YEARLY HIGH
0.0783 MYR
YEARLY LOW
0.0710 MYR
YEARLY AVERAGE
0.0744 MYR

2016 MKD to MYR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the MKD to MYR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 10, valuing the pair at 0.0783. Conversely, the yearly low was recorded on April 13, dropping to 0.0710.

This high-to-low spread represents a total annual volatility of 0.0073 MYR. From a start-to-finish perspective, comparing the January average rate of 0.0764 to the December average rate of 0.0764, the exchange rate registered a net change of -0.10% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.0783 was down 3.55% compared to the 2015 peak of 0.0812, 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 392 MYR
2015 Average 352 MYR
Yearly Trough Low 355 MYR
Transaction Impact: A difference of 36.72 MYR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.0769
0.0712
JanuMarcMayJulySeptNove

MKD to MYR 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 0.0742, compared to 0.0746 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0004 points.

H1 Avg (Jan–Jun) 0.0742
H2 Avg (Jul–Dec) 0.0746

Volatility Range Comparison

Volatility

The most volatile month in 2016 was January, with a trading range of 0.0054 MYR (High: 0.0783 / Low: 0.0729). On the other end, April was the most stable month, with a tight range of 0.0016 MYR (High: 0.0726 / Low: 0.0710).

January Spread (Volatile) ±0.0054
April Spread (Stable) ±0.0016

Growth Streaks & Declines

Trends

Between July and December, 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 June and July, when the average rate fell by 0.0022 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0022

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2016: 0.0764) against the same month in 2015 (average: 0.0680), the exchange rate shifted by +0.0084 (+12.38%).

2016 Avg (January) 0.0764
2015 Avg (January) 0.0680

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0783 0.0729 0.0764
February 0.0763 0.0735 0.0753
March 0.0748 0.0718 0.0734
April 0.0726 0.0710 0.0717
May 0.0747 0.0715 0.0740
June 0.0754 0.0723 0.0745
July 0.0733 0.0710 0.0723
August 0.0742 0.0723 0.0733
September 0.0756 0.0739 0.0748
October 0.0756 0.0736 0.0749
November 0.0772 0.0751 0.0762
December 0.0776 0.0756 0.0764