YEARLY HIGH
2.7305 LKR
YEARLY LOW
2.5166 LKR
YEARLY AVERAGE
2.6271 LKR

2016 MKD to LKR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the MKD to LKR exchange rate experienced significant fluctuation. The market reached its absolute peak on March 30, valuing the pair at 2.7305. Conversely, the yearly low was recorded on December 20, dropping to 2.5166.

This high-to-low spread represents a total annual volatility of 0.2139 LKR. From a start-to-finish perspective, comparing the January average rate of 2.5418 to the December average rate of 2.5548, the exchange rate registered a net change of 0.51% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 2.7305 was up 4.45% compared to the 2015 peak of 2.6142, 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 13,652 LKR
2015 Average 12,271 LKR
Yearly Trough Low 12,583 LKR
Transaction Impact: A difference of 1,069.32 LKR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

2.6977
2.5276
JanuMarcMayJulySeptNove

MKD to LKR 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 2.6337, compared to 2.6206 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0131 points.

H1 Avg (Jan–Jun) 2.6337
H2 Avg (Jul–Dec) 2.6206

Volatility Range Comparison

Volatility

The most volatile month in 2016 was March, with a trading range of 0.1787 LKR (High: 2.7305 / Low: 2.5517). On the other end, January was the most stable month, with a tight range of 0.0336 LKR (High: 2.5547 / Low: 2.5211).

March Spread (Volatile) ±0.1787
January Spread (Stable) ±0.0336

Growth Streaks & Declines

Trends

Between January and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0471 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0471

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2016: 2.6305) against the same month in 2015 (average: 2.3394), the exchange rate shifted by +0.2912 (+12.45%).

2016 Avg (March) 2.6305
2015 Avg (March) 2.3394

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.5547 2.5211 2.5418
February 2.6450 2.5444 2.5991
March 2.7305 2.5517 2.6305
April 2.6996 2.6573 2.6763
May 2.7188 2.6578 2.6835
June 2.7153 2.6370 2.6709
July 2.6470 2.6054 2.6247
August 2.6782 2.6203 2.6500
September 2.6781 2.6375 2.6536
October 2.6780 2.6026 2.6385
November 2.6776 2.5488 2.6018
December 2.5937 2.5166 2.5548