2016 MXN to MKD Historical Review

YEARLY HIGH

3.2978 MKD

YEARLY LOW

2.7204 MKD

YEARLY AVERAGE

2.9837 MKD

2016 MXN to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the MXN to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 5, valuing the pair at 3.2978. Conversely, the yearly low was recorded on November 12, dropping to 2.7204.

This high-to-low spread represents a total annual volatility of 0.5774 MKD. From a start-to-finish perspective, comparing the January average rate of 3.1452 to the December average rate of 2.8446, the exchange rate registered a net change of -9.56% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 3.2978 was down 13.75% compared to the 2015 peak of 3.8234, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 50,000 MXN based on timing:

Yearly Peak High 164,890 MKD

2015 Average 174,993 MKD

Yearly Trough Low 136,018 MKD

Transaction Impact: A difference of 28,872.12 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

3.1757

2.8098

JanuMarcMayJulySeptNove

MXN 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 3.0581, compared to 2.9093 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1488 points.

H1 Avg (Jan–Jun) 3.0581

H2 Avg (Jul–Dec) 2.9093

Volatility Range Comparison

Volatility

The most volatile month in 2016 was November, with a trading range of 0.3144 MKD (High: 3.0347 / Low: 2.7204). On the other end, March was the most stable month, with a tight range of 0.0725 MKD (High: 3.1704 / Low: 3.0979).

November Spread (Volatile) ±0.3144

March Spread (Stable) ±0.0725

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2016. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.1397 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.1397

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2016: 3.1452) against the same month in 2015 (average: 3.5791), the exchange rate shifted by -0.4339 (-12.12%).

2016 Avg (January) 3.1452

2015 Avg (January) 3.5791

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	3.2978	3.0363	3.1452
February	3.1108	2.8552	3.0056
March	3.1704	3.0979	3.1387
April	3.1932	3.0339	3.1129
May	3.1847	2.9698	3.0117
June	3.0146	2.8913	2.9342
July	3.0253	2.9368	2.9918
August	3.0406	2.9045	2.9725
September	2.9966	2.7542	2.8628
October	3.0483	2.8215	2.9437
November	3.0347	2.7204	2.8403
December	2.9046	2.7826	2.8446