YEARLY HIGH
0.2869 MKD
YEARLY LOW
0.2604 MKD
YEARLY AVERAGE
0.2703 MKD

2016 GYD to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the GYD to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 15, valuing the pair at 0.2869. Conversely, the yearly low was recorded on May 4, dropping to 0.2604.

This high-to-low spread represents a total annual volatility of 0.0265 MKD. From a start-to-finish perspective, comparing the January average rate of 0.2749 to the December average rate of 0.2833, the exchange rate registered a net change of 3.05% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.2869 was up 1.14% compared to the 2015 peak of 0.2836, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,434 MKD
2015 Average 1,344 MKD
Yearly Trough Low 1,302 MKD
Transaction Impact: A difference of 132.31 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.2852
0.2622
JanuMarcMayJulySeptNove

GYD 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 0.2678, compared to 0.2728 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0050 points.

H1 Avg (Jan–Jun) 0.2678
H2 Avg (Jul–Dec) 0.2728

Volatility Range Comparison

Volatility

The most volatile month in 2016 was November, with a trading range of 0.0147 MKD (High: 0.2837 / Low: 0.2690). On the other end, September was the most stable month, with a tight range of 0.0031 MKD (High: 0.2689 / Low: 0.2658).

November Spread (Volatile) ±0.0147
September Spread (Stable) ±0.0031

Growth Streaks & Declines

Trends

Between August and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0059 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0059

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2016: 0.2833) against the same month in 2015 (average: 0.2742), the exchange rate shifted by +0.0091 (+3.32%).

2016 Avg (December) 0.2833
2015 Avg (December) 0.2742

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.2770 0.2735 0.2749
February 0.2739 0.2642 0.2690
March 0.2747 0.2625 0.2683
April 0.2668 0.2621 0.2641
May 0.2685 0.2604 0.2648
June 0.2707 0.2615 0.2658
July 0.2725 0.2681 0.2705
August 0.2715 0.2638 0.2670
September 0.2689 0.2658 0.2672
October 0.2747 0.2668 0.2713
November 0.2837 0.2690 0.2774
December 0.2869 0.2788 0.2833