YEARLY HIGH
0.6745 MKD
YEARLY LOW
0.5730 MKD
YEARLY AVERAGE
0.6237 MKD

2016 LRD to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the LRD to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 24, valuing the pair at 0.6745. Conversely, the yearly low was recorded on August 18, dropping to 0.5730.

This high-to-low spread represents a total annual volatility of 0.1015 MKD. From a start-to-finish perspective, comparing the January average rate of 0.6624 to the December average rate of 0.6350, the exchange rate registered a net change of -4.13% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.6745 was down 2.68% compared to the 2015 peak of 0.6931, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,373 MKD
2015 Average 3,229 MKD
Yearly Trough Low 2,865 MKD
Transaction Impact: A difference of 507.71 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.6688
0.5924
JanuMarcMayJulySeptNove

LRD 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 0.6333, compared to 0.6142 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0191 points.

H1 Avg (Jan–Jun) 0.6333
H2 Avg (Jul–Dec) 0.6142

Volatility Range Comparison

Volatility

The most volatile month in 2016 was April, with a trading range of 0.0436 MKD (High: 0.6433 / Low: 0.5997). On the other end, September was the most stable month, with a tight range of 0.0079 MKD (High: 0.6042 / Low: 0.5963).

April Spread (Volatile) ±0.0436
September Spread (Stable) ±0.0079

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 March and April, when the average rate fell by 0.0341 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0341

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2016: 0.6624) against the same month in 2015 (average: 0.5749), the exchange rate shifted by +0.0875 (+15.21%).

2016 Avg (January) 0.6624
2015 Avg (January) 0.5749

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.6745 0.6336 0.6624
February 0.6696 0.6483 0.6562
March 0.6693 0.6403 0.6534
April 0.6433 0.5997 0.6193
May 0.6121 0.5930 0.6032
June 0.6164 0.5974 0.6051
July 0.6206 0.6093 0.6154
August 0.6166 0.5730 0.5987
September 0.6042 0.5963 0.6005
October 0.6260 0.5969 0.6094
November 0.6400 0.6060 0.6261
December 0.6479 0.6265 0.6350