YEARLY HIGH
0.0132 XDR
YEARLY LOW
0.0126 XDR
YEARLY AVERAGE
0.0129 XDR

2016 MKD to XDR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the MKD to XDR exchange rate experienced significant fluctuation. The market reached its absolute peak on August 18, valuing the pair at 0.0132. Conversely, the yearly low was recorded on December 19, dropping to 0.0126.

This high-to-low spread represents a total annual volatility of 0.0006 XDR. From a start-to-finish perspective, comparing the January average rate of 0.0128 to the December average rate of 0.0127, the exchange rate registered a net change of -0.39% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.0132 was down 4.80% compared to the 2015 peak of 0.0138, 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 66 XDR
2015 Average 64 XDR
Yearly Trough Low 63 XDR
Transaction Impact: A difference of 2.77 XDR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.0131
0.0127
JanuMarcMayJulySeptNove

MKD to XDR 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 0.0129, compared to 0.0129 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0000 points.

H1 Avg (Jan–Jun) 0.0129
H2 Avg (Jul–Dec) 0.0129

Volatility Range Comparison

Volatility

The most volatile month in 2016 was November, with a trading range of 0.0004 XDR (High: 0.0131 / Low: 0.0127). On the other end, September was the most stable month, with a tight range of 0.0001 XDR (High: 0.0131 / Low: 0.0130).

November Spread (Volatile) ±0.0004
September Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between January and April, 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 October and November, when the average rate fell by 0.0002 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2016: 0.0130) against the same month in 2015 (average: 0.0129), the exchange rate shifted by +0.0001 (+0.91%).

2016 Avg (August) 0.0130
2015 Avg (August) 0.0129

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0128 0.0127 0.0128
February 0.0130 0.0128 0.0129
March 0.0131 0.0128 0.0129
April 0.0131 0.0128 0.0130
May 0.0131 0.0129 0.0130
June 0.0131 0.0129 0.0130
July 0.0130 0.0129 0.0129
August 0.0132 0.0129 0.0130
September 0.0131 0.0130 0.0130
October 0.0131 0.0129 0.0130
November 0.0131 0.0127 0.0128
December 0.0129 0.0126 0.0127