YEARLY HIGH
0.0288 MKD
YEARLY LOW
0.0230 MKD
YEARLY AVERAGE
0.0261 MKD

2016 MNT to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the MNT to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on June 27, valuing the pair at 0.0288. Conversely, the yearly low was recorded on November 5, dropping to 0.0230.

This high-to-low spread represents a total annual volatility of 0.0057 MKD. From a start-to-finish perspective, comparing the January average rate of 0.0284 to the December average rate of 0.0236, the exchange rate registered a net change of -16.93% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.0288 was down 2.82% compared to the 2015 peak of 0.0296, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 MNT based on timing:

Yearly Peak High 144 MKD
2015 Average 141 MKD
Yearly Trough Low 115 MKD
Transaction Impact: A difference of 28.54 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.0289
0.0230
JanuMarcMayJulySeptNove

MNT to MKD 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 0.0275, compared to 0.0248 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0028 points.

H1 Avg (Jan–Jun) 0.0275
H2 Avg (Jul–Dec) 0.0248

Volatility Range Comparison

Volatility

The most volatile month in 2016 was August, with a trading range of 0.0026 MKD (High: 0.0267 / Low: 0.0241). On the other end, January was the most stable month, with a tight range of 0.0005 MKD (High: 0.0287 / Low: 0.0281).

August Spread (Volatile) ±0.0026
January Spread (Stable) ±0.0005

Growth Streaks & Declines

Trends

Between April and June, 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 July and August, when the average rate fell by 0.0023 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0023

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2016: 0.0279) against the same month in 2015 (average: 0.0289), the exchange rate shifted by -0.0011 (-3.73%).

2016 Avg (June) 0.0279
2015 Avg (June) 0.0289

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0287 0.0281 0.0284
February 0.0282 0.0271 0.0275
March 0.0279 0.0265 0.0271
April 0.0276 0.0265 0.0271
May 0.0277 0.0266 0.0272
June 0.0288 0.0272 0.0279
July 0.0279 0.0267 0.0275
August 0.0267 0.0241 0.0252
September 0.0250 0.0240 0.0246
October 0.0246 0.0237 0.0242
November 0.0239 0.0230 0.0235
December 0.0239 0.0232 0.0236