2016 MMK to MKD Historical Review

YEARLY HIGH

0.0476 MKD

YEARLY LOW

0.0425 MKD

YEARLY AVERAGE

0.0451 MKD

2016 MMK to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the MMK to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on July 8, valuing the pair at 0.0476. Conversely, the yearly low was recorded on December 22, dropping to 0.0425.

This high-to-low spread represents a total annual volatility of 0.0051 MKD. From a start-to-finish perspective, comparing the January average rate of 0.0436 to the December average rate of 0.0433, the exchange rate registered a net change of -0.79% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.0476 was down 16.01% compared to the 2015 peak of 0.0567, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 MMK based on timing:

Yearly Peak High 238 MKD

2015 Average 251 MKD

Yearly Trough Low 213 MKD

Transaction Impact: A difference of 25.65 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.0475

0.0429

JanuMarcMayJulySeptNove

MMK to MKD 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 0.0454, compared to 0.0448 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0006 points.

H1 Avg (Jan–Jun) 0.0454

H2 Avg (Jul–Dec) 0.0448

Volatility Range Comparison

Volatility

The most volatile month in 2016 was February, with a trading range of 0.0024 MKD (High: 0.0457 / Low: 0.0433). On the other end, January was the most stable month, with a tight range of 0.0007 MKD (High: 0.0439 / Low: 0.0432).

February Spread (Volatile) ±0.0024

January Spread (Stable) ±0.0007

Growth Streaks & Declines

Trends

Between January and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.0013 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0013

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2016: 0.0472) against the same month in 2015 (average: 0.0511), the exchange rate shifted by -0.0039 (-7.66%).

2016 Avg (July) 0.0472

2015 Avg (July) 0.0511

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0439	0.0432	0.0436
February	0.0457	0.0433	0.0445
March	0.0458	0.0449	0.0455
April	0.0470	0.0446	0.0460
May	0.0470	0.0459	0.0465
June	0.0475	0.0453	0.0461
July	0.0476	0.0465	0.0472
August	0.0469	0.0452	0.0461
September	0.0459	0.0435	0.0447
October	0.0446	0.0432	0.0438
November	0.0446	0.0431	0.0439
December	0.0440	0.0425	0.0433