YEARLY HIGH
32.9240 MKD
YEARLY LOW
29.9207 MKD
YEARLY AVERAGE
31.0330 MKD

2016 AWG to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the AWG to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 20, valuing the pair at 32.9240. Conversely, the yearly low was recorded on May 4, dropping to 29.9207.

This high-to-low spread represents a total annual volatility of 3.0034 MKD. From a start-to-finish perspective, comparing the January average rate of 31.6017 to the December average rate of 32.5089, the exchange rate registered a net change of 2.87% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 32.9240 was up 0.52% compared to the 2015 peak of 32.7536, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 164,620 MKD
2015 Average 154,652 MKD
Yearly Trough Low 149,603 MKD
Transaction Impact: A difference of 15,016.85 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

32.7243
30.1395
JanuMarcMayJulySeptNove

AWG 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 30.7883, compared to 31.2778 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.4895 points.

H1 Avg (Jan–Jun) 30.7883
H2 Avg (Jul–Dec) 31.2778

Volatility Range Comparison

Volatility

The most volatile month in 2016 was November, with a trading range of 1.6273 MKD (High: 32.4625 / Low: 30.8352). On the other end, September was the most stable month, with a tight range of 0.2688 MKD (High: 30.7885 / Low: 30.5197).

November Spread (Volatile) ±1.6273
September Spread (Stable) ±0.2688

Growth Streaks & Declines

Trends

Between August and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.6729 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.6729

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2016: 32.5089) against the same month in 2015 (average: 31.4832), the exchange rate shifted by +1.0256 (+3.26%).

2016 Avg (December) 32.5089
2015 Avg (December) 31.4832

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 31.8709 31.4328 31.6017
February 31.5357 30.3682 30.9288
March 31.6014 30.2296 30.8476
April 30.5960 30.1037 30.3549
May 30.8912 29.9207 30.4563
June 31.1081 30.1470 30.5402
July 31.2320 30.7165 30.9929
August 31.0293 30.2727 30.6372
September 30.7885 30.5197 30.6630
October 31.5145 30.5303 31.0785
November 32.4625 30.8352 31.7861
December 32.9240 31.8948 32.5089