YEARLY HIGH
7.4175 MKD
YEARLY LOW
6.7155 MKD
YEARLY AVERAGE
6.9600 MKD

2016 MOP to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the MOP to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 20, valuing the pair at 7.4175. Conversely, the yearly low was recorded on May 4, dropping to 6.7155.

This high-to-low spread represents a total annual volatility of 0.7019 MKD. From a start-to-finish perspective, comparing the January average rate of 7.0699 to the December average rate of 7.3045, the exchange rate registered a net change of 3.32% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 7.4175 was up 1.21% compared to the 2015 peak of 7.3286, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 37,087 MKD
2015 Average 34,715 MKD
Yearly Trough Low 33,578 MKD
Transaction Impact: A difference of 3,509.73 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

7.3536
6.7644
JanuMarcMayJulySeptNove

MOP 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: JanтАУJun) was 6.9005, compared to 7.0196 in the second half (H2: JulтАУDec). This shows that the rate was stronger in the second half (JulтАУDec) by a margin of 0.1190 points.

H1 Avg (JanтАУJun) 6.9005
H2 Avg (JulтАУDec) 7.0196

Volatility Range Comparison

Volatility

The most volatile month in 2016 was November, with a trading range of 0.3569 MKD (High: 7.2824 / Low: 6.9255). On the other end, September was the most stable month, with a tight range of 0.0496 MKD (High: 6.8965 / Low: 6.8469).

November Spread (Volatile) ┬▒0.3569
September Spread (Stable) ┬▒0.0496

Growth Streaks & Declines

Trends

Between April and July, 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 January and February, when the average rate fell by 0.1501 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.1501

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2016: 7.3045) against the same month in 2015 (average: 7.0841), the exchange rate shifted by +0.2204 (+3.11%).

2016 Avg (December) 7.3045
2015 Avg (December) 7.0841

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 7.1426 7.0234 7.0699
February 7.0594 6.7895 6.9198
March 7.0768 6.7837 6.9242
April 6.8672 6.7576 6.8135
May 6.9260 6.7155 6.8261
June 6.9886 6.7610 6.8497
July 7.0069 6.9004 6.9544
August 6.9590 6.8012 6.8757
September 6.8965 6.8469 6.8742
October 7.0722 6.8566 6.9768
November 7.2824 6.9255 7.1318
December 7.4175 7.1686 7.3045