2016 PKR to MKD Historical Review

YEARLY HIGH

0.5659 MKD

YEARLY LOW

0.5126 MKD

YEARLY AVERAGE

0.5314 MKD

2016 PKR to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the PKR to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 20, valuing the pair at 0.5659. Conversely, the yearly low was recorded on May 4, dropping to 0.5126.

This high-to-low spread represents a total annual volatility of 0.0533 MKD. From a start-to-finish perspective, comparing the January average rate of 0.5402 to the December average rate of 0.5572, the exchange rate registered a net change of 3.15% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.5659 was down 1.89% compared to the 2015 peak of 0.5768, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 500,000 PKR based on timing:

Yearly Peak High 282,954 MKD

2015 Average 269,800 MKD

Yearly Trough Low 256,307 MKD

Transaction Impact: A difference of 26,647.07 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.5610

0.5160

JanuMarcMayJulySeptNove

PKR 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 0.5272, compared to 0.5357 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0085 points.

H1 Avg (Jan–Jun) 0.5272

H2 Avg (Jul–Dec) 0.5357

Volatility Range Comparison

Volatility

The most volatile month in 2016 was November, with a trading range of 0.0273 MKD (High: 0.5555 / Low: 0.5282). On the other end, September was the most stable month, with a tight range of 0.0052 MKD (High: 0.5274 / Low: 0.5223).

November Spread (Volatile) ±0.0273

September Spread (Stable) ±0.0052

Growth Streaks & Declines

Trends

Between August and December, 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 January and February, when the average rate fell by 0.0101 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0101

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2016: 0.5572) against the same month in 2015 (average: 0.5388), the exchange rate shifted by +0.0184 (+3.41%).

2016 Avg (December) 0.5572

2015 Avg (December) 0.5388

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.5447	0.5376	0.5402
February	0.5398	0.5206	0.5301
March	0.5410	0.5175	0.5285
April	0.5236	0.5157	0.5197
May	0.5290	0.5126	0.5212
June	0.5331	0.5163	0.5236
July	0.5345	0.5259	0.5303
August	0.5322	0.5185	0.5248
September	0.5274	0.5223	0.5255
October	0.5393	0.5241	0.5326
November	0.5555	0.5282	0.5438
December	0.5659	0.5464	0.5572