2016 MKD to PYG Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2016.
2016 MKD to PYG Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2016
During 2016, the MKD to PYG exchange rate experienced significant fluctuation. The market reached its absolute peak on February 4, valuing the pair at 106.6939. Conversely, the yearly low was recorded on December 20, dropping to 96.9443.
This high-to-low spread represents a total annual volatility of 9.7496 PYG. From a start-to-finish perspective, comparing the January average rate of 104.0151 to the December average rate of 99.1938, the exchange rate registered a net change of -4.64% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2016 high of 106.6939 was up 1.41% compared to the 2015 peak of 105.2084, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 MKD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2016.
MKD to PYG Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 103.4119, compared to 100.6100 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 2.8019 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2016 was February, with a trading range of 5.4214 PYG (High: 106.6939 / Low: 101.2726). On the other end, September was the most stable month, with a tight range of 1.6626 PYG (High: 101.9786 / Low: 100.3160).
Growth Streaks & Declines
TrendsBetween 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 June and July, when the average rate fell by 2.6793 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (February 2016: 104.5779) against the same month in 2015 (average: 87.9144), the exchange rate shifted by +16.6635 (+18.95%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 105.1263 | 102.2594 | 104.0151 |
| February | 106.6939 | 101.2726 | 104.5779 |
| March | 104.5803 | 100.6835 | 103.0047 |
| April | 103.9096 | 100.9833 | 102.5076 |
| May | 104.0694 | 101.7753 | 103.0294 |
| June | 104.7716 | 101.2333 | 103.3364 |
| July | 101.8713 | 99.5844 | 100.6571 |
| August | 102.0506 | 99.5329 | 100.7403 |
| September | 101.9786 | 100.3160 | 101.1187 |
| October | 101.8120 | 99.8413 | 100.7445 |
| November | 103.4290 | 99.4841 | 101.2053 |
| December | 101.7407 | 96.9443 | 99.1938 |