YEARLY HIGH
0.0072 OMR
YEARLY LOW
0.0065 OMR
YEARLY AVERAGE
0.0069 OMR

2016 MKD to OMR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the MKD to OMR exchange rate experienced significant fluctuation. The market reached its absolute peak on May 4, valuing the pair at 0.0072. Conversely, the yearly low was recorded on December 20, dropping to 0.0065.

This high-to-low spread represents a total annual volatility of 0.0007 OMR. From a start-to-finish perspective, comparing the January average rate of 0.0068 to the December average rate of 0.0066, the exchange rate registered a net change of -2.93% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.0072 was down 5.70% compared to the 2015 peak of 0.0076, 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 36 OMR
2015 Average 35 OMR
Yearly Trough Low 32 OMR
Transaction Impact: A difference of 3.39 OMR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.0071
0.0065
JanuMarcMayJulySeptNove

MKD to OMR 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 0.0070, compared to 0.0069 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0070
H2 Avg (Jul–Dec) 0.0069

Volatility Range Comparison

Volatility

The most volatile month in 2016 was November, with a trading range of 0.0004 OMR (High: 0.0070 / Low: 0.0066). On the other end, September was the most stable month, with a tight range of 0.0001 OMR (High: 0.0070 / Low: 0.0070).

November Spread (Volatile) ±0.0004
September Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between January and April, 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 November and December, when the average rate fell by 0.0002 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2016: 0.0071) against the same month in 2015 (average: 0.0070), the exchange rate shifted by +0.0001 (+1.04%).

2016 Avg (May) 0.0071
2015 Avg (May) 0.0070

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0068 0.0067 0.0068
February 0.0071 0.0068 0.0069
March 0.0071 0.0068 0.0070
April 0.0071 0.0070 0.0071
May 0.0072 0.0070 0.0071
June 0.0071 0.0069 0.0070
July 0.0070 0.0069 0.0069
August 0.0071 0.0069 0.0070
September 0.0070 0.0070 0.0070
October 0.0070 0.0068 0.0069
November 0.0070 0.0066 0.0068
December 0.0067 0.0065 0.0066