YEARLY HIGH
0.0503 MKD
YEARLY LOW
0.0448 MKD
YEARLY AVERAGE
0.0480 MKD

2016 KRW to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the KRW to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on August 11, valuing the pair at 0.0503. Conversely, the yearly low was recorded on February 20, dropping to 0.0448.

This high-to-low spread represents a total annual volatility of 0.0054 MKD. From a start-to-finish perspective, comparing the January average rate of 0.0472 to the December average rate of 0.0493, the exchange rate registered a net change of 4.48% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.0503 was down 5.16% compared to the 2015 peak of 0.0530, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 251,391 MKD
2015 Average 245,134 MKD
Yearly Trough Low 224,227 MKD
Transaction Impact: A difference of 27,163.64 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.0499
0.0451
JanuMarcMayJulySeptNove

KRW 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 0.0467, compared to 0.0492 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0025 points.

H1 Avg (Jan–Jun) 0.0467
H2 Avg (Jul–Dec) 0.0492

Volatility Range Comparison

Volatility

The most volatile month in 2016 was February, with a trading range of 0.0022 MKD (High: 0.0470 / Low: 0.0448). On the other end, October was the most stable month, with a tight range of 0.0010 MKD (High: 0.0499 / Low: 0.0489).

February Spread (Volatile) ±0.0022
October Spread (Stable) ±0.0010

Growth Streaks & Declines

Trends

Between May and September, 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 0.0017 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0017

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2016: 0.0494) against the same month in 2015 (average: 0.0469), the exchange rate shifted by +0.0025 (+5.38%).

2016 Avg (August) 0.0494
2015 Avg (August) 0.0469

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0481 0.0465 0.0472
February 0.0470 0.0448 0.0455
March 0.0474 0.0458 0.0467
April 0.0481 0.0467 0.0474
May 0.0479 0.0461 0.0465
June 0.0480 0.0462 0.0469
July 0.0494 0.0478 0.0487
August 0.0503 0.0485 0.0494
September 0.0502 0.0486 0.0495
October 0.0499 0.0489 0.0495
November 0.0495 0.0484 0.0490
December 0.0500 0.0483 0.0493