YEARLY HIGH
29.5940 MKD
YEARLY LOW
26.8288 MKD
YEARLY AVERAGE
27.8218 MKD

2016 BBD to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the BBD to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 20, valuing the pair at 29.5940. Conversely, the yearly low was recorded on May 4, dropping to 26.8288.

This high-to-low spread represents a total annual volatility of 2.7651 MKD. From a start-to-finish perspective, comparing the January average rate of 28.3346 to the December average rate of 29.1551, the exchange rate registered a net change of 2.90% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 29.5940 was up 0.81% compared to the 2015 peak of 29.3554, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 147,970 MKD
2015 Average 138,591 MKD
Yearly Trough Low 134,144 MKD
Transaction Impact: A difference of 13,825.56 MKD purely based on transaction execution date.

āĻĒā§āϰāĻŦāĻŖāϤāĻžāϰ āϚāĻŋāĻ¤ā§āϰāĻžāϝāĻŧāύ

2016 āϏāĻžāϞ āϜ⧁āĻĄāĻŧ⧇ āĻŽāĻžāϏāĻŋāĻ• āĻ—āĻĄāĻŧ āĻ“āĻ āĻžāύāĻžāĻŽāĻžāĨ¤

29.3491
27.0208
JanuMarcMayJulySeptNove

BBD 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 27.6024, compared to 28.0411 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.4387 points.

H1 Avg (Jan–Jun) 27.6024
H2 Avg (Jul–Dec) 28.0411

Volatility Range Comparison

Volatility

The most volatile month in 2016 was November, with a trading range of 1.4592 MKD (High: 29.1080 / Low: 27.6489). On the other end, September was the most stable month, with a tight range of 0.2122 MKD (High: 27.5655 / Low: 27.3533).

November Spread (Volatile) Âą1.4592
September Spread (Stable) Âą0.2122

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 0.6035 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.6035

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2016: 29.1551) against the same month in 2015 (average: 28.2224), the exchange rate shifted by +0.9327 (+3.30%).

2016 Avg (December) 29.1551
2015 Avg (December) 28.2224

āĻŽāĻžāϏāĻŋāĻ• āĻŦāĻŋāĻļā§āϞ⧇āώāĻŖ

āĻĒā§āϰāϤāĻŋāϟāĻŋ āĻ•ā§āϝāĻžāϞ⧇āĻ¨ā§āĻĄāĻžāϰ āĻŽāĻžāϏ⧇āϰ āĻĒāϰāĻŋāϏāĻ‚āĻ–ā§āϝāĻžāύāĻ—āϤ āϏāĻžāϰāϏāĻ‚āĻ•ā§āώ⧇āĻĒāĨ¤

Month High Low Average
January 28.5776 28.1847 28.3346
February 28.2770 27.2302 27.7311
March 28.3359 27.1059 27.6600
April 27.4344 26.9930 27.2149
May 27.6991 26.8288 27.2948
June 27.8936 27.0318 27.3793
July 28.0047 27.5425 27.7869
August 27.8230 27.1445 27.4691
September 27.5655 27.3533 27.4659
October 28.2632 27.3640 27.8680
November 29.1080 27.6489 28.5017
December 29.5940 28.5990 29.1551