YEARLY HIGH
0.0685 AED
YEARLY LOW
0.0620 AED
YEARLY AVERAGE
0.0660 AED

2016 MKD to AED Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the MKD to AED exchange rate experienced significant fluctuation. The market reached its absolute peak on May 4, valuing the pair at 0.0685. Conversely, the yearly low was recorded on December 20, dropping to 0.0620.

This high-to-low spread represents a total annual volatility of 0.0065 AED. From a start-to-finish perspective, comparing the January average rate of 0.0648 to the December average rate of 0.0629, the exchange rate registered a net change of -2.94% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.0685 was down 5.69% compared to the 2015 peak of 0.0726, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 342 AED
2015 Average 332 AED
Yearly Trough Low 310 AED
Transaction Impact: A difference of 32.39 AED purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.0679
0.0624
JanuMarcMayJulySeptNove

MKD to AED 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 0.0666, compared to 0.0655 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0010 points.

H1 Avg (Jan–Jun) 0.0666
H2 Avg (Jul–Dec) 0.0655

Volatility Range Comparison

Volatility

The most volatile month in 2016 was November, with a trading range of 0.0034 AED (High: 0.0664 / Low: 0.0631). On the other end, September was the most stable month, with a tight range of 0.0005 AED (High: 0.0671 / Low: 0.0666).

November Spread (Volatile) ±0.0034
September Spread (Stable) ±0.0005

Growth Streaks & Declines

Trends

Between January and April, 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 0.0016 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0016

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2016: 0.0673) against the same month in 2015 (average: 0.0666), the exchange rate shifted by +0.0007 (+1.04%).

2016 Avg (May) 0.0673
2015 Avg (May) 0.0666

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0652 0.0643 0.0648
February 0.0674 0.0649 0.0662
March 0.0678 0.0648 0.0664
April 0.0680 0.0669 0.0675
May 0.0685 0.0663 0.0673
June 0.0679 0.0658 0.0671
July 0.0667 0.0656 0.0661
August 0.0677 0.0660 0.0669
September 0.0671 0.0666 0.0669
October 0.0671 0.0650 0.0659
November 0.0664 0.0631 0.0645
December 0.0642 0.0620 0.0629