YEARLY HIGH
0.3676 MXN
YEARLY LOW
0.3032 MXN
YEARLY AVERAGE
0.3357 MXN

2016 MKD to MXN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the MKD to MXN exchange rate experienced significant fluctuation. The market reached its absolute peak on November 12, valuing the pair at 0.3676. Conversely, the yearly low was recorded on January 5, dropping to 0.3032.

This high-to-low spread represents a total annual volatility of 0.0644 MXN. From a start-to-finish perspective, comparing the January average rate of 0.3181 to the December average rate of 0.3516, the exchange rate registered a net change of 10.52% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.3676 was up 14.31% compared to the 2015 peak of 0.3216, 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 1,838 MXN
2015 Average 1,432 MXN
Yearly Trough Low 1,516 MXN
Transaction Impact: A difference of 321.83 MXN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.3558
0.3147
JanuMarcMayJulySeptNove

MKD to MXN 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 0.3273, compared to 0.3440 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0167 points.

H1 Avg (Jan–Jun) 0.3273
H2 Avg (Jul–Dec) 0.3440

Volatility Range Comparison

Volatility

The most volatile month in 2016 was November, with a trading range of 0.0381 MXN (High: 0.3676 / Low: 0.3295). On the other end, March was the most stable month, with a tight range of 0.0074 MXN (High: 0.3228 / Low: 0.3154).

November Spread (Volatile) ±0.0381
March Spread (Stable) ±0.0074

Growth Streaks & Declines

Trends

Between March and June, 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 0.0143 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0143

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2016: 0.3523) against the same month in 2015 (average: 0.2900), the exchange rate shifted by +0.0623 (+21.49%).

2016 Avg (November) 0.3523
2015 Avg (November) 0.2900

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.3293 0.3032 0.3181
February 0.3502 0.3215 0.3329
March 0.3228 0.3154 0.3186
April 0.3296 0.3132 0.3213
May 0.3367 0.3140 0.3321
June 0.3459 0.3317 0.3408
July 0.3405 0.3305 0.3343
August 0.3443 0.3289 0.3365
September 0.3631 0.3337 0.3495
October 0.3544 0.3280 0.3399
November 0.3676 0.3295 0.3523
December 0.3594 0.3443 0.3516