YEARLY HIGH
1.4602 BDT
YEARLY LOW
1.3271 BDT
YEARLY AVERAGE
1.4120 BDT

2016 MKD to BDT Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the MKD to BDT exchange rate experienced significant fluctuation. The market reached its absolute peak on May 4, valuing the pair at 1.4602. Conversely, the yearly low was recorded on December 20, dropping to 1.3271.

This high-to-low spread represents a total annual volatility of 0.1331 BDT. From a start-to-finish perspective, comparing the January average rate of 1.3849 to the December average rate of 1.3586, the exchange rate registered a net change of -1.90% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 1.4602 was down 5.67% compared to the 2015 peak of 1.5479, 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 7,301 BDT
2015 Average 7,029 BDT
Yearly Trough Low 6,635 BDT
Transaction Impact: A difference of 665.46 BDT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

1.4481
1.3504
JanuMarcMayJulySeptNove

MKD to BDT 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 1.4216, compared to 1.4025 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) 1.4216
H2 Avg (Jul–Dec) 1.4025

Volatility Range Comparison

Volatility

The most volatile month in 2016 was March, with a trading range of 0.0630 BDT (High: 1.4464 / Low: 1.3833). On the other end, September was the most stable month, with a tight range of 0.0117 BDT (High: 1.4335 / Low: 1.4218).

March Spread (Volatile) ±0.0630
September Spread (Stable) ±0.0117

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 November and December, when the average rate fell by 0.0254 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0254

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2016: 1.4383) against the same month in 2015 (average: 1.4109), the exchange rate shifted by +0.0274 (+1.94%).

2016 Avg (May) 1.4383
2015 Avg (May) 1.4109

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.3918 1.3723 1.3849
February 1.4447 1.3862 1.4166
March 1.4464 1.3833 1.4160
April 1.4519 1.4289 1.4400
May 1.4602 1.4185 1.4383
June 1.4525 1.4042 1.4337
July 1.4224 1.4007 1.4108
August 1.4431 1.4103 1.4272
September 1.4335 1.4218 1.4275
October 1.4321 1.3863 1.4068
November 1.4187 1.3601 1.3840
December 1.3885 1.3271 1.3586