2016 XAF to MKD Historical Review

YEARLY HIGH

0.0959 MKD

YEARLY LOW

0.0932 MKD

YEARLY AVERAGE

0.0937 MKD

2016 XAF to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the XAF to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on May 2, valuing the pair at 0.0959. Conversely, the yearly low was recorded on December 29, dropping to 0.0932.

This high-to-low spread represents a total annual volatility of 0.0027 MKD. From a start-to-finish perspective, comparing the January average rate of 0.0938 to the December average rate of 0.0937, the exchange rate registered a net change of -0.05% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.0959 was up 1.33% compared to the 2015 peak of 0.0946, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 479 MKD

2015 Average 468 MKD

Yearly Trough Low 466 MKD

Transaction Impact: A difference of 13.29 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.0940

0.0935

JanuMarcMayJulySeptNove

XAF 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 0.0938, compared to 0.0937 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 0.0938

H2 Avg (Jul–Dec) 0.0937

Volatility Range Comparison

Volatility

The most volatile month in 2016 was May, with a trading range of 0.0022 MKD (High: 0.0959 / Low: 0.0936). On the other end, November was the most stable month, with a tight range of 0.0003 MKD (High: 0.0939 / Low: 0.0935).

May Spread (Volatile) ±0.0022

November Spread (Stable) ±0.0003

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 May and June, when the average rate fell by 0.0003 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0003

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2016: 0.0940) against the same month in 2015 (average: 0.0938), the exchange rate shifted by +0.0001 (+0.15%).

2016 Avg (May) 0.0940

2015 Avg (May) 0.0938

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0940	0.0935	0.0938
February	0.0942	0.0936	0.0938
March	0.0943	0.0935	0.0938
April	0.0956	0.0935	0.0940
May	0.0959	0.0936	0.0940
June	0.0938	0.0933	0.0936
July	0.0938	0.0934	0.0936
August	0.0939	0.0934	0.0936
September	0.0940	0.0934	0.0937
October	0.0938	0.0934	0.0936
November	0.0939	0.0935	0.0937
December	0.0939	0.0932	0.0937