YEARLY HIGH
0.1489 MOP
YEARLY LOW
0.1348 MOP
YEARLY AVERAGE
0.1437 MOP

2016 MKD to MOP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the MKD to MOP exchange rate experienced significant fluctuation. The market reached its absolute peak on May 4, valuing the pair at 0.1489. Conversely, the yearly low was recorded on December 20, dropping to 0.1348.

This high-to-low spread represents a total annual volatility of 0.0141 MOP. From a start-to-finish perspective, comparing the January average rate of 0.1414 to the December average rate of 0.1369, the exchange rate registered a net change of -3.20% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.1489 was down 6.05% compared to the 2015 peak of 0.1585, 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 745 MOP
2015 Average 721 MOP
Yearly Trough Low 674 MOP
Transaction Impact: A difference of 70.46 MOP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.1478
0.1359
JanuMarcMayJulySeptNove

MKD to MOP 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 0.1450, compared to 0.1425 in the second half (H2: JulтАУDec). This shows that the rate was stronger in the first half (JanтАУJun) by a margin of 0.0024 points.

H1 Avg (JanтАУJun) 0.1450
H2 Avg (JulтАУDec) 0.1425

Volatility Range Comparison

Volatility

The most volatile month in 2016 was November, with a trading range of 0.0071 MOP (High: 0.1444 / Low: 0.1373). On the other end, September was the most stable month, with a tight range of 0.0011 MOP (High: 0.1461 / Low: 0.1450).

November Spread (Volatile) ┬▒0.0071
September Spread (Stable) ┬▒0.0011

Growth Streaks & Declines

Trends

Between July and September, 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 November and December, when the average rate fell by 0.0034 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0034

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2016: 0.1465) against the same month in 2015 (average: 0.1449), the exchange rate shifted by +0.0016 (+1.11%).

2016 Avg (May) 0.1465
2015 Avg (May) 0.1449

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 0.1424 0.1400 0.1414
February 0.1473 0.1417 0.1445
March 0.1474 0.1413 0.1444
April 0.1480 0.1456 0.1468
May 0.1489 0.1444 0.1465
June 0.1479 0.1431 0.1460
July 0.1449 0.1427 0.1438
August 0.1470 0.1437 0.1454
September 0.1461 0.1450 0.1455
October 0.1458 0.1414 0.1433
November 0.1444 0.1373 0.1403
December 0.1395 0.1348 0.1369