YEARLY HIGH
0.1221 DKK
YEARLY LOW
0.1183 DKK
YEARLY AVERAGE
0.1209 DKK

2016 MKD to DKK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the MKD to DKK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 4, valuing the pair at 0.1221. Conversely, the yearly low was recorded on May 2, dropping to 0.1183.

This high-to-low spread represents a total annual volatility of 0.0039 DKK. From a start-to-finish perspective, comparing the January average rate of 0.1212 to the December average rate of 0.1209, the exchange rate registered a net change of -0.25% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.1221 was down 2.36% compared to the 2015 peak of 0.1251, 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 611 DKK
2015 Average 606 DKK
Yearly Trough Low 591 DKK
Transaction Impact: A difference of 19.26 DKK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.1212
0.1205
JanuMarcMayJulySeptNove

MKD to DKK 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 0.1209, compared to 0.1209 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0000 points.

H1 Avg (Jan–Jun) 0.1209
H2 Avg (Jul–Dec) 0.1209

Volatility Range Comparison

Volatility

The most volatile month in 2016 was May, with a trading range of 0.0027 DKK (High: 0.1209 / Low: 0.1183). On the other end, October was the most stable month, with a tight range of 0.0003 DKK (High: 0.1211 / Low: 0.1208).

May Spread (Volatile) ±0.0027
October Spread (Stable) ±0.0003

Growth Streaks & Declines

Trends

Between April and July, 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 March and April, when the average rate fell by 0.0005 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0005

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2016: 0.1209) against the same month in 2015 (average: 0.1213), the exchange rate shifted by -0.0004 (-0.37%).

2016 Avg (December) 0.1209
2015 Avg (December) 0.1213

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1215 0.1210 0.1212
February 0.1214 0.1210 0.1212
March 0.1213 0.1204 0.1211
April 0.1209 0.1186 0.1206
May 0.1209 0.1183 0.1206
June 0.1212 0.1204 0.1208
July 0.1212 0.1208 0.1209
August 0.1212 0.1205 0.1209
September 0.1213 0.1203 0.1210
October 0.1211 0.1208 0.1210
November 0.1213 0.1208 0.1210
December 0.1221 0.1207 0.1209