2016 CVE to MKD Historical Review

YEARLY HIGH

0.5739 MKD

YEARLY LOW

0.5503 MKD

YEARLY AVERAGE

0.5584 MKD

2016 CVE to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the CVE to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 28, valuing the pair at 0.5739. Conversely, the yearly low was recorded on March 10, dropping to 0.5503.

This high-to-low spread represents a total annual volatility of 0.0236 MKD. From a start-to-finish perspective, comparing the January average rate of 0.5584 to the December average rate of 0.5580, the exchange rate registered a net change of -0.07% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.5739 was up 1.59% compared to the 2015 peak of 0.5649, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,870 MKD

2015 Average 2,791 MKD

Yearly Trough Low 2,752 MKD

Transaction Impact: A difference of 118.15 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.5612

0.5573

JanuMarcMayJulySeptNove

CVE 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 0.5587, compared to 0.5582 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0005 points.

H1 Avg (Jan–Jun) 0.5587

H2 Avg (Jul–Dec) 0.5582

Volatility Range Comparison

Volatility

The most volatile month in 2016 was December, with a trading range of 0.0228 MKD (High: 0.5739 / Low: 0.5511). On the other end, July was the most stable month, with a tight range of 0.0036 MKD (High: 0.5602 / Low: 0.5566).

December Spread (Volatile) ±0.0228

July Spread (Stable) ±0.0036

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 (December 2016: 0.5580) against the same month in 2015 (average: 0.5582), the exchange rate shifted by -0.0002 (-0.03%).

2016 Avg (December) 0.5580

2015 Avg (December) 0.5582

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.5606	0.5568	0.5584
February	0.5605	0.5546	0.5580
March	0.5603	0.5503	0.5576
April	0.5684	0.5560	0.5595
May	0.5678	0.5574	0.5608
June	0.5610	0.5537	0.5578
July	0.5602	0.5566	0.5581
August	0.5609	0.5563	0.5585
September	0.5612	0.5568	0.5585
October	0.5597	0.5556	0.5579
November	0.5607	0.5564	0.5580
December	0.5739	0.5511	0.5580

2016 CVE నుండి MKD చారిత్రక సమీక్ష