YEARLY HIGH
1.3799 KGS
YEARLY LOW
1.1698 KGS
YEARLY AVERAGE
1.2573 KGS

2016 MKD to KGS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the MKD to KGS exchange rate experienced significant fluctuation. The market reached its absolute peak on February 12, valuing the pair at 1.3799. Conversely, the yearly low was recorded on December 20, dropping to 1.1698.

This high-to-low spread represents a total annual volatility of 0.2101 KGS. From a start-to-finish perspective, comparing the January average rate of 1.3392 to the December average rate of 1.1862, the exchange rate registered a net change of -11.43% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 1.3799 was up 1.78% compared to the 2015 peak of 1.3558, 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 6,899 KGS
2015 Average 5,809 KGS
Yearly Trough Low 5,849 KGS
Transaction Impact: A difference of 1,050.35 KGS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

1.3657
1.1699
JanuMarcMayJulySeptNove

MKD to KGS 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 1.2925, compared to 1.2221 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0704 points.

H1 Avg (Jan–Jun) 1.2925
H2 Avg (Jul–Dec) 1.2221

Volatility Range Comparison

Volatility

The most volatile month in 2016 was February, with a trading range of 0.0646 KGS (High: 1.3799 / Low: 1.3152). On the other end, September was the most stable month, with a tight range of 0.0183 KGS (High: 1.2583 / Low: 1.2400).

February Spread (Volatile) ±0.0646
September Spread (Stable) ±0.0183

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 February and March, when the average rate fell by 0.0429 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0429

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2016: 1.3494) against the same month in 2015 (average: 1.1210), the exchange rate shifted by +0.2284 (+20.38%).

2016 Avg (February) 1.3494
2015 Avg (February) 1.1210

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.3462 1.3279 1.3392
February 1.3799 1.3152 1.3494
March 1.3204 1.2945 1.3065
April 1.2961 1.2466 1.2678
May 1.2761 1.2323 1.2521
June 1.2641 1.2074 1.2397
July 1.2337 1.1977 1.2112
August 1.2649 1.2329 1.2488
September 1.2583 1.2400 1.2512
October 1.2426 1.2048 1.2250
November 1.2430 1.1860 1.2100
December 1.2092 1.1698 1.1862