YEARLY HIGH
13.6406 MWK
YEARLY LOW
11.5281 MWK
YEARLY AVERAGE
12.7679 MWK

2016 MKD to MWK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the MKD to MWK exchange rate experienced significant fluctuation. The market reached its absolute peak on February 14, valuing the pair at 13.6406. Conversely, the yearly low was recorded on January 5, dropping to 11.5281.

This high-to-low spread represents a total annual volatility of 2.1125 MWK. From a start-to-finish perspective, comparing the January average rate of 12.1683 to the December average rate of 12.3878, the exchange rate registered a net change of 1.80% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 13.6406 was up 16.20% compared to the 2015 peak of 11.7386, 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 68,203 MWK
2015 Average 44,962 MWK
Yearly Trough Low 57,641 MWK
Transaction Impact: A difference of 10,562.30 MWK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

13.4515
12.0517
JanuMarcMayJulySeptNove

MKD to MWK 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 12.7185, compared to 12.8173 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0988 points.

H1 Avg (Jan–Jun) 12.7185
H2 Avg (Jul–Dec) 12.8173

Volatility Range Comparison

Volatility

The most volatile month in 2016 was January, with a trading range of 1.3665 MWK (High: 12.8947 / Low: 11.5281). On the other end, September was the most stable month, with a tight range of 0.1049 MWK (High: 13.1498 / Low: 13.0449).

January Spread (Volatile) ±1.3665
September Spread (Stable) ±0.1049

Growth Streaks & Declines

Trends

Between April and June, 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 February and March, when the average rate fell by 0.6874 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.6874

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2016: 13.3348) against the same month in 2015 (average: 8.2929), the exchange rate shifted by +5.0419 (+60.80%).

2016 Avg (February) 13.3348
2015 Avg (February) 8.2929

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 12.8947 11.5281 12.1683
February 13.6406 12.7522 13.3348
March 13.1345 12.3226 12.6474
April 12.6838 12.3342 12.5151
May 12.8959 12.4741 12.7522
June 13.1362 12.6145 12.8933
July 13.0048 12.7672 12.8426
August 13.2349 12.8852 13.0742
September 13.1498 13.0449 13.0884
October 13.1085 12.6962 12.8856
November 12.9862 12.3768 12.6254
December 12.6679 12.1427 12.3878