2016 SAR to MKD Historical Review

YEARLY HIGH

15.7989 MKD

YEARLY LOW

14.3076 MKD

YEARLY AVERAGE

14.8370 MKD

2016 SAR to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the SAR to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 20, valuing the pair at 15.7989. Conversely, the yearly low was recorded on May 4, dropping to 14.3076.

This high-to-low spread represents a total annual volatility of 1.4913 MKD. From a start-to-finish perspective, comparing the January average rate of 15.1025 to the December average rate of 15.5651, the exchange rate registered a net change of 3.06% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 15.7989 was up 0.95% compared to the 2015 peak of 15.6507, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 78,994 MKD

2015 Average 73,891 MKD

Yearly Trough Low 71,538 MKD

Transaction Impact: A difference of 7,456.30 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

15.6702

14.4090

JanuMarcMayJulySeptNove

SAR 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 14.7187, compared to 14.9553 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2367 points.

H1 Avg (Jan–Jun) 14.7187

H2 Avg (Jul–Dec) 14.9553

Volatility Range Comparison

Volatility

The most volatile month in 2016 was November, with a trading range of 0.7842 MKD (High: 15.5208 / Low: 14.7366). On the other end, September was the most stable month, with a tight range of 0.1144 MKD (High: 14.7000 / Low: 14.5856).

November Spread (Volatile) ±0.7842

September Spread (Stable) ±0.1144

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 0.3131 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.3131

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2016: 15.5651) against the same month in 2015 (average: 15.0453), the exchange rate shifted by +0.5199 (+3.46%).

2016 Avg (December) 15.5651

2015 Avg (December) 15.0453

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	15.2287	15.0161	15.1025
February	15.0854	14.5209	14.7894
March	15.1116	14.4547	14.7508
April	14.6297	14.3960	14.5141
May	14.7699	14.3076	14.5545
June	14.8750	14.4171	14.6006
July	14.9361	14.6885	14.8175
August	14.8379	14.4766	14.6494
September	14.7000	14.5856	14.6451
October	15.0720	14.5858	14.8595
November	15.5208	14.7366	15.1953
December	15.7989	15.2259	15.5651

2016 SAR నుండి MKD చారిత్రక సమీక్ష