YEARLY HIGH
28.0922 LBP
YEARLY LOW
25.4475 LBP
YEARLY AVERAGE
27.1362 LBP

2016 MKD to LBP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the MKD to LBP exchange rate experienced significant fluctuation. The market reached its absolute peak on May 4, valuing the pair at 28.0922. Conversely, the yearly low was recorded on December 20, dropping to 25.4475.

This high-to-low spread represents a total annual volatility of 2.6446 LBP. From a start-to-finish perspective, comparing the January average rate of 26.6526 to the December average rate of 25.8449, the exchange rate registered a net change of -3.03% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 28.0922 was down 6.18% compared to the 2015 peak of 29.9434, 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 140,461 LBP
2015 Average 136,114 LBP
Yearly Trough Low 127,238 LBP
Transaction Impact: A difference of 13,223.23 LBP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

27.9072
25.6574
JanuMarcMayJulySeptNove

MKD to LBP 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 27.3474, compared to 26.9250 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.4224 points.

H1 Avg (Jan–Jun) 27.3474
H2 Avg (Jul–Dec) 26.9250

Volatility Range Comparison

Volatility

The most volatile month in 2016 was November, with a trading range of 1.3840 LBP (High: 27.3081 / Low: 25.9241). On the other end, September was the most stable month, with a tight range of 0.2026 LBP (High: 27.5886 / Low: 27.3860).

November Spread (Volatile) ±1.3840
September Spread (Stable) ±0.2026

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 November and December, when the average rate fell by 0.6619 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.6619

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2016: 27.6579) against the same month in 2015 (average: 27.3372), the exchange rate shifted by +0.3207 (+1.17%).

2016 Avg (May) 27.6579
2015 Avg (May) 27.3372

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 26.7937 26.4615 26.6526
February 27.7015 26.6968 27.2144
March 27.8115 26.6349 27.2716
April 27.9455 27.5105 27.7197
May 28.0922 27.2831 27.6579
June 27.9466 27.0005 27.5681
July 27.4080 26.9330 27.1676
August 27.8348 27.1311 27.4769
September 27.5886 27.3860 27.4755
October 27.5666 26.7216 27.0783
November 27.3081 25.9241 26.5068
December 26.3799 25.4475 25.8449