YEARLY HIGH
0.8520 DOP
YEARLY LOW
0.7836 DOP
YEARLY AVERAGE
0.8262 DOP

2016 MKD to DOP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the MKD to DOP exchange rate experienced significant fluctuation. The market reached its absolute peak on May 4, valuing the pair at 0.8520. Conversely, the yearly low was recorded on December 20, dropping to 0.7836.

This high-to-low spread represents a total annual volatility of 0.0684 DOP. From a start-to-finish perspective, comparing the January average rate of 0.8039 to the December average rate of 0.7965, the exchange rate registered a net change of -0.92% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.8520 was down 3.11% compared to the 2015 peak of 0.8794, 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 4,260 DOP
2015 Average 4,059 DOP
Yearly Trough Low 3,918 DOP
Transaction Impact: A difference of 341.96 DOP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.8465
0.7920
JanuMarcMayJulySeptNove

MKD to DOP 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 0.8288, compared to 0.8236 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0052 points.

H1 Avg (Jan–Jun) 0.8288
H2 Avg (Jul–Dec) 0.8236

Volatility Range Comparison

Volatility

The most volatile month in 2016 was November, with a trading range of 0.0397 DOP (High: 0.8371 / Low: 0.7974). On the other end, September was the most stable month, with a tight range of 0.0089 DOP (High: 0.8435 / Low: 0.8346).

November Spread (Volatile) ±0.0397
September Spread (Stable) ±0.0089

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 0.0169 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0169

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2016: 0.8399) against the same month in 2015 (average: 0.8128), the exchange rate shifted by +0.0272 (+3.34%).

2016 Avg (May) 0.8399
2015 Avg (May) 0.8128

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.8083 0.7971 0.8039
February 0.8389 0.8053 0.8227
March 0.8428 0.8053 0.8257
April 0.8488 0.8350 0.8420
May 0.8520 0.8291 0.8399
June 0.8493 0.8225 0.8386
July 0.8337 0.8205 0.8268
August 0.8487 0.8240 0.8374
September 0.8435 0.8346 0.8391
October 0.8432 0.8166 0.8285
November 0.8371 0.7974 0.8134
December 0.8122 0.7836 0.7965