2016 SVC to MKD Historical Review

YEARLY HIGH

6.7806 MKD

YEARLY LOW

6.1407 MKD

YEARLY AVERAGE

6.3641 MKD

2016 SVC to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the SVC to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 20, valuing the pair at 6.7806. Conversely, the yearly low was recorded on May 4, dropping to 6.1407.

This high-to-low spread represents a total annual volatility of 0.6400 MKD. From a start-to-finish perspective, comparing the January average rate of 6.4796 to the December average rate of 6.6740, the exchange rate registered a net change of 3.00% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 6.7806 was up 1.59% compared to the 2015 peak of 6.6742, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 33,903 MKD

2015 Average 31,693 MKD

Yearly Trough Low 30,703 MKD

Transaction Impact: A difference of 3,199.95 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

6.7189

6.1801

JanuMarcMayJulySeptNove

SVC 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 6.3143, compared to 6.4140 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0998 points.

H1 Avg (Jan–Jun) 6.3143

H2 Avg (Jul–Dec) 6.4140

Volatility Range Comparison

Volatility

The most volatile month in 2016 was November, with a trading range of 0.3271 MKD (High: 6.6535 / Low: 6.3264). On the other end, September was the most stable month, with a tight range of 0.0443 MKD (High: 6.3026 / Low: 6.2583).

November Spread (Volatile) ±0.3271

September Spread (Stable) ±0.0443

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 January and February, when the average rate fell by 0.1349 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.1349

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2016: 6.6740) against the same month in 2015 (average: 6.4714), the exchange rate shifted by +0.2026 (+3.13%).

2016 Avg (December) 6.6740

2015 Avg (December) 6.4714

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	6.5307	6.4501	6.4796
February	6.4754	6.2309	6.3447
March	6.4801	6.2017	6.3302
April	6.2721	6.1738	6.2250
May	6.3357	6.1407	6.2428
June	6.3902	6.1758	6.2634
July	6.4033	6.3012	6.3547
August	6.3584	6.2120	6.2822
September	6.3026	6.2583	6.2811
October	6.4628	6.2638	6.3759
November	6.6535	6.3264	6.5163
December	6.7806	6.5522	6.6740