YEARLY HIGH
23.5271 MMK
YEARLY LOW
20.9936 MMK
YEARLY AVERAGE
22.1934 MMK

2016 MKD to MMK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the MKD to MMK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 22, valuing the pair at 23.5271. Conversely, the yearly low was recorded on July 8, dropping to 20.9936.

This high-to-low spread represents a total annual volatility of 2.5335 MMK. From a start-to-finish perspective, comparing the January average rate of 22.9306 to the December average rate of 23.1160, the exchange rate registered a net change of 0.81% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 23.5271 was up 0.54% compared to the 2015 peak of 23.3998, 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 117,635 MMK
2015 Average 100,003 MMK
Yearly Trough Low 104,968 MMK
Transaction Impact: A difference of 12,667.29 MMK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

23.3067
21.0175
JanuMarcMayJulySeptNove

MKD to MMK 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 22.0490, compared to 22.3378 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2888 points.

H1 Avg (Jan–Jun) 22.0490
H2 Avg (Jul–Dec) 22.3378

Volatility Range Comparison

Volatility

The most volatile month in 2016 was February, with a trading range of 1.2135 MMK (High: 23.0907 / Low: 21.8773). On the other end, January was the most stable month, with a tight range of 0.3620 MMK (High: 23.1527 / Low: 22.7906).

February Spread (Volatile) ±1.2135
January Spread (Stable) ±0.3620

Growth Streaks & Declines

Trends

Between July and October, 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 February and March, when the average rate fell by 0.4884 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.4884

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2016: 23.1160) against the same month in 2015 (average: 22.9970), the exchange rate shifted by +0.1190 (+0.52%).

2016 Avg (December) 23.1160
2015 Avg (December) 22.9970

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 23.1527 22.7906 22.9306
February 23.0907 21.8773 22.4765
March 22.2590 21.8139 21.9881
April 22.4141 21.2711 21.7324
May 21.7959 21.2952 21.4856
June 22.0554 21.0595 21.6808
July 21.4936 20.9936 21.2082
August 22.1035 21.3063 21.7176
September 22.9811 21.7854 22.3735
October 23.1239 22.4223 22.8445
November 23.2201 22.4156 22.7668
December 23.5271 22.7511 23.1160