2016 MKD to RWF Historical Review

YEARLY HIGH

14.7878 RWF

YEARLY LOW

13.0762 RWF

YEARLY AVERAGE

14.0168 RWF

2016 MKD to RWF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the MKD to RWF exchange rate experienced significant fluctuation. The market reached its absolute peak on October 3, valuing the pair at 14.7878. Conversely, the yearly low was recorded on January 6, dropping to 13.0762.

This high-to-low spread represents a total annual volatility of 1.7115 RWF. From a start-to-finish perspective, comparing the January average rate of 13.2156 to the December average rate of 14.1352, the exchange rate registered a net change of 6.96% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 14.7878 was up 7.26% compared to the 2015 peak of 13.7872, 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 73,939 RWF

2015 Average 64,278 RWF

Yearly Trough Low 65,381 RWF

Transaction Impact: A difference of 8,557.55 RWF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

14.7207

13.0787

JanuMarcMayJulySeptNove

MKD to RWF 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 13.7288, compared to 14.3047 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.5759 points.

H1 Avg (Jan–Jun) 13.7288

H2 Avg (Jul–Dec) 14.3047

Volatility Range Comparison

Volatility

The most volatile month in 2016 was June, with a trading range of 1.3028 RWF (High: 14.6401 / Low: 13.3373). On the other end, September was the most stable month, with a tight range of 0.2248 RWF (High: 14.7012 / Low: 14.4764).

June Spread (Volatile) ±1.3028

September Spread (Stable) ±0.2248

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 November and December, when the average rate fell by 0.1902 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.1902

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2016: 14.4649) against the same month in 2015 (average: 13.3664), the exchange rate shifted by +1.0985 (+8.22%).

2016 Avg (October) 14.4649

2015 Avg (October) 13.3664

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	13.3081	13.0762	13.2156
February	13.8499	13.2299	13.5970
March	14.0256	13.4840	13.7006
April	14.2336	13.7411	13.9917
May	14.2250	13.4752	13.9419
June	14.6401	13.3373	13.9264
July	14.1870	13.5344	13.8823
August	14.7257	14.1747	14.4365
September	14.7012	14.4764	14.5839
October	14.7878	14.1755	14.4649
November	14.7424	14.0203	14.3255
December	14.3151	13.8955	14.1352