YEARLY HIGH
0.3313 EGP
YEARLY LOW
0.1370 EGP
YEARLY AVERAGE
0.1792 EGP

2016 MKD to EGP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the MKD to EGP exchange rate experienced significant fluctuation. The market reached its absolute peak on December 20, valuing the pair at 0.3313. Conversely, the yearly low was recorded on January 5, dropping to 0.1370.

This high-to-low spread represents a total annual volatility of 0.1943 EGP. From a start-to-finish perspective, comparing the January average rate of 0.1382 to the December average rate of 0.3152, the exchange rate registered a net change of 128.13% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.3313 was up 123.17% compared to the 2015 peak of 0.1484, 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 1,656 EGP
2015 Average 696 EGP
Yearly Trough Low 685 EGP
Transaction Impact: A difference of 971.47 EGP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.3329
0.1205
JanuMarcMayJulySeptNove

MKD to EGP 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 0.1532, compared to 0.2051 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0519 points.

H1 Avg (Jan–Jun) 0.1532
H2 Avg (Jul–Dec) 0.2051

Volatility Range Comparison

Volatility

The most volatile month in 2016 was November, with a trading range of 0.1601 EGP (High: 0.3193 / Low: 0.1592). On the other end, September was the most stable month, with a tight range of 0.0012 EGP (High: 0.1622 / Low: 0.1610).

November Spread (Volatile) ±0.1601
September Spread (Stable) ±0.0012

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 June and July, when the average rate fell by 0.0023 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0023

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2016: 0.3152) against the same month in 2015 (average: 0.1387), the exchange rate shifted by +0.1765 (+127.28%).

2016 Avg (December) 0.3152
2015 Avg (December) 0.1387

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1388 0.1370 0.1382
February 0.1438 0.1386 0.1412
March 0.1638 0.1382 0.1520
April 0.1643 0.1619 0.1631
May 0.1655 0.1603 0.1626
June 0.1642 0.1584 0.1621
July 0.1613 0.1586 0.1598
August 0.1636 0.1595 0.1616
September 0.1622 0.1610 0.1616
October 0.1622 0.1570 0.1593
November 0.3193 0.1592 0.2732
December 0.3313 0.3084 0.3152