2016 BWP to MKD Historical Review

YEARLY HIGH

5.4775 MKD

YEARLY LOW

4.8200 MKD

YEARLY AVERAGE

5.1124 MKD

2016 BWP to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the BWP to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 21, valuing the pair at 5.4775. Conversely, the yearly low was recorded on February 9, dropping to 4.8200.

This high-to-low spread represents a total annual volatility of 0.6575 MKD. From a start-to-finish perspective, comparing the January average rate of 4.9204 to the December average rate of 5.4367, the exchange rate registered a net change of 10.49% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 5.4775 was down 6.19% compared to the 2015 peak of 5.8392, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 27,388 MKD

2015 Average 27,391 MKD

Yearly Trough Low 24,100 MKD

Transaction Impact: A difference of 3,287.61 MKD purely based on transaction execution date.

প্রবণতার চিত্রায়ন

2016 সাল জুড়ে মাসিক গড় ওঠানামা।

5.4885

4.8663

JanuMarcMayJulySeptNove

BWP 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 4.9651, compared to 5.2597 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2946 points.

H1 Avg (Jan–Jun) 4.9651

H2 Avg (Jul–Dec) 5.2597

Volatility Range Comparison

Volatility

The most volatile month in 2016 was May, with a trading range of 0.2845 MKD (High: 5.1646 / Low: 4.8801). On the other end, December was the most stable month, with a tight range of 0.1191 MKD (High: 5.4775 / Low: 5.3584).

May Spread (Volatile) ±0.2845

December Spread (Stable) ±0.1191

Growth Streaks & Declines

Trends

Between May and August, 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 April and May, when the average rate fell by 0.0762 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0762

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2016: 5.4367) against the same month in 2015 (average: 5.1179), the exchange rate shifted by +0.3187 (+6.23%).

2016 Avg (December) 5.4367

2015 Avg (December) 5.1179

মাসিক বিশ্লেষণ

প্রতিটি ক্যালেন্ডার মাসের পরিসংখ্যানগত সারসংক্ষেপ।

Month	High	Low	Average
January	5.0583	4.8277	4.9204
February	5.0467	4.8200	4.9181
March	5.0158	4.8616	4.9632
April	5.1781	4.9070	5.0401
May	5.1646	4.8801	4.9638
June	5.0671	4.8760	4.9850
July	5.2132	5.0711	5.1546
August	5.3337	5.1117	5.2363
September	5.2643	5.0419	5.1672
October	5.3391	5.1626	5.2412
November	5.4130	5.2469	5.3219
December	5.4775	5.3584	5.4367

2016 BWP থেকে MKD-এর ঐতিহাসিক পর্যালোচনা