YEARLY HIGH
0.0259 AUD
YEARLY LOW
0.0230 AUD
YEARLY AVERAGE
0.0242 AUD

2016 MKD to AUD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the MKD to AUD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 17, valuing the pair at 0.0259. Conversely, the yearly low was recorded on November 28, dropping to 0.0230.

This high-to-low spread represents a total annual volatility of 0.0028 AUD. From a start-to-finish perspective, comparing the January average rate of 0.0251 to the December average rate of 0.0234, the exchange rate registered a net change of -7.12% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.0259 was down 1.47% compared to the 2015 peak of 0.0263, 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 129 AUD
2015 Average 120 AUD
Yearly Trough Low 115 AUD
Transaction Impact: A difference of 14.24 AUD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.0255
0.0231
JanuMarcMayJulySeptNove

MKD to AUD 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 0.0247, compared to 0.0237 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) 0.0247
H2 Avg (Jul–Dec) 0.0237

Volatility Range Comparison

Volatility

The most volatile month in 2016 was January, with a trading range of 0.0016 AUD (High: 0.0259 / Low: 0.0242). On the other end, November was the most stable month, with a tight range of 0.0005 AUD (High: 0.0236 / Low: 0.0230).

January Spread (Volatile) ±0.0016
November Spread (Stable) ±0.0005

Growth Streaks & Declines

Trends

Between July and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0012 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0012

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2016: 0.0251) against the same month in 2015 (average: 0.0236), the exchange rate shifted by +0.0016 (+6.61%).

2016 Avg (January) 0.0251
2015 Avg (January) 0.0236

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0259 0.0242 0.0251
February 0.0258 0.0247 0.0253
March 0.0246 0.0239 0.0241
April 0.0246 0.0236 0.0240
May 0.0253 0.0239 0.0251
June 0.0251 0.0241 0.0247
July 0.0243 0.0236 0.0239
August 0.0242 0.0235 0.0239
September 0.0244 0.0237 0.0240
October 0.0240 0.0231 0.0236
November 0.0236 0.0230 0.0233
December 0.0238 0.0230 0.0234