2016 MRO to MKD Historical Review

YEARLY HIGH

0.1850 MKD

YEARLY LOW

0.1514 MKD

YEARLY AVERAGE

0.1586 MKD

2016 MRO to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the MRO to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 6, valuing the pair at 0.1850. Conversely, the yearly low was recorded on June 23, dropping to 0.1514.

This high-to-low spread represents a total annual volatility of 0.0336 MKD. From a start-to-finish perspective, comparing the January average rate of 0.1696 to the December average rate of 0.1630, the exchange rate registered a net change of -3.87% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.1850 was down 8.22% compared to the 2015 peak of 0.2016, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 925 MKD

2015 Average 897 MKD

Yearly Trough Low 757 MKD

Transaction Impact: A difference of 168.00 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.1712

0.1523

JanuMarcMayJulySeptNove

MRO 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 0.1599, compared to 0.1574 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0025 points.

H1 Avg (Jan–Jun) 0.1599

H2 Avg (Jul–Dec) 0.1574

Volatility Range Comparison

Volatility

The most volatile month in 2016 was January, with a trading range of 0.0212 MKD (High: 0.1850 / Low: 0.1638). On the other end, September was the most stable month, with a tight range of 0.0013 MKD (High: 0.1551 / Low: 0.1538).

January Spread (Volatile) ±0.0212

September Spread (Stable) ±0.0013

Growth Streaks & Declines

Trends

Between September and December, 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 January and February, when the average rate fell by 0.0074 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0074

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2016: 0.1696) against the same month in 2015 (average: 0.1806), the exchange rate shifted by -0.0110 (-6.08%).

2016 Avg (January) 0.1696

2015 Avg (January) 0.1806

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1850	0.1638	0.1696
February	0.1661	0.1592	0.1622
March	0.1648	0.1580	0.1610
April	0.1592	0.1560	0.1575
May	0.1594	0.1528	0.1552
June	0.1567	0.1514	0.1539
July	0.1579	0.1554	0.1565
August	0.1565	0.1527	0.1546
September	0.1551	0.1538	0.1544
October	0.1581	0.1538	0.1563
November	0.1627	0.1548	0.1594
December	0.1653	0.1600	0.1630