2016 PYG to MKD Historical Review

YEARLY HIGH

0.0103 MKD

YEARLY LOW

0.0094 MKD

YEARLY AVERAGE

0.0098 MKD

2016 PYG to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the PYG to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 20, valuing the pair at 0.0103. Conversely, the yearly low was recorded on February 4, dropping to 0.0094.

This high-to-low spread represents a total annual volatility of 0.0009 MKD. From a start-to-finish perspective, comparing the January average rate of 0.0096 to the December average rate of 0.0101, the exchange rate registered a net change of 4.88% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.0103 was down 15.71% compared to the 2015 peak of 0.0122, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 52 MKD

2015 Average 53 MKD

Yearly Trough Low 47 MKD

Transaction Impact: A difference of 4.71 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.0101

0.0095

JanuMarcMayJulySeptNove

PYG 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 0.0097, compared to 0.0099 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0003 points.

H1 Avg (Jan–Jun) 0.0097

H2 Avg (Jul–Dec) 0.0099

Volatility Range Comparison

Volatility

The most volatile month in 2016 was February, with a trading range of 0.0005 MKD (High: 0.0099 / Low: 0.0094). On the other end, September was the most stable month, with a tight range of 0.0002 MKD (High: 0.0100 / Low: 0.0098).

February Spread (Volatile) ±0.0005

September Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

Between February and April, 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 April and May, when the average rate fell by 0.0000 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2016: 0.0101) against the same month in 2015 (average: 0.0097), the exchange rate shifted by +0.0003 (+3.46%).

2016 Avg (December) 0.0101

2015 Avg (December) 0.0097

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0098	0.0095	0.0096
February	0.0099	0.0094	0.0096
March	0.0099	0.0096	0.0097
April	0.0099	0.0096	0.0098
May	0.0098	0.0096	0.0097
June	0.0099	0.0095	0.0097
July	0.0100	0.0098	0.0099
August	0.0100	0.0098	0.0099
September	0.0100	0.0098	0.0099
October	0.0100	0.0098	0.0099
November	0.0101	0.0097	0.0099
December	0.0103	0.0098	0.0101