2016 MKD to ZMK Historical Review

YEARLY HIGH

97.8802 ZMK

YEARLY LOW

88.6221 ZMK

YEARLY AVERAGE

94.4001 ZMK

2016 MKD to ZMK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the MKD to ZMK exchange rate experienced significant fluctuation. The market reached its absolute peak on May 4, valuing the pair at 97.8802. Conversely, the yearly low was recorded on December 20, dropping to 88.6221.

This high-to-low spread represents a total annual volatility of 9.2581 ZMK. From a start-to-finish perspective, comparing the January average rate of 92.6892 to the December average rate of 89.9638, the exchange rate registered a net change of -2.94% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 97.8802 was down 5.70% compared to the 2015 peak of 103.7932, 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 489,401 ZMK

2015 Average 474,094 ZMK

Yearly Trough Low 443,110 ZMK

Transaction Impact: A difference of 46,290.59 ZMK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

97.1599

89.3096

JanuMarcMayJulySeptNove

MKD to ZMK 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 95.1708, compared to 93.6294 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.5413 points.

H1 Avg (Jan–Jun) 95.1708

H2 Avg (Jul–Dec) 93.6294

Volatility Range Comparison

Volatility

The most volatile month in 2016 was November, with a trading range of 4.7621 ZMK (High: 94.9962 / Low: 90.2341). On the other end, September was the most stable month, with a tight range of 0.7232 ZMK (High: 96.0036 / Low: 95.2803).

November Spread (Volatile) ±4.7621

September Spread (Stable) ±0.7232

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 2.2147 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -2.2147

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2016: 96.2250) against the same month in 2015 (average: 95.2351), the exchange rate shifted by +0.9899 (+1.04%).

2016 Avg (May) 96.2250

2015 Avg (May) 95.2351

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	93.1715	91.8906	92.6892
February	96.4568	92.8674	94.7177
March	96.8798	92.6744	94.9586
April	97.3043	95.7388	96.5057
May	97.8802	94.8050	96.2250
June	97.1452	94.1438	95.9285
July	95.2093	93.2168	94.1896
August	96.7419	94.3829	95.5767
September	96.0036	95.2803	95.6192
October	95.9658	92.9127	94.2487
November	94.9962	90.2341	92.1785
December	91.8218	88.6221	89.9638