2016 ZMK to MKD Historical Review

YEARLY HIGH

0.0113 MKD

YEARLY LOW

0.0102 MKD

YEARLY AVERAGE

0.0106 MKD

2016 ZMK to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the ZMK to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 20, valuing the pair at 0.0113. Conversely, the yearly low was recorded on May 4, dropping to 0.0102.

This high-to-low spread represents a total annual volatility of 0.0011 MKD. From a start-to-finish perspective, comparing the January average rate of 0.0108 to the December average rate of 0.0111, the exchange rate registered a net change of 3.04% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.0113 was up 0.94% compared to the 2015 peak of 0.0112, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 56 MKD

2015 Average 53 MKD

Yearly Trough Low 51 MKD

Transaction Impact: A difference of 5.34 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.0112

0.0103

JanuMarcMayJulySeptNove

ZMK 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 0.0105, compared to 0.0107 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 0.0105

H2 Avg (Jul–Dec) 0.0107

Volatility Range Comparison

Volatility

The most volatile month in 2016 was November, with a trading range of 0.0006 MKD (High: 0.0111 / Low: 0.0105). On the other end, September was the most stable month, with a tight range of 0.0001 MKD (High: 0.0105 / Low: 0.0104).

November Spread (Volatile) ±0.0006

September Spread (Stable) ±0.0001

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 0.0002 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2016: 0.0111) against the same month in 2015 (average: 0.0107), the exchange rate shifted by +0.0004 (+3.45%).

2016 Avg (December) 0.0111

2015 Avg (December) 0.0107

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0109	0.0107	0.0108
February	0.0108	0.0104	0.0106
March	0.0108	0.0103	0.0105
April	0.0104	0.0103	0.0104
May	0.0105	0.0102	0.0104
June	0.0106	0.0103	0.0104
July	0.0107	0.0105	0.0106
August	0.0106	0.0103	0.0105
September	0.0105	0.0104	0.0105
October	0.0108	0.0104	0.0106
November	0.0111	0.0105	0.0109
December	0.0113	0.0109	0.0111