YEARLY HIGH
0.5916 UYU
YEARLY LOW
0.4819 UYU
YEARLY AVERAGE
0.5421 UYU

2016 MKD to UYU Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the MKD to UYU exchange rate experienced significant fluctuation. The market reached its absolute peak on March 20, valuing the pair at 0.5916. Conversely, the yearly low was recorded on December 26, dropping to 0.4819.

This high-to-low spread represents a total annual volatility of 0.1097 UYU. From a start-to-finish perspective, comparing the January average rate of 0.5409 to the December average rate of 0.4929, the exchange rate registered a net change of -8.88% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.5916 was up 8.12% compared to the 2015 peak of 0.5472, 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 2,958 UYU
2015 Average 2,461 UYU
Yearly Trough Low 2,409 UYU
Transaction Impact: A difference of 548.72 UYU purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.5904
0.4840
JanuMarcMayJulySeptNove

MKD to UYU 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 0.5685, compared to 0.5157 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0528 points.

H1 Avg (Jan–Jun) 0.5685
H2 Avg (Jul–Dec) 0.5157

Volatility Range Comparison

Volatility

The most volatile month in 2016 was February, with a trading range of 0.0281 UYU (High: 0.5770 / Low: 0.5489). On the other end, September was the most stable month, with a tight range of 0.0158 UYU (High: 0.5344 / Low: 0.5186).

February Spread (Volatile) ±0.0281
September Spread (Stable) ±0.0158

Growth Streaks & Declines

Trends

Between January and March, 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 September and October, when the average rate fell by 0.0193 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0193

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2016: 0.5816) against the same month in 2015 (average: 0.4430), the exchange rate shifted by +0.1386 (+31.29%).

2016 Avg (March) 0.5816
2015 Avg (March) 0.4430

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.5504 0.5280 0.5409
February 0.5770 0.5489 0.5699
March 0.5916 0.5710 0.5816
April 0.5866 0.5693 0.5795
May 0.5889 0.5610 0.5767
June 0.5732 0.5523 0.5623
July 0.5539 0.5337 0.5447
August 0.5418 0.5192 0.5270
September 0.5344 0.5186 0.5246
October 0.5202 0.4965 0.5053
November 0.5098 0.4868 0.4994
December 0.5044 0.4819 0.4929