YEARLY HIGH
1.9615 XPF
YEARLY LOW
1.8999 XPF
YEARLY AVERAGE
1.9378 XPF

2016 MKD to XPF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the MKD to XPF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 29, valuing the pair at 1.9615. Conversely, the yearly low was recorded on May 2, dropping to 1.8999.

This high-to-low spread represents a total annual volatility of 0.0616 XPF. From a start-to-finish perspective, comparing the January average rate of 1.9378 to the December average rate of 1.9420, the exchange rate registered a net change of 0.22% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 1.9615 was down 1.98% compared to the 2015 peak of 2.0011, 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 9,808 XPF
2015 Average 9,712 XPF
Yearly Trough Low 9,500 XPF
Transaction Impact: A difference of 307.92 XPF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

1.9426
1.9352
JanuMarcMayJulySeptNove

MKD to XPF 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 1.9378, compared to 1.9379 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 1.9378
H2 Avg (Jul–Dec) 1.9379

Volatility Range Comparison

Volatility

The most volatile month in 2016 was May, with a trading range of 0.0427 XPF (High: 1.9426 / Low: 1.8999). On the other end, November was the most stable month, with a tight range of 0.0071 XPF (High: 1.9416 / Low: 1.9345).

May Spread (Volatile) ±0.0427
November Spread (Stable) ±0.0071

Growth Streaks & Declines

Trends

Between September and December, 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 0.0031 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0031

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2016: 1.9420) against the same month in 2015 (average: 1.9407), the exchange rate shifted by +0.0013 (+0.07%).

2016 Avg (December) 1.9420
2015 Avg (December) 1.9407

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.9422 1.9347 1.9378
February 1.9455 1.9352 1.9388
March 1.9479 1.9295 1.9389
April 1.9454 1.9045 1.9359
May 1.9426 1.8999 1.9361
June 1.9439 1.9344 1.9390
July 1.9418 1.9342 1.9378
August 1.9412 1.9317 1.9363
September 1.9418 1.9262 1.9358
October 1.9420 1.9229 1.9375
November 1.9416 1.9345 1.9379
December 1.9615 1.9335 1.9420