2016 MKD to NIO Historical Review

YEARLY HIGH

0.5317 NIO

YEARLY LOW

0.4867 NIO

YEARLY AVERAGE

0.5140 NIO

2016 MKD to NIO Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the MKD to NIO exchange rate experienced significant fluctuation. The market reached its absolute peak on August 18, valuing the pair at 0.5317. Conversely, the yearly low was recorded on January 25, dropping to 0.4867.

This high-to-low spread represents a total annual volatility of 0.0451 NIO. From a start-to-finish perspective, comparing the January average rate of 0.4909 to the December average rate of 0.5018, the exchange rate registered a net change of 2.22% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.5317 was up 0.92% compared to the 2015 peak of 0.5269, 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 2,659 NIO

2015 Average 2,444 NIO

Yearly Trough Low 2,433 NIO

Transaction Impact: A difference of 225.31 NIO purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.5308

0.4873

JanuMarcMayJulySeptNove

MKD to NIO 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 0.5114, compared to 0.5167 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0054 points.

H1 Avg (Jan–Jun) 0.5114

H2 Avg (Jul–Dec) 0.5167

Volatility Range Comparison

Volatility

The most volatile month in 2016 was February, with a trading range of 0.0261 NIO (High: 0.5155 / Low: 0.4894). On the other end, September was the most stable month, with a tight range of 0.0056 NIO (High: 0.5302 / Low: 0.5246).

February Spread (Volatile) ±0.0261

September Spread (Stable) ±0.0056

Growth Streaks & Declines

Trends

Between January and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0098 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0098

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2016: 0.5247) against the same month in 2015 (average: 0.4930), the exchange rate shifted by +0.0317 (+6.43%).

2016 Avg (August) 0.5247

2015 Avg (August) 0.4930

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.4941	0.4867	0.4909
February	0.5155	0.4894	0.5056
March	0.5205	0.4972	0.5106
April	0.5221	0.5113	0.5179
May	0.5307	0.5142	0.5217
June	0.5288	0.5112	0.5214
July	0.5211	0.5103	0.5144
August	0.5317	0.5155	0.5247
September	0.5302	0.5246	0.5271
October	0.5296	0.5135	0.5210
November	0.5254	0.5003	0.5112
December	0.5104	0.4937	0.5018