experienced significant fluctuation. The market reached its absolute peak on October 3, valuing the pair at 1.4326. Conversely, the yearly low was recorded on January 31, dropping to 0.7924.

This high-to-low spread represents a total annual volatility of 0.6401 MZN. From a start-to-finish perspective, comparing the January average rate of 0.8174 to the December average rate of 1.2489, the exchange rate registered a net change of 52.79% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 1.4326 was up 56.47% compared to the 2015 peak of 0.9155, 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 7,163 MZN

2015 Average 3,504 MZN

Yearly Trough Low 3,962 MZN

Transaction Impact: A difference of 3,200.75 MZN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

1.4506

0.7598

JanuMarcMayJulySeptNove

MKD to MZN 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 0.9434, compared to 1.3051 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.3617 points.

H1 Avg (Jan–Jun) 0.9434

H2 Avg (Jul–Dec) 1.3051

Volatility Range Comparison

Volatility

The most volatile month in 2016 was February, with a trading range of 0.1125 MZN (High: 0.9056 / Low: 0.7931). On the other end, January was the most stable month, with a tight range of 0.0476 MZN (High: 0.8401 / Low: 0.7924).

February Spread (Volatile) ±0.1125

January Spread (Stable) ±0.0476

Growth Streaks & Declines

Trends

Between January and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 9 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0882 points.

Longest Streak 9 Mo.

Sharpest MoM Drop -0.0882

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2016: 1.3930) against the same month in 2015 (average: 0.7785), the exchange rate shifted by +0.6145 (+78.94%).

2016 Avg (October) 1.3930

2015 Avg (October) 0.7785

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.8401	0.7924	0.8174
February	0.9056	0.7931	0.8710
March	0.9473	0.8567	0.9057
April	0.9767	0.9282	0.9552
May	1.0366	0.9775	1.0047
June	1.1467	1.0548	1.1064
July	1.2409	1.1472	1.1792
August	1.3317	1.2351	1.2908
September	1.4154	1.3255	1.3816
October	1.4326	1.3686	1.3930
November	1.3923	1.2834	1.3370
December	1.2914	1.2189	1.2489