YEARLY HIGH
0.3671 MDL
YEARLY LOW
0.3369 MDL
YEARLY AVERAGE
0.3574 MDL

2016 MKD to MDL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the MKD to MDL exchange rate experienced significant fluctuation. The market reached its absolute peak on May 4, valuing the pair at 0.3671. Conversely, the yearly low was recorded on December 28, dropping to 0.3369.

This high-to-low spread represents a total annual volatility of 0.0303 MDL. From a start-to-finish perspective, comparing the January average rate of 0.3587 to the December average rate of 0.3446, the exchange rate registered a net change of -3.92% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.3671 was down 1.12% compared to the 2015 peak of 0.3713, 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 1,836 MDL
2015 Average 1,692 MDL
Yearly Trough Low 1,684 MDL
Transaction Impact: A difference of 151.31 MDL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.3645
0.3428
JanuMarcMayJulySeptNove

MKD to MDL 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 0.3604, compared to 0.3545 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0060 points.

H1 Avg (Jan–Jun) 0.3604
H2 Avg (Jul–Dec) 0.3545

Volatility Range Comparison

Volatility

The most volatile month in 2016 was January, with a trading range of 0.0169 MDL (High: 0.3645 / Low: 0.3476). On the other end, September was the most stable month, with a tight range of 0.0026 MDL (High: 0.3607 / Low: 0.3582).

January Spread (Volatile) ±0.0169
September Spread (Stable) ±0.0026

Growth Streaks & Declines

Trends

Between March and May, 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 November and December, when the average rate fell by 0.0072 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0072

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2016: 0.3627) against the same month in 2015 (average: 0.3246), the exchange rate shifted by +0.0382 (+11.77%).

2016 Avg (May) 0.3627
2015 Avg (May) 0.3246

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.3645 0.3476 0.3587
February 0.3669 0.3542 0.3620
March 0.3618 0.3523 0.3573
April 0.3636 0.3586 0.3609
May 0.3671 0.3600 0.3627
June 0.3651 0.3541 0.3610
July 0.3583 0.3524 0.3558
August 0.3629 0.3551 0.3589
September 0.3607 0.3582 0.3593
October 0.3600 0.3525 0.3563
November 0.3601 0.3473 0.3519
December 0.3525 0.3369 0.3446