2016 MKD āĻĨā§āĻā§ CDF-āĻāϰ āĻāϤāĻŋāĻšāĻžāϏāĻŋāĻ āĻĒāϰā§āϝāĻžāϞā§āĻāύāĻž
2016 āϏāĻžāϞ āĻā§āĻĄāĻŧā§ āĻŦāĻŋāύāĻŋāĻŽāϝāĻŧ āĻšāĻžāϰā§āϰ āĻāϰā§āĻŽāĻā§āώāĻŽāϤāĻžāϰ āĻāĻāĻāĻŋ āĻŦāĻŋāĻļāĻĻ āĻŦāĻŋāĻļā§āϞā§āώāĻŖāĨ¤
2016 MKD to CDF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2016
During 2016, the MKD to CDF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 24, valuing the pair at 20.2800. Conversely, the yearly low was recorded on November 17, dropping to 15.8859.
This high-to-low spread represents a total annual volatility of 4.3942 CDF. From a start-to-finish perspective, comparing the January average rate of 16.3552 to the December average rate of 19.9501, the exchange rate registered a net change of 21.98% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2016 high of 20.2800 was up 10.50% compared to the 2015 peak of 18.3536, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 MKD based on timing:
āĻĒā§āϰāĻŦāĻŖāϤāĻžāϰ āĻāĻŋāϤā§āϰāĻžāϝāĻŧāύ
2016 āϏāĻžāϞ āĻā§āĻĄāĻŧā§ āĻŽāĻžāϏāĻŋāĻ āĻāĻĄāĻŧ āĻāĻ āĻžāύāĻžāĻŽāĻžāĨ¤
MKD to CDF Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: JanâJun) was 16.8431, compared to 17.9218 in the second half (H2: JulâDec). This shows that the rate was stronger in the second half (JulâDec) by a margin of 1.0787 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2016 was November, with a trading range of 3.8454 CDF (High: 19.7313 / Low: 15.8859). On the other end, September was the most stable month, with a tight range of 0.2341 CDF (High: 17.9038 / Low: 17.6698).
Growth Streaks & Declines
TrendsBetween 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 September and October, when the average rate fell by 0.3426 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2016: 19.9501) against the same month in 2015 (average: 16.4176), the exchange rate shifted by +3.5324 (+21.52%).
āĻŽāĻžāϏāĻŋāĻ āĻŦāĻŋāĻļā§āϞā§āώāĻŖ
āĻĒā§āϰāϤāĻŋāĻāĻŋ āĻā§āϝāĻžāϞā§āύā§āĻĄāĻžāϰ āĻŽāĻžāϏā§āϰ āĻĒāϰāĻŋāϏāĻāĻā§āϝāĻžāύāĻāϤ āϏāĻžāϰāϏāĻāĻā§āώā§āĻĒāĨ¤
| Month | High | Low | Average |
|---|---|---|---|
| January | 16.4681 | 16.2291 | 16.3552 |
| February | 17.0439 | 16.3804 | 16.7397 |
| March | 17.0947 | 16.3002 | 16.7577 |
| April | 17.1847 | 16.9223 | 17.0506 |
| May | 17.3228 | 16.7515 | 16.9980 |
| June | 17.7461 | 16.6762 | 17.1572 |
| July | 17.7317 | 16.9724 | 17.1247 |
| August | 18.0703 | 17.4923 | 17.7798 |
| September | 17.9038 | 17.6698 | 17.7729 |
| October | 17.9067 | 17.0734 | 17.4304 |
| November | 19.7313 | 15.8859 | 17.4727 |
| December | 20.2800 | 19.6524 | 19.9501 |