YEARLY HIGH
103.6121 SLL
YEARLY LOW
71.1702 SLL
YEARLY AVERAGE
86.5285 SLL

2016 MKD to SLL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the MKD to SLL exchange rate experienced significant fluctuation. The market reached its absolute peak on August 18, valuing the pair at 103.6121. Conversely, the yearly low was recorded on May 24, dropping to 71.1702.

This high-to-low spread represents a total annual volatility of 32.4419 SLL. From a start-to-finish perspective, comparing the January average rate of 73.2090 to the December average rate of 94.7342, the exchange rate registered a net change of 29.40% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 103.6121 was up 23.11% compared to the 2015 peak of 84.1589, 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 518,060 SLL
2015 Average 374,096 SLL
Yearly Trough Low 355,851 SLL
Transaction Impact: A difference of 162,209.63 SLL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

105.5567
69.2808
JanuMarcMayJulySeptNove

MKD to SLL 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 73.5869, compared to 99.4700 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 25.8831 points.

H1 Avg (Jan–Jun) 73.5869
H2 Avg (Jul–Dec) 99.4700

Volatility Range Comparison

Volatility

The most volatile month in 2016 was June, with a trading range of 22.9041 SLL (High: 94.2696 / Low: 71.3655). On the other end, April was the most stable month, with a tight range of 1.7350 SLL (High: 73.6656 / Low: 71.9306).

June Spread (Volatile) ±22.9041
April Spread (Stable) ±1.7350

Growth Streaks & Declines

Trends

Between May and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 3.4477 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -3.4477

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2016: 101.1870) against the same month in 2015 (average: 68.3670), the exchange rate shifted by +32.8200 (+48.01%).

2016 Avg (August) 101.1870
2015 Avg (August) 68.3670

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 74.4544 72.2434 73.2090
February 75.2382 72.2800 73.8657
March 74.2662 71.8523 73.1343
April 73.6656 71.9306 72.8789
May 73.5030 71.1702 72.3038
June 94.2696 71.3655 76.1301
July 100.5785 98.5905 99.3115
August 103.6121 98.8392 101.1870
September 103.2564 100.9051 102.5338
October 103.1811 98.9547 100.8719
November 101.5639 95.7868 98.1819
December 97.1187 93.1692 94.7342