2016 MKD to SOS Historical Review

YEARLY HIGH

11.3761 SOS

YEARLY LOW

9.4527 SOS

YEARLY AVERAGE

10.6732 SOS

2016 MKD to SOS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the MKD to SOS exchange rate experienced significant fluctuation. The market reached its absolute peak on April 11, valuing the pair at 11.3761. Conversely, the yearly low was recorded on December 24, dropping to 9.4527.

This high-to-low spread represents a total annual volatility of 1.9234 SOS. From a start-to-finish perspective, comparing the January average rate of 10.9222 to the December average rate of 9.8138, the exchange rate registered a net change of -10.15% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 11.3761 was down 20.55% compared to the 2015 peak of 14.3180, 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 56,880 SOS

2015 Average 60,882 SOS

Yearly Trough Low 47,263 SOS

Transaction Impact: A difference of 9,616.98 SOS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

11.3464

9.6745

JanuMarcMayJulySeptNove

MKD to SOS 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 11.0089, compared to 10.3375 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.6713 points.

H1 Avg (Jan–Jun) 11.0089

H2 Avg (Jul–Dec) 10.3375

Volatility Range Comparison

Volatility

The most volatile month in 2016 was November, with a trading range of 0.8608 SOS (High: 10.4122 / Low: 9.5514). On the other end, September was the most stable month, with a tight range of 0.1240 SOS (High: 10.6939 / Low: 10.5699).

November Spread (Volatile) ±0.8608

September Spread (Stable) ±0.1240

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 October and November, when the average rate fell by 0.3542 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.3542

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2016: 11.2071) against the same month in 2015 (average: 12.3129), the exchange rate shifted by -1.1058 (-8.98%).

2016 Avg (April) 11.2071

2015 Avg (April) 12.3129

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	11.0280	10.7452	10.9222
February	11.2219	10.7926	11.0506
March	11.3275	10.7609	11.0684
April	11.3761	11.0523	11.2071
May	11.2822	10.6947	11.0678
June	11.0468	10.4972	10.7372
July	10.6361	10.3169	10.4786
August	10.7523	10.4126	10.6011
September	10.6939	10.5699	10.6211
October	10.7148	10.1937	10.4324
November	10.4122	9.5514	10.0782
December	10.1658	9.4527	9.8138