2016 MKD to GNF Historical Review

YEARLY HIGH

166.8498 GNF

YEARLY LOW

132.6754 GNF

YEARLY AVERAGE

150.2285 GNF

2016 MKD to GNF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the MKD to GNF exchange rate experienced significant fluctuation. The market reached its absolute peak on September 15, valuing the pair at 166.8498. Conversely, the yearly low was recorded on May 29, dropping to 132.6754.

This high-to-low spread represents a total annual volatility of 34.1744 GNF. From a start-to-finish perspective, comparing the January average rate of 136.5040 to the December average rate of 158.9227, the exchange rate registered a net change of 16.42% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 166.8498 was up 18.54% compared to the 2015 peak of 140.7577, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 834,249 GNF

2015 Average 663,172 GNF

Yearly Trough Low 663,377 GNF

Transaction Impact: A difference of 170,872.05 GNF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

168.3919

132.5630

JanuMarcMayJulySeptNove

MKD to GNF 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 138.2660, compared to 162.1910 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 23.9250 points.

H1 Avg (Jan–Jun) 138.2660

H2 Avg (Jul–Dec) 162.1910

Volatility Range Comparison

Volatility

The most volatile month in 2016 was June, with a trading range of 28.3872 GNF (High: 161.5787 / Low: 133.1915). On the other end, January was the most stable month, with a tight range of 2.1930 GNF (High: 137.3885 / Low: 135.1955).

June Spread (Volatile) ±28.3872

January Spread (Stable) ±2.1930

Growth Streaks & Declines

Trends

Between May and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 3.7834 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -3.7834

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2016: 165.4061) against the same month in 2015 (average: 133.2061), the exchange rate shifted by +32.2001 (+24.17%).

2016 Avg (September) 165.4061

2015 Avg (September) 133.2061

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	137.3885	135.1955	136.5040
February	141.8555	134.9403	138.8428
March	140.1192	134.9109	137.6742
April	140.7998	137.6073	139.3322
May	140.5956	132.6754	135.5488
June	161.5787	133.1915	141.6941
July	162.9218	158.9505	161.0490
August	166.6265	162.3440	164.6478
September	166.8498	163.4135	165.4061
October	166.5938	160.6187	163.0079
November	165.6840	155.6363	160.1127
December	161.7671	156.1307	158.9227

2016 MKD నుండి GNF చారిత్రక సమీక్ష