2016 MKD to NOK Historical Review

YEARLY HIGH

0.1576 NOK

YEARLY LOW

0.1453 NOK

YEARLY AVERAGE

0.1510 NOK

2016 MKD to NOK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the MKD to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 11, valuing the pair at 0.1576. Conversely, the yearly low was recorded on October 19, dropping to 0.1453.

This high-to-low spread represents a total annual volatility of 0.0123 NOK. From a start-to-finish perspective, comparing the January average rate of 0.1555 to the December average rate of 0.1468, the exchange rate registered a net change of -5.57% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.1576 was up 0.87% compared to the 2015 peak of 0.1562, 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 788 NOK

2015 Average 728 NOK

Yearly Trough Low 727 NOK

Transaction Impact: A difference of 61.36 NOK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.1564

0.1456

JanuMarcMayJulySeptNove

MKD to NOK 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 0.1529, compared to 0.1490 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0039 points.

H1 Avg (Jan–Jun) 0.1529

H2 Avg (Jul–Dec) 0.1490

Volatility Range Comparison

Volatility

The most volatile month in 2016 was April, with a trading range of 0.0070 NOK (High: 0.1540 / Low: 0.1469). On the other end, November was the most stable month, with a tight range of 0.0016 NOK (High: 0.1486 / Low: 0.1470).

April Spread (Volatile) ±0.0070

November Spread (Stable) ±0.0016

Growth Streaks & Declines

Trends

Between May and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0031 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0031

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2016: 0.1555) against the same month in 2015 (average: 0.1459), the exchange rate shifted by +0.0096 (+6.58%).

2016 Avg (January) 0.1555

2015 Avg (January) 0.1459

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1576	0.1528	0.1555
February	0.1572	0.1536	0.1552
March	0.1543	0.1516	0.1531
April	0.1540	0.1469	0.1512
May	0.1521	0.1468	0.1509
June	0.1533	0.1499	0.1516
July	0.1540	0.1504	0.1524
August	0.1540	0.1490	0.1512
September	0.1514	0.1460	0.1496
October	0.1474	0.1453	0.1465
November	0.1486	0.1470	0.1478
December	0.1479	0.1456	0.1468