2016 BIF to MKD Historical Review

YEARLY HIGH

0.0368 MKD

YEARLY LOW

0.0324 MKD

YEARLY AVERAGE

0.0345 MKD

2016 BIF to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the BIF to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 24, valuing the pair at 0.0368. Conversely, the yearly low was recorded on June 23, dropping to 0.0324.

This high-to-low spread represents a total annual volatility of 0.0044 MKD. From a start-to-finish perspective, comparing the January average rate of 0.0363 to the December average rate of 0.0348, the exchange rate registered a net change of -3.97% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.0368 was down 2.10% compared to the 2015 peak of 0.0376, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 184 MKD

2015 Average 177 MKD

Yearly Trough Low 162 MKD

Transaction Impact: A difference of 22.00 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.0366

0.0327

JanuMarcMayJulySeptNove

BIF 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 0.0352, compared to 0.0337 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0016 points.

H1 Avg (Jan–Jun) 0.0352

H2 Avg (Jul–Dec) 0.0337

Volatility Range Comparison

Volatility

The most volatile month in 2016 was June, with a trading range of 0.0032 MKD (High: 0.0355 / Low: 0.0324). On the other end, September was the most stable month, with a tight range of 0.0004 MKD (High: 0.0333 / Low: 0.0329).

June Spread (Volatile) ±0.0032

September Spread (Stable) ±0.0004

Growth Streaks & Declines

Trends

Between September and December, 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 0.0009 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0009

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2016: 0.0363) against the same month in 2015 (average: 0.0336), the exchange rate shifted by +0.0027 (+8.10%).

2016 Avg (January) 0.0363

2015 Avg (January) 0.0336

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0368	0.0360	0.0363
February	0.0362	0.0351	0.0356
March	0.0361	0.0347	0.0354
April	0.0354	0.0347	0.0350
May	0.0356	0.0344	0.0350
June	0.0355	0.0324	0.0341
July	0.0338	0.0332	0.0335
August	0.0335	0.0326	0.0331
September	0.0333	0.0329	0.0330
October	0.0339	0.0328	0.0334
November	0.0348	0.0331	0.0341
December	0.0355	0.0341	0.0348

2016 BIF నుండి MKD చారిత్రక సమీక్ష