2016 MZN to MKD Historical Review

YEARLY HIGH

1.2619 MKD

YEARLY LOW

0.6980 MKD

YEARLY AVERAGE

0.9200 MKD

2016 MZN to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the MZN to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 31, valuing the pair at 1.2619. Conversely, the yearly low was recorded on October 3, dropping to 0.6980.

This high-to-low spread represents a total annual volatility of 0.5639 MKD. From a start-to-finish perspective, comparing the January average rate of 1.2238 to the December average rate of 0.8011, the exchange rate registered a net change of -34.54% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 1.2619 was down 27.21% compared to the 2015 peak of 1.7338, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 6,310 MKD

2015 Average 7,223 MKD

Yearly Trough Low 3,490 MKD

Transaction Impact: A difference of 2,819.53 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

1.2744

0.6674

JanuMarcMayJulySeptNove

MZN 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 1.0707, compared to 0.7693 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.3015 points.

H1 Avg (Jan–Jun) 1.0707

H2 Avg (Jul–Dec) 0.7693

Volatility Range Comparison

Volatility

The most volatile month in 2016 was February, with a trading range of 0.1566 MKD (High: 1.2608 / Low: 1.1042). On the other end, October was the most stable month, with a tight range of 0.0326 MKD (High: 0.7307 / Low: 0.6980).

February Spread (Volatile) ±0.1566

October Spread (Stable) ±0.0326

Growth Streaks & Declines

Trends

Between October and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.0912 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0912

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2016: 1.2238) against the same month in 2015 (average: 1.6072), the exchange rate shifted by -0.3834 (-23.85%).

2016 Avg (January) 1.2238

2015 Avg (January) 1.6072

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.2619	1.1904	1.2238
February	1.2608	1.1042	1.1488
March	1.1672	1.0556	1.1048
April	1.0774	1.0239	1.0471
May	1.0230	0.9647	0.9955
June	0.9481	0.8720	0.9043
July	0.8717	0.8059	0.8484
August	0.8096	0.7509	0.7753
September	0.7544	0.7065	0.7241
October	0.7307	0.6980	0.7180
November	0.7792	0.7182	0.7485
December	0.8204	0.7743	0.8011