YEARLY HIGH
10.7303 XAF
YEARLY LOW
10.4327 XAF
YEARLY AVERAGE
10.6676 XAF

2016 MKD to XAF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the MKD to XAF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 29, valuing the pair at 10.7303. Conversely, the yearly low was recorded on May 2, dropping to 10.4327.

This high-to-low spread represents a total annual volatility of 0.2976 XAF. From a start-to-finish perspective, comparing the January average rate of 10.6636 to the December average rate of 10.6685, the exchange rate registered a net change of 0.05% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 10.7303 was down 2.47% compared to the 2015 peak of 11.0020, 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 53,652 XAF
2015 Average 53,374 XAF
Yearly Trough Low 52,164 XAF
Transaction Impact: A difference of 1,488.14 XAF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

10.6904
10.6337
JanuMarcMayJulySeptNove

MKD to XAF 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 10.6580, compared to 10.6771 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0191 points.

H1 Avg (Jan–Jun) 10.6580
H2 Avg (Jul–Dec) 10.6771

Volatility Range Comparison

Volatility

The most volatile month in 2016 was May, with a trading range of 0.2494 XAF (High: 10.6821 / Low: 10.4327). On the other end, November was the most stable month, with a tight range of 0.0389 XAF (High: 10.6926 / Low: 10.6536).

May Spread (Volatile) ±0.2494
November Spread (Stable) ±0.0389

Growth Streaks & Declines

Trends

Between April and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0195 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0195

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2016: 10.6685) against the same month in 2015 (average: 10.6756), the exchange rate shifted by -0.0071 (-0.07%).

2016 Avg (December) 10.6685
2015 Avg (December) 10.6756

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 10.6923 10.6398 10.6636
February 10.6805 10.6146 10.6615
March 10.7006 10.6044 10.6579
April 10.6908 10.4644 10.6384
May 10.6821 10.4327 10.6442
June 10.7125 10.6663 10.6825
July 10.7074 10.6571 10.6857
August 10.7015 10.6475 10.6797
September 10.7017 10.6344 10.6732
October 10.7042 10.6640 10.6836
November 10.6926 10.6536 10.6722
December 10.7303 10.6477 10.6685