YEARLY HIGH
43.3979 MNT
YEARLY LOW
34.7809 MNT
YEARLY AVERAGE
38.4477 MNT

2016 MKD to MNT Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the MKD to MNT exchange rate experienced significant fluctuation. The market reached its absolute peak on November 5, valuing the pair at 43.3979. Conversely, the yearly low was recorded on June 27, dropping to 34.7809.

This high-to-low spread represents a total annual volatility of 8.6169 MNT. From a start-to-finish perspective, comparing the January average rate of 35.2381 to the December average rate of 42.4214, the exchange rate registered a net change of 20.39% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 43.3979 was up 15.55% compared to the 2015 peak of 37.5587, 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 216,989 MNT
2015 Average 177,450 MNT
Yearly Trough Low 173,905 MNT
Transaction Impact: A difference of 43,084.66 MNT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

43.3590
34.4999
JanuMarcMayJulySeptNove

MKD to MNT 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 36.3667, compared to 40.5288 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 4.1622 points.

H1 Avg (Jan–Jun) 36.3667
H2 Avg (Jul–Dec) 40.5288

Volatility Range Comparison

Volatility

The most volatile month in 2016 was August, with a trading range of 3.9665 MNT (High: 41.4708 / Low: 37.5043). On the other end, January was the most stable month, with a tight range of 0.6809 MNT (High: 35.5305 / Low: 34.8495).

August Spread (Volatile) ±3.9665
January Spread (Stable) ±0.6809

Growth Streaks & Declines

Trends

Between June and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.8606 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.8606

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2016: 42.6207) against the same month in 2015 (average: 34.7018), the exchange rate shifted by +7.9189 (+22.82%).

2016 Avg (November) 42.6207
2015 Avg (November) 34.7018

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 35.5305 34.8495 35.2381
February 36.9473 35.4852 36.3970
March 37.7194 35.8429 36.9240
April 37.7756 36.2197 36.9699
May 37.5311 36.0370 36.7657
June 36.7006 34.7809 35.9051
July 37.4270 35.8136 36.3382
August 41.4708 37.5043 39.6993
September 41.6918 40.0303 40.7288
October 42.2640 40.6605 41.3644
November 43.3979 41.7673 42.6207
December 43.1578 41.9175 42.4214