YEARLY HIGH
0.0734 PLN
YEARLY LOW
0.0685 PLN
YEARLY AVERAGE
0.0709 PLN

2016 MKD to PLN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the MKD to PLN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 4, valuing the pair at 0.0734. Conversely, the yearly low was recorded on April 3, dropping to 0.0685.

This high-to-low spread represents a total annual volatility of 0.0049 PLN. From a start-to-finish perspective, comparing the January average rate of 0.0715 to the December average rate of 0.0721, the exchange rate registered a net change of 0.80% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.0734 was up 2.39% compared to the 2015 peak of 0.0717, 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 367 PLN
2015 Average 340 PLN
Yearly Trough Low 343 PLN
Transaction Impact: A difference of 24.52 PLN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.0723
0.0694
JanuMarcMayJulySeptNove

MKD to PLN 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 0.0709, compared to 0.0709 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0000 points.

H1 Avg (Jan–Jun) 0.0709
H2 Avg (Jul–Dec) 0.0709

Volatility Range Comparison

Volatility

The most volatile month in 2016 was January, with a trading range of 0.0034 PLN (High: 0.0728 / Low: 0.0695). On the other end, October was the most stable month, with a tight range of 0.0011 PLN (High: 0.0705 / Low: 0.0694).

January Spread (Volatile) ±0.0034
October Spread (Stable) ±0.0011

Growth Streaks & Declines

Trends

Between March and May, 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 0.0018 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0018

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2016: 0.0721) against the same month in 2015 (average: 0.0698), the exchange rate shifted by +0.0023 (+3.28%).

2016 Avg (December) 0.0721
2015 Avg (December) 0.0698

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0728 0.0695 0.0715
February 0.0721 0.0707 0.0714
March 0.0704 0.0689 0.0696
April 0.0715 0.0685 0.0699
May 0.0721 0.0696 0.0715
June 0.0725 0.0703 0.0714
July 0.0722 0.0708 0.0715
August 0.0709 0.0692 0.0699
September 0.0710 0.0697 0.0702
October 0.0705 0.0694 0.0701
November 0.0724 0.0700 0.0715
December 0.0734 0.0714 0.0721