2016 MKD to UZS Historical Review

YEARLY HIGH

56.1974 UZS

YEARLY LOW

49.0330 UZS

YEARLY AVERAGE

53.3028 UZS

2016 MKD to UZS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the MKD to UZS exchange rate experienced significant fluctuation. The market reached its absolute peak on November 4, valuing the pair at 56.1974. Conversely, the yearly low was recorded on January 5, dropping to 49.0330.

This high-to-low spread represents a total annual volatility of 7.1644 UZS. From a start-to-finish perspective, comparing the January average rate of 49.6936 to the December average rate of 54.7328, the exchange rate registered a net change of 10.14% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 56.1974 was up 12.39% compared to the 2015 peak of 50.0022, 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 280,987 UZS

2015 Average 231,658 UZS

Yearly Trough Low 245,165 UZS

Transaction Impact: A difference of 35,822.11 UZS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

55.5743

49.1590

JanuMarcMayJulySeptNove

MKD to UZS 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 52.1906, compared to 54.4149 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2.2243 points.

H1 Avg (Jan–Jun) 52.1906

H2 Avg (Jul–Dec) 54.4149

Volatility Range Comparison

Volatility

The most volatile month in 2016 was March, with a trading range of 2.6461 UZS (High: 53.0030 / Low: 50.3569). On the other end, April was the most stable month, with a tight range of 0.7599 UZS (High: 53.5757 / Low: 52.8158).

March Spread (Volatile) ±2.6461

April Spread (Stable) ±0.7599

Growth Streaks & Declines

Trends

Between January and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.5365 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.5365

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2016: 55.0397) against the same month in 2015 (average: 47.2889), the exchange rate shifted by +7.7507 (+16.39%).

2016 Avg (November) 55.0397

2015 Avg (November) 47.2889

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	50.1645	49.0330	49.6936
February	52.1881	50.1986	51.3051
March	53.0030	50.3569	51.7224
April	53.5757	52.8158	53.1676
May	54.1387	52.9652	53.4782
June	54.5036	52.8791	53.7768
July	53.9167	52.9499	53.2403
August	55.0495	53.4451	54.2698
September	54.9729	54.1035	54.4495
October	55.3614	54.2812	54.7576
November	56.1974	54.0262	55.0397
December	55.6750	53.9853	54.7328