2016 UAH to MKD Historical Review

YEARLY HIGH

2.4376 MKD

YEARLY LOW

2.0513 MKD

YEARLY AVERAGE

2.1792 MKD

2016 UAH to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the UAH to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 12, valuing the pair at 2.4376. Conversely, the yearly low was recorded on February 23, dropping to 2.0513.

This high-to-low spread represents a total annual volatility of 0.3863 MKD. From a start-to-finish perspective, comparing the January average rate of 2.3320 to the December average rate of 2.2220, the exchange rate registered a net change of -4.72% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 2.4376 was down 29.03% compared to the 2015 peak of 3.4348, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 12,188 MKD

2015 Average 12,864 MKD

Yearly Trough Low 10,257 MKD

Transaction Impact: A difference of 1,931.50 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

2.3559

2.0694

JanuMarcMayJulySeptNove

UAH 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 2.1712, compared to 2.1873 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0161 points.

H1 Avg (Jan–Jun) 2.1712

H2 Avg (Jul–Dec) 2.1873

Volatility Range Comparison

Volatility

The most volatile month in 2016 was January, with a trading range of 0.2256 MKD (High: 2.4376 / Low: 2.2120). On the other end, July was the most stable month, with a tight range of 0.0380 MKD (High: 2.2594 / Low: 2.2213).

January Spread (Volatile) ±0.2256

July Spread (Stable) ±0.0380

Growth Streaks & Declines

Trends

Between February and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.2362 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.2362

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2016: 2.3320) against the same month in 2015 (average: 3.3206), the exchange rate shifted by -0.9886 (-29.77%).

2016 Avg (January) 2.3320

2015 Avg (January) 3.3206

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.4376	2.2120	2.3320
February	2.2108	2.0513	2.0958
March	2.1826	2.0545	2.1085
April	2.1802	2.0760	2.1297
May	2.2029	2.1294	2.1644
June	2.2450	2.1675	2.1967
July	2.2594	2.2213	2.2389
August	2.2401	2.1129	2.1858
September	2.1367	2.0539	2.0933
October	2.2068	2.1137	2.1674
November	2.2729	2.1631	2.2162
December	2.2571	2.1474	2.2220