YEARLY HIGH
2.0334 DZD
YEARLY LOW
1.8774 DZD
YEARLY AVERAGE
1.9663 DZD

2016 MKD to DZD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the MKD to DZD exchange rate experienced significant fluctuation. The market reached its absolute peak on June 5, valuing the pair at 2.0334. Conversely, the yearly low was recorded on December 20, dropping to 1.8774.

This high-to-low spread represents a total annual volatility of 0.1561 DZD. From a start-to-finish perspective, comparing the January average rate of 1.8949 to the December average rate of 1.8978, the exchange rate registered a net change of 0.15% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 2.0334 was up 3.60% compared to the 2015 peak of 1.9627, 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 10,167 DZD
2015 Average 9,052 DZD
Yearly Trough Low 9,387 DZD
Transaction Impact: A difference of 780.26 DZD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

2.0224
1.8833
JanuMarcMayJulySeptNove

MKD to DZD 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 1.9692, compared to 1.9633 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0059 points.

H1 Avg (Jan–Jun) 1.9692
H2 Avg (Jul–Dec) 1.9633

Volatility Range Comparison

Volatility

The most volatile month in 2016 was March, with a trading range of 0.0962 DZD (High: 2.0156 / Low: 1.9194). On the other end, September was the most stable month, with a tight range of 0.0196 DZD (High: 2.0000 / Low: 1.9803).

March Spread (Volatile) ±0.0962
September Spread (Stable) ±0.0196

Growth Streaks & Declines

Trends

Between January and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0428 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0428

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2016: 2.0108) against the same month in 2015 (average: 1.7947), the exchange rate shifted by +0.2161 (+12.04%).

2016 Avg (June) 2.0108
2015 Avg (June) 1.7947

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.9056 1.8835 1.8949
February 1.9383 1.8973 1.9218
March 2.0156 1.9194 1.9801
April 2.0082 1.9863 1.9971
May 2.0295 1.9935 2.0105
June 2.0334 1.9830 2.0108
July 1.9990 1.9769 1.9874
August 2.0033 1.9724 1.9910
September 2.0000 1.9803 1.9881
October 2.0022 1.9479 1.9749
November 1.9863 1.9060 1.9406
December 1.9242 1.8774 1.8978