2016 MKD to TND Historical Review

YEARLY HIGH

0.0403 TND

YEARLY LOW

0.0359 TND

YEARLY AVERAGE

0.0386 TND

2016 MKD to TND Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the MKD to TND exchange rate experienced significant fluctuation. The market reached its absolute peak on October 9, valuing the pair at 0.0403. Conversely, the yearly low was recorded on January 5, dropping to 0.0359.

This high-to-low spread represents a total annual volatility of 0.0044 TND. From a start-to-finish perspective, comparing the January average rate of 0.0360 to the December average rate of 0.0396, the exchange rate registered a net change of 9.76% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.0403 was up 7.95% compared to the 2015 peak of 0.0373, 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 201 TND

2015 Average 177 TND

Yearly Trough Low 179 TND

Transaction Impact: A difference of 22.04 TND purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.0405

0.0356

JanuMarcMayJulySeptNove

MKD to TND 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 0.0372, compared to 0.0399 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0028 points.

H1 Avg (Jan–Jun) 0.0372

H2 Avg (Jul–Dec) 0.0399

Volatility Range Comparison

Volatility

The most volatile month in 2016 was May, with a trading range of 0.0016 TND (High: 0.0381 / Low: 0.0365). On the other end, September was the most stable month, with a tight range of 0.0002 TND (High: 0.0402 / Low: 0.0400).

May Spread (Volatile) ±0.0016

September Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

Between January and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0003 points.

Longest Streak 8 Mo.

Sharpest MoM Drop -0.0003

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2016: 0.0401) against the same month in 2015 (average: 0.0360), the exchange rate shifted by +0.0041 (+11.36%).

2016 Avg (October) 0.0401

2015 Avg (October) 0.0360

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0362	0.0359	0.0360
February	0.0367	0.0361	0.0365
March	0.0372	0.0362	0.0366
April	0.0374	0.0365	0.0370
May	0.0381	0.0365	0.0376
June	0.0398	0.0384	0.0394
July	0.0402	0.0396	0.0398
August	0.0403	0.0398	0.0401
September	0.0402	0.0400	0.0401
October	0.0403	0.0400	0.0401
November	0.0403	0.0396	0.0399
December	0.0401	0.0391	0.0396