2016 RSD to MKD Historical Review

YEARLY HIGH

0.5125 MKD

YEARLY LOW

0.4960 MKD

YEARLY AVERAGE

0.5004 MKD

2016 RSD to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the RSD to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on April 30, valuing the pair at 0.5125. Conversely, the yearly low was recorded on June 26, dropping to 0.4960.

This high-to-low spread represents a total annual volatility of 0.0165 MKD. From a start-to-finish perspective, comparing the January average rate of 0.5023 to the December average rate of 0.4989, the exchange rate registered a net change of -0.67% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.5125 was down 0.68% compared to the 2015 peak of 0.5160, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,563 MKD

2015 Average 2,548 MKD

Yearly Trough Low 2,480 MKD

Transaction Impact: A difference of 82.48 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.5030

0.4985

JanuMarcMayJulySeptNove

RSD 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 0.5012, compared to 0.4995 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0017 points.

H1 Avg (Jan–Jun) 0.5012

H2 Avg (Jul–Dec) 0.4995

Volatility Range Comparison

Volatility

The most volatile month in 2016 was May, with a trading range of 0.0133 MKD (High: 0.5122 / Low: 0.4989). On the other end, July was the most stable month, with a tight range of 0.0017 MKD (High: 0.4998 / Low: 0.4982).

May Spread (Volatile) ±0.0133

July Spread (Stable) ±0.0017

Growth Streaks & Declines

Trends

Between June and September, 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 May and June, when the average rate fell by 0.0031 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0031

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2016: 0.5026) against the same month in 2015 (average: 0.5127), the exchange rate shifted by -0.0101 (-1.98%).

2016 Avg (April) 0.5026

2015 Avg (April) 0.5127

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.5060	0.4991	0.5023
February	0.5066	0.4985	0.5015
March	0.5023	0.4986	0.5002
April	0.5125	0.5006	0.5026
May	0.5122	0.4989	0.5019
June	0.5011	0.4960	0.4988
July	0.4998	0.4982	0.4990
August	0.5023	0.4985	0.4998
September	0.5015	0.4984	0.4999
October	0.5008	0.4990	0.4998
November	0.5021	0.4985	0.4999
December	0.5003	0.4977	0.4989