2016 SOS to MKD Historical Review

YEARLY HIGH

0.1058 MKD

YEARLY LOW

0.0879 MKD

YEARLY AVERAGE

0.0939 MKD

2016 SOS to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the SOS to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 24, valuing the pair at 0.1058. Conversely, the yearly low was recorded on April 11, dropping to 0.0879.

This high-to-low spread represents a total annual volatility of 0.0179 MKD. From a start-to-finish perspective, comparing the January average rate of 0.0916 to the December average rate of 0.1019, the exchange rate registered a net change of 11.32% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.1058 was up 9.67% compared to the 2015 peak of 0.0965, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 529 MKD

2015 Average 412 MKD

Yearly Trough Low 440 MKD

Transaction Impact: A difference of 89.43 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.1032

0.0880

JanuMarcMayJulySeptNove

SOS 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 0.0909, compared to 0.0968 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0060 points.

H1 Avg (Jan–Jun) 0.0909

H2 Avg (Jul–Dec) 0.0968

Volatility Range Comparison

Volatility

The most volatile month in 2016 was November, with a trading range of 0.0087 MKD (High: 0.1047 / Low: 0.0960). On the other end, September was the most stable month, with a tight range of 0.0011 MKD (High: 0.0946 / Low: 0.0935).

November Spread (Volatile) ±0.0087

September Spread (Stable) ±0.0011

Growth Streaks & Declines

Trends

Between April and July, 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 March and April, when the average rate fell by 0.0011 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0011

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2016: 0.1019) against the same month in 2015 (average: 0.0916), the exchange rate shifted by +0.0103 (+11.22%).

2016 Avg (December) 0.1019

2015 Avg (December) 0.0916

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0931	0.0907	0.0916
February	0.0927	0.0891	0.0905
March	0.0929	0.0883	0.0904
April	0.0905	0.0879	0.0892
May	0.0935	0.0886	0.0904
June	0.0953	0.0905	0.0932
July	0.0969	0.0940	0.0954
August	0.0960	0.0930	0.0943
September	0.0946	0.0935	0.0942
October	0.0981	0.0933	0.0959
November	0.1047	0.0960	0.0993
December	0.1058	0.0984	0.1019