YEARLY HIGH
59.3351 MKD
YEARLY LOW
53.6577 MKD
YEARLY AVERAGE
55.6495 MKD

2016 BSD to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the BSD to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 20, valuing the pair at 59.3351. Conversely, the yearly low was recorded on May 4, dropping to 53.6577.

This high-to-low spread represents a total annual volatility of 5.6774 MKD. From a start-to-finish perspective, comparing the January average rate of 56.6691 to the December average rate of 58.3813, the exchange rate registered a net change of 3.02% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 59.3351 was up 1.06% compared to the 2015 peak of 58.7108, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 296,675 MKD
2015 Average 277,182 MKD
Yearly Trough Low 268,288 MKD
Transaction Impact: A difference of 28,386.97 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

58.7765
54.0346
JanuMarcMayJulySeptNove

BSD 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 55.2049, compared to 56.0941 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.8893 points.

H1 Avg (Jan–Jun) 55.2049
H2 Avg (Jul–Dec) 56.0941

Volatility Range Comparison

Volatility

The most volatile month in 2016 was November, with a trading range of 2.9183 MKD (High: 58.2161 / Low: 55.2977). On the other end, September was the most stable month, with a tight range of 0.4244 MKD (High: 55.1310 / Low: 54.7066).

November Spread (Volatile) ±2.9183
September Spread (Stable) ±0.4244

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 1.2069 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -1.2069

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2016: 58.3813) against the same month in 2015 (average: 56.4449), the exchange rate shifted by +1.9364 (+3.43%).

2016 Avg (December) 58.3813
2015 Avg (December) 56.4449

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 57.1552 56.3694 56.6691
February 56.5540 54.4604 55.4622
March 56.6718 54.2117 55.3199
April 54.8688 53.9860 54.4297
May 55.3982 53.6577 54.5896
June 55.7873 54.0637 54.7585
July 56.0095 55.0850 55.5739
August 55.6459 54.2890 54.9383
September 55.1310 54.7066 54.9319
October 56.5264 54.7281 55.7359
November 58.2161 55.2977 57.0034
December 59.3351 57.1980 58.3813