YEARLY HIGH
0.1447 HKD
YEARLY LOW
0.1310 HKD
YEARLY AVERAGE
0.1396 HKD

2016 MKD to HKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the MKD to HKD exchange rate experienced significant fluctuation. The market reached its absolute peak on May 4, valuing the pair at 0.1447. Conversely, the yearly low was recorded on December 20, dropping to 0.1310.

This high-to-low spread represents a total annual volatility of 0.0136 HKD. From a start-to-finish perspective, comparing the January average rate of 0.1373 to the December average rate of 0.1329, the exchange rate registered a net change of -3.20% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.1447 was down 5.61% compared to the 2015 peak of 0.1533, 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 723 HKD
2015 Average 700 HKD
Yearly Trough Low 655 HKD
Transaction Impact: A difference of 68.13 HKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.1435
0.1319
JanuMarcMayJulySeptNove

MKD to HKD 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 0.1407, compared to 0.1384 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0024 points.

H1 Avg (Jan–Jun) 0.1407
H2 Avg (Jul–Dec) 0.1384

Volatility Range Comparison

Volatility

The most volatile month in 2016 was November, with a trading range of 0.0070 HKD (High: 0.1403 / Low: 0.1332). On the other end, September was the most stable month, with a tight range of 0.0011 HKD (High: 0.1418 / Low: 0.1407).

November Spread (Volatile) ±0.0070
September Spread (Stable) ±0.0011

Growth Streaks & Declines

Trends

Between July and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0032 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0032

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2016: 0.1422) against the same month in 2015 (average: 0.1406), the exchange rate shifted by +0.0017 (+1.20%).

2016 Avg (May) 0.1422
2015 Avg (May) 0.1406

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1384 0.1356 0.1373
February 0.1431 0.1376 0.1404
March 0.1431 0.1372 0.1403
April 0.1437 0.1414 0.1425
May 0.1447 0.1402 0.1422
June 0.1436 0.1391 0.1418
July 0.1408 0.1385 0.1396
August 0.1428 0.1394 0.1412
September 0.1418 0.1407 0.1412
October 0.1417 0.1372 0.1392
November 0.1403 0.1332 0.1361
December 0.1356 0.1310 0.1329