2016 MWK to MKD Historical Review

YEARLY HIGH

0.0867 MKD

YEARLY LOW

0.0733 MKD

YEARLY AVERAGE

0.0784 MKD

2016 MWK to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the MWK to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 5, valuing the pair at 0.0867. Conversely, the yearly low was recorded on February 14, dropping to 0.0733.

This high-to-low spread represents a total annual volatility of 0.0134 MKD. From a start-to-finish perspective, comparing the January average rate of 0.0823 to the December average rate of 0.0807, the exchange rate registered a net change of -1.84% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.0867 was down 34.54% compared to the 2015 peak of 0.1325, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 434 MKD

2015 Average 564 MKD

Yearly Trough Low 367 MKD

Transaction Impact: A difference of 67.17 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.0830

0.0743

JanuMarcMayJulySeptNove

MWK 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 0.0787, compared to 0.0781 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0007 points.

H1 Avg (Jan–Jun) 0.0787

H2 Avg (Jul–Dec) 0.0781

Volatility Range Comparison

Volatility

The most volatile month in 2016 was January, with a trading range of 0.0092 MKD (High: 0.0867 / Low: 0.0776). On the other end, September was the most stable month, with a tight range of 0.0006 MKD (High: 0.0767 / Low: 0.0760).

January Spread (Volatile) ±0.0092

September Spread (Stable) ±0.0006

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 0.0072 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0072

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2016: 0.0823) against the same month in 2015 (average: 0.1139), the exchange rate shifted by -0.0316 (-27.77%).

2016 Avg (January) 0.0823

2015 Avg (January) 0.1139

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0867	0.0776	0.0823
February	0.0784	0.0733	0.0750
March	0.0812	0.0761	0.0791
April	0.0811	0.0788	0.0799
May	0.0802	0.0775	0.0784
June	0.0793	0.0761	0.0776
July	0.0783	0.0769	0.0779
August	0.0776	0.0756	0.0765
September	0.0767	0.0760	0.0764
October	0.0788	0.0763	0.0776
November	0.0808	0.0770	0.0792
December	0.0824	0.0789	0.0807