YEARLY HIGH
0.0031 MKD
YEARLY LOW
0.0025 MKD
YEARLY AVERAGE
0.0028 MKD

2016 BYR to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the BYR to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 5, valuing the pair at 0.0031. Conversely, the yearly low was recorded on February 11, dropping to 0.0025.

This high-to-low spread represents a total annual volatility of 0.0006 MKD. From a start-to-finish perspective, comparing the January average rate of 0.0029 to the December average rate of 0.0029, the exchange rate registered a net change of 1.89% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.0031 was down 33.82% compared to the 2015 peak of 0.0046, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 15 MKD
2015 Average 18 MKD
Yearly Trough Low 12 MKD
Transaction Impact: A difference of 2.90 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.0030
0.0025
JanuMarcMayJulySeptNove

BYR 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 0.0027, compared to 0.0028 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0027
H2 Avg (Jul–Dec) 0.0028

Volatility Range Comparison

Volatility

The most volatile month in 2016 was January, with a trading range of 0.0004 MKD (High: 0.0031 / Low: 0.0027). On the other end, September was the most stable month, with a tight range of 0.0000 MKD (High: 0.0028 / Low: 0.0027).

January Spread (Volatile) ±0.0004
September Spread (Stable) ±0.0000

Growth Streaks & Declines

Trends

Between February and May, 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 0.0003 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0003

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2016: 0.0029) against the same month in 2015 (average: 0.0038), the exchange rate shifted by -0.0009 (-24.50%).

2016 Avg (January) 0.0029
2015 Avg (January) 0.0038

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0031 0.0027 0.0029
February 0.0027 0.0025 0.0026
March 0.0027 0.0026 0.0027
April 0.0029 0.0027 0.0027
May 0.0028 0.0028 0.0028
June 0.0028 0.0027 0.0027
July 0.0028 0.0027 0.0028
August 0.0028 0.0027 0.0027
September 0.0028 0.0027 0.0027
October 0.0028 0.0027 0.0028
November 0.0029 0.0028 0.0028
December 0.0030 0.0029 0.0029