YEARLY HIGH
0.1620 SEK
YEARLY LOW
0.1459 SEK
YEARLY AVERAGE
0.1538 SEK

2016 MKD to SEK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the MKD to SEK exchange rate experienced significant fluctuation. The market reached its absolute peak on November 6, valuing the pair at 0.1620. Conversely, the yearly low was recorded on May 2, dropping to 0.1459.

This high-to-low spread represents a total annual volatility of 0.0160 SEK. From a start-to-finish perspective, comparing the January average rate of 0.1507 to the December average rate of 0.1578, the exchange rate registered a net change of 4.71% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.1620 was up 2.97% compared to the 2015 peak of 0.1573, 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 810 SEK
2015 Average 761 SEK
Yearly Trough Low 730 SEK
Transaction Impact: A difference of 80.12 SEK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.1613
0.1482
JanuMarcMayJulySeptNove

MKD to SEK 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 0.1510, compared to 0.1566 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0056 points.

H1 Avg (Jan–Jun) 0.1510
H2 Avg (Jul–Dec) 0.1566

Volatility Range Comparison

Volatility

The most volatile month in 2016 was May, with a trading range of 0.0059 SEK (High: 0.1519 / Low: 0.1459). On the other end, August was the most stable month, with a tight range of 0.0026 SEK (High: 0.1559 / Low: 0.1533).

May Spread (Volatile) ±0.0059
August Spread (Stable) ±0.0026

Growth Streaks & Declines

Trends

Between April and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0024 points.

Longest Streak 7 Mo.
Sharpest MoM Drop -0.0024

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2016: 0.1602) against the same month in 2015 (average: 0.1514), the exchange rate shifted by +0.0088 (+5.80%).

2016 Avg (November) 0.1602
2015 Avg (November) 0.1514

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1521 0.1491 0.1507
February 0.1540 0.1510 0.1528
March 0.1520 0.1493 0.1508
April 0.1509 0.1465 0.1493
May 0.1519 0.1459 0.1507
June 0.1535 0.1499 0.1515
July 0.1554 0.1527 0.1541
August 0.1559 0.1533 0.1542
September 0.1566 0.1537 0.1554
October 0.1610 0.1564 0.1579
November 0.1620 0.1586 0.1602
December 0.1607 0.1557 0.1578