YEARLY HIGH
6.7791 KZT
YEARLY LOW
5.6193 KZT
YEARLY AVERAGE
6.1476 KZT

2016 MKD to KZT Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the MKD to KZT exchange rate experienced significant fluctuation. The market reached its absolute peak on January 21, valuing the pair at 6.7791. Conversely, the yearly low was recorded on December 21, dropping to 5.6193.

This high-to-low spread represents a total annual volatility of 1.1598 KZT. From a start-to-finish perspective, comparing the January average rate of 6.3947 to the December average rate of 5.7270, the exchange rate registered a net change of -10.44% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 6.7791 was up 11.79% compared to the 2015 peak of 6.0641, 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 33,895 KZT
2015 Average 20,024 KZT
Yearly Trough Low 28,097 KZT
Transaction Impact: A difference of 5,798.79 KZT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

6.5368
5.6534
JanuMarcMayJulySeptNove

MKD to KZT 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 6.2553, compared to 6.0398 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.2155 points.

H1 Avg (Jan–Jun) 6.2553
H2 Avg (Jul–Dec) 6.0398

Volatility Range Comparison

Volatility

The most volatile month in 2016 was January, with a trading range of 0.7808 KZT (High: 6.7791 / Low: 5.9982). On the other end, September was the most stable month, with a tight range of 0.1330 KZT (High: 6.2520 / Low: 6.1191).

January Spread (Volatile) ±0.7808
September Spread (Stable) ±0.1330

Growth Streaks & Declines

Trends

Between May and August, 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 November and December, when the average rate fell by 0.2390 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.2390

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2016: 6.3947) against the same month in 2015 (average: 3.4966), the exchange rate shifted by +2.8981 (+82.88%).

2016 Avg (January) 6.3947
2015 Avg (January) 3.4966

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 6.7791 5.9982 6.3947
February 6.6885 6.1791 6.4632
March 6.3634 6.1254 6.2426
April 6.3810 5.9705 6.1932
May 6.1794 5.9744 6.0883
June 6.2153 6.0727 6.1501
July 6.3924 6.0722 6.1502
August 6.4353 6.1653 6.2623
September 6.2520 6.1191 6.1703
October 6.1296 5.8451 5.9631
November 6.1278 5.7716 5.9660
December 5.8686 5.6193 5.7270