2016 MKD to KHR Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2016.
2016 MKD to KHR Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2016
During 2016, the MKD to KHR exchange rate experienced significant fluctuation. The market reached its absolute peak on June 8, valuing the pair at 75.6483. Conversely, the yearly low was recorded on December 17, dropping to 68.3621.
This high-to-low spread represents a total annual volatility of 7.2863 KHR. From a start-to-finish perspective, comparing the January average rate of 71.4439 to the December average rate of 69.3057, the exchange rate registered a net change of -2.99% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2016 high of 75.6483 was down 6.25% compared to the 2015 peak of 80.6945, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 MKD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2016.
MKD to KHR Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 73.2056, compared to 72.4698 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.7358 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2016 was November, with a trading range of 4.2902 KHR (High: 73.1259 / Low: 68.8357). On the other end, January was the most stable month, with a tight range of 0.9660 KHR (High: 71.8982 / Low: 70.9322).
Growth Streaks & Declines
TrendsBetween March and June, 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 2.3372 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (June 2016: 74.5968) against the same month in 2015 (average: 74.4947), the exchange rate shifted by +0.1021 (+0.14%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 71.8982 | 70.9322 | 71.4439 |
| February | 74.0433 | 70.9819 | 72.5655 |
| March | 73.8609 | 70.6675 | 72.4002 |
| April | 74.5088 | 72.9680 | 73.7714 |
| May | 75.5387 | 73.5505 | 74.4555 |
| June | 75.6483 | 72.9360 | 74.5968 |
| July | 73.8370 | 72.5502 | 73.2306 |
| August | 75.2868 | 73.4375 | 74.2920 |
| September | 74.9210 | 73.8654 | 74.3262 |
| October | 74.9865 | 71.7730 | 73.0008 |
| November | 73.1259 | 68.8357 | 70.6636 |
| December | 70.2876 | 68.3621 | 69.3057 |