2016 RON to MKD Historical Review

YEARLY HIGH

14.0310 MKD

YEARLY LOW

13.5286 MKD

YEARLY AVERAGE

13.7123 MKD

2016 RON to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the RON to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on May 2, valuing the pair at 14.0310. Conversely, the yearly low was recorded on January 31, dropping to 13.5286.

This high-to-low spread represents a total annual volatility of 0.5024 MKD. From a start-to-finish perspective, comparing the January average rate of 13.5874 to the December average rate of 13.6193, the exchange rate registered a net change of 0.23% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 14.0310 was down 0.40% compared to the 2015 peak of 14.0878, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 70,155 MKD

2015 Average 69,180 MKD

Yearly Trough Low 67,643 MKD

Transaction Impact: A difference of 2,511.92 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

13.8672

13.5620

JanuMarcMayJulySeptNove

RON 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 13.7060, compared to 13.7186 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0126 points.

H1 Avg (Jan–Jun) 13.7060

H2 Avg (Jul–Dec) 13.7186

Volatility Range Comparison

Volatility

The most volatile month in 2016 was May, with a trading range of 0.3926 MKD (High: 14.0310 / Low: 13.6384). On the other end, March was the most stable month, with a tight range of 0.0591 MKD (High: 13.8225 / Low: 13.7634).

May Spread (Volatile) ±0.3926

March Spread (Stable) ±0.0591

Growth Streaks & Declines

Trends

Between January and April, 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 September and October, when the average rate fell by 0.1528 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.1528

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2016: 13.7070) against the same month in 2015 (average: 13.8578), the exchange rate shifted by -0.1508 (-1.09%).

2016 Avg (May) 13.7070

2015 Avg (May) 13.8578

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	13.6313	13.5286	13.5874
February	13.8032	13.5830	13.7387
March	13.8225	13.7634	13.7909
April	14.0176	13.7466	13.7999
May	14.0310	13.6384	13.7070
June	13.6660	13.5501	13.6120
July	13.8205	13.5864	13.7170
August	13.8421	13.7664	13.8052
September	13.9124	13.8048	13.8417
October	13.8407	13.6327	13.6890
November	13.6895	13.5900	13.6392
December	13.6772	13.5338	13.6193

2016 RON నుండి MKD చారిత్రక సమీక్ష