2016 MKD to SVC Historical Review

YEARLY HIGH

0.1628 SVC

YEARLY LOW

0.1475 SVC

YEARLY AVERAGE

0.1572 SVC

2016 MKD to SVC Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the MKD to SVC exchange rate experienced significant fluctuation. The market reached its absolute peak on May 4, valuing the pair at 0.1628. Conversely, the yearly low was recorded on December 20, dropping to 0.1475.

This high-to-low spread represents a total annual volatility of 0.0154 SVC. From a start-to-finish perspective, comparing the January average rate of 0.1543 to the December average rate of 0.1498, the exchange rate registered a net change of -2.91% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.1628 was down 6.40% compared to the 2015 peak of 0.1740, 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 814 SVC

2015 Average 789 SVC

Yearly Trough Low 737 SVC

Transaction Impact: A difference of 76.85 SVC purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.1617

0.1488

JanuMarcMayJulySeptNove

MKD to SVC 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 0.1584, compared to 0.1560 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0024 points.

H1 Avg (Jan–Jun) 0.1584

H2 Avg (Jul–Dec) 0.1560

Volatility Range Comparison

Volatility

The most volatile month in 2016 was November, with a trading range of 0.0078 SVC (High: 0.1581 / Low: 0.1503). On the other end, September was the most stable month, with a tight range of 0.0011 SVC (High: 0.1598 / Low: 0.1587).

November Spread (Volatile) ±0.0078

September Spread (Stable) ±0.0011

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 0.0037 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0037

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2016: 0.1602) against the same month in 2015 (average: 0.1584), the exchange rate shifted by +0.0018 (+1.14%).

2016 Avg (May) 0.1602

2015 Avg (May) 0.1584

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1550	0.1531	0.1543
February	0.1605	0.1544	0.1576
March	0.1612	0.1543	0.1580
April	0.1620	0.1594	0.1606
May	0.1628	0.1578	0.1602
June	0.1619	0.1565	0.1597
July	0.1587	0.1562	0.1574
August	0.1610	0.1573	0.1592
September	0.1598	0.1587	0.1592
October	0.1596	0.1547	0.1569
November	0.1581	0.1503	0.1535
December	0.1526	0.1475	0.1498