2016 MKD to TJS Historical Review

YEARLY HIGH

0.1467 TJS

YEARLY LOW

0.1235 TJS

YEARLY AVERAGE

0.1408 TJS

2016 MKD to TJS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the MKD to TJS exchange rate experienced significant fluctuation. The market reached its absolute peak on May 4, valuing the pair at 0.1467. Conversely, the yearly low was recorded on January 1, dropping to 0.1235.

This high-to-low spread represents a total annual volatility of 0.0232 TJS. From a start-to-finish perspective, comparing the January average rate of 0.1303 to the December average rate of 0.1349, the exchange rate registered a net change of 3.53% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.1467 was up 18.23% compared to the 2015 peak of 0.1241, 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 733 TJS

2015 Average 555 TJS

Yearly Trough Low 617 TJS

Transaction Impact: A difference of 115.84 TJS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.1460

0.1289

JanuMarcMayJulySeptNove

MKD to TJS 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 0.1411, compared to 0.1404 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0007 points.

H1 Avg (Jan–Jun) 0.1411

H2 Avg (Jul–Dec) 0.1404

Volatility Range Comparison

Volatility

The most volatile month in 2016 was January, with a trading range of 0.0145 TJS (High: 0.1380 / Low: 0.1235). On the other end, September was the most stable month, with a tight range of 0.0016 TJS (High: 0.1440 / Low: 0.1424).

January Spread (Volatile) ±0.0145

September Spread (Stable) ±0.0016

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 0.0033 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0033

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2016: 0.1442) against the same month in 2015 (average: 0.1138), the exchange rate shifted by +0.0303 (+26.66%).

2016 Avg (May) 0.1442

2015 Avg (May) 0.1138

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1380	0.1235	0.1303
February	0.1439	0.1387	0.1417
March	0.1452	0.1389	0.1423
April	0.1458	0.1434	0.1446
May	0.1467	0.1420	0.1442
June	0.1456	0.1410	0.1437
July	0.1428	0.1405	0.1416
August	0.1449	0.1414	0.1432
September	0.1440	0.1424	0.1433
October	0.1436	0.1393	0.1412
November	0.1424	0.1353	0.1382
December	0.1377	0.1326	0.1349