YEARLY HIGH
0.2022 MKD
YEARLY LOW
0.1936 MKD
YEARLY AVERAGE
0.1978 MKD

2016 HUF to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the HUF to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on May 2, valuing the pair at 0.2022. Conversely, the yearly low was recorded on June 27, dropping to 0.1936.

This high-to-low spread represents a total annual volatility of 0.0086 MKD. From a start-to-finish perspective, comparing the January average rate of 0.1959 to the December average rate of 0.1972, the exchange rate registered a net change of 0.66% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.2022 was down 2.53% compared to the 2015 peak of 0.2074, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 1,000,000 HUF based on timing:

Yearly Peak High 202,182 MKD
2015 Average 198,498 MKD
Yearly Trough Low 193,570 MKD
Transaction Impact: A difference of 8,612.20 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.2008
0.1952
JanuMarcMayJulySeptNove

HUF 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 0.1971, compared to 0.1984 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0013 points.

H1 Avg (Jan–Jun) 0.1971
H2 Avg (Jul–Dec) 0.1984

Volatility Range Comparison

Volatility

The most volatile month in 2016 was May, with a trading range of 0.0080 MKD (High: 0.2022 / Low: 0.1942). On the other end, August was the most stable month, with a tight range of 0.0021 MKD (High: 0.1997 / Low: 0.1976).

May Spread (Volatile) ±0.0080
August Spread (Stable) ±0.0021

Growth Streaks & Declines

Trends

Between July and October, 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 November and December, when the average rate fell by 0.0020 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0020

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2016: 0.1961) against the same month in 2015 (average: 0.2011), the exchange rate shifted by -0.0050 (-2.48%).

2016 Avg (May) 0.1961
2015 Avg (May) 0.2011

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1979 0.1941 0.1959
February 0.2003 0.1976 0.1986
March 0.1997 0.1959 0.1980
April 0.2013 0.1968 0.1980
May 0.2022 0.1942 0.1961
June 0.1983 0.1936 0.1962
July 0.1978 0.1939 0.1957
August 0.1997 0.1976 0.1985
September 0.2015 0.1981 0.1995
October 0.2022 0.1987 0.2003
November 0.2014 0.1967 0.1992
December 0.1994 0.1951 0.1972