YEARLY HIGH
0.0147 GBP
YEARLY LOW
0.0119 GBP
YEARLY AVERAGE
0.0133 GBP

2016 MKD to GBP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the MKD to GBP exchange rate experienced significant fluctuation. The market reached its absolute peak on October 12, valuing the pair at 0.0147. Conversely, the yearly low was recorded on January 5, dropping to 0.0119.

This high-to-low spread represents a total annual volatility of 0.0028 GBP. From a start-to-finish perspective, comparing the January average rate of 0.0123 to the December average rate of 0.0137, the exchange rate registered a net change of 12.05% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.0147 was up 12.49% compared to the 2015 peak of 0.0131, 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 74 GBP
2015 Average 59 GBP
Yearly Trough Low 60 GBP
Transaction Impact: A difference of 13.96 GBP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.0148
0.0120
JanuMarcMayJulySeptNove

MKD to GBP 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 0.0126, compared to 0.0140 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0013 points.

H1 Avg (Jan–Jun) 0.0126
H2 Avg (Jul–Dec) 0.0140

Volatility Range Comparison

Volatility

The most volatile month in 2016 was June, with a trading range of 0.0012 GBP (High: 0.0136 / Low: 0.0124). On the other end, March was the most stable month, with a tight range of 0.0003 GBP (High: 0.0129 / Low: 0.0125).

June Spread (Volatile) ±0.0012
March Spread (Stable) ±0.0003

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 October and November, when the average rate fell by 0.0004 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0004

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2016: 0.0145) against the same month in 2015 (average: 0.0119), the exchange rate shifted by +0.0026 (+21.74%).

2016 Avg (October) 0.0145
2015 Avg (October) 0.0119

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0125 0.0119 0.0123
February 0.0128 0.0123 0.0126
March 0.0129 0.0125 0.0127
April 0.0131 0.0125 0.0128
May 0.0129 0.0123 0.0126
June 0.0136 0.0124 0.0129
July 0.0140 0.0135 0.0137
August 0.0141 0.0136 0.0139
September 0.0141 0.0136 0.0138
October 0.0147 0.0141 0.0145
November 0.0147 0.0138 0.0141
December 0.0140 0.0136 0.0137