2016 SGD to MKD Historical Review

YEARLY HIGH

41.3761 MKD

YEARLY LOW

39.0896 MKD

YEARLY AVERAGE

40.3028 MKD

2016 SGD to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the SGD to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on July 9, valuing the pair at 41.3761. Conversely, the yearly low was recorded on January 10, dropping to 39.0896.

This high-to-low spread represents a total annual volatility of 2.2864 MKD. From a start-to-finish perspective, comparing the January average rate of 39.5834 to the December average rate of 40.6421, the exchange rate registered a net change of 2.67% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 41.3761 was down 2.90% compared to the 2015 peak of 42.6104, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 206,880 MKD

2015 Average 201,692 MKD

Yearly Trough Low 195,448 MKD

Transaction Impact: A difference of 11,432.24 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

41.3481

39.3084

JanuMarcMayJulySeptNove

SGD 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 39.9960, compared to 40.6097 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.6137 points.

H1 Avg (Jan–Jun) 39.9960

H2 Avg (Jul–Dec) 40.6097

Volatility Range Comparison

Volatility

The most volatile month in 2016 was May, with a trading range of 1.3167 MKD (High: 40.7406 / Low: 39.4238). On the other end, July was the most stable month, with a tight range of 0.3722 MKD (High: 41.3761 / Low: 41.0039).

May Spread (Volatile) ±1.3167

July Spread (Stable) ±0.3722

Growth Streaks & Declines

Trends

Between May and July, 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 0.4609 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.4609

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2016: 41.1781) against the same month in 2015 (average: 41.1198), the exchange rate shifted by +0.0584 (+0.14%).

2016 Avg (July) 41.1781

2015 Avg (July) 41.1198

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	40.1002	39.0896	39.5834
February	40.1917	39.1056	39.4784
March	40.6962	39.9960	40.3251
April	40.8185	39.9715	40.3023
May	40.7406	39.4238	39.8413
June	41.1086	39.9902	40.4456
July	41.3761	41.0039	41.1781
August	41.3046	40.2277	40.7546
September	40.7374	40.1419	40.4050
October	40.6504	40.0037	40.2966
November	40.7198	39.9233	40.3816
December	41.0337	40.2799	40.6421