2016 MKD to WST Historical Review

YEARLY HIGH

0.0481 WST

YEARLY LOW

0.0429 WST

YEARLY AVERAGE

0.0457 WST

2016 MKD to WST Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the MKD to WST exchange rate experienced significant fluctuation. The market reached its absolute peak on May 13, valuing the pair at 0.0481. Conversely, the yearly low was recorded on December 20, dropping to 0.0429.

This high-to-low spread represents a total annual volatility of 0.0052 WST. From a start-to-finish perspective, comparing the January average rate of 0.0458 to the December average rate of 0.0435, the exchange rate registered a net change of -5.01% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.0481 was down 1.88% compared to the 2015 peak of 0.0490, 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 240 WST

2015 Average 228 WST

Yearly Trough Low 214 WST

Transaction Impact: A difference of 26.04 WST purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.0471

0.0432

JanuMarcMayJulySeptNove

MKD to WST 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 0.0462, compared to 0.0452 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0011 points.

H1 Avg (Jan–Jun) 0.0462

H2 Avg (Jul–Dec) 0.0452

Volatility Range Comparison

Volatility

The most volatile month in 2016 was January, with a trading range of 0.0025 WST (High: 0.0473 / Low: 0.0448). On the other end, September was the most stable month, with a tight range of 0.0006 WST (High: 0.0463 / Low: 0.0457).

January Spread (Volatile) ±0.0025

September Spread (Stable) ±0.0006

Growth Streaks & Declines

Trends

Between March and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0011 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0011

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2016: 0.0467) against the same month in 2015 (average: 0.0446), the exchange rate shifted by +0.0021 (+4.81%).

2016 Avg (May) 0.0467

2015 Avg (May) 0.0446

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0473	0.0448	0.0458
February	0.0478	0.0454	0.0465
March	0.0465	0.0452	0.0459
April	0.0472	0.0457	0.0462
May	0.0481	0.0457	0.0467
June	0.0474	0.0453	0.0463
July	0.0467	0.0451	0.0457
August	0.0467	0.0456	0.0462
September	0.0463	0.0457	0.0460
October	0.0461	0.0447	0.0454
November	0.0457	0.0436	0.0443
December	0.0443	0.0429	0.0435