YEARLY HIGH
20.2800 CDF
YEARLY LOW
15.8859 CDF
YEARLY AVERAGE
17.3824 CDF

2016 MKD to CDF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the MKD to CDF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 24, valuing the pair at 20.2800. Conversely, the yearly low was recorded on November 17, dropping to 15.8859.

This high-to-low spread represents a total annual volatility of 4.3942 CDF. From a start-to-finish perspective, comparing the January average rate of 16.3552 to the December average rate of 19.9501, the exchange rate registered a net change of 21.98% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 20.2800 was up 10.50% compared to the 2015 peak of 18.3536, 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 101,400 CDF
2015 Average 83,601 CDF
Yearly Trough Low 79,429 CDF
Transaction Impact: A difference of 21,970.82 CDF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

20.3095
15.9957
JanuMarcMayJulySeptNove

MKD to CDF 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: JanтАУJun) was 16.8431, compared to 17.9218 in the second half (H2: JulтАУDec). This shows that the rate was stronger in the second half (JulтАУDec) by a margin of 1.0787 points.

H1 Avg (JanтАУJun) 16.8431
H2 Avg (JulтАУDec) 17.9218

Volatility Range Comparison

Volatility

The most volatile month in 2016 was November, with a trading range of 3.8454 CDF (High: 19.7313 / Low: 15.8859). On the other end, September was the most stable month, with a tight range of 0.2341 CDF (High: 17.9038 / Low: 17.6698).

November Spread (Volatile) ┬▒3.8454
September Spread (Stable) ┬▒0.2341

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 September and October, when the average rate fell by 0.3426 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.3426

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2016: 19.9501) against the same month in 2015 (average: 16.4176), the exchange rate shifted by +3.5324 (+21.52%).

2016 Avg (December) 19.9501
2015 Avg (December) 16.4176

рдорд╛рд╕рд┐рдХ рд╡рд┐рд╢реНрд▓реЗрд╖рдг

рдкреНрд░рддреНрдпреЗрдХ рдХреЕрд▓реЗрдВрдбрд░ рдорд╣рд┐рдиреНрдпрд╛рд╕рд╛рдареА рд╕рд╛рдВрдЦреНрдпрд┐рдХреАрдп рд╕рд╛рд░рд╛рдВрд╢.

Month High Low Average
January 16.4681 16.2291 16.3552
February 17.0439 16.3804 16.7397
March 17.0947 16.3002 16.7577
April 17.1847 16.9223 17.0506
May 17.3228 16.7515 16.9980
June 17.7461 16.6762 17.1572
July 17.7317 16.9724 17.1247
August 18.0703 17.4923 17.7798
September 17.9038 17.6698 17.7729
October 17.9067 17.0734 17.4304
November 19.7313 15.8859 17.4727
December 20.2800 19.6524 19.9501