YEARLY HIGH
1.6468 MKD
YEARLY LOW
1.5232 MKD
YEARLY AVERAGE
1.5666 MKD

2016 MUR to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the MUR to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 20, valuing the pair at 1.6468. Conversely, the yearly low was recorded on June 5, dropping to 1.5232.

This high-to-low spread represents a total annual volatility of 0.1236 MKD. From a start-to-finish perspective, comparing the January average rate of 1.5714 to the December average rate of 1.6248, the exchange rate registered a net change of 3.40% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 1.6468 was down 1.07% compared to the 2015 peak of 1.6646, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 8,234 MKD
2015 Average 7,899 MKD
Yearly Trough Low 7,616 MKD
Transaction Impact: A difference of 618.12 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

1.6329
1.5360
JanuMarcMayJulySeptNove

MUR 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 1.5540, compared to 1.5791 in the second half (H2: JulтАУDec). This shows that the rate was stronger in the second half (JulтАУDec) by a margin of 0.0251 points.

H1 Avg (JanтАУJun) 1.5540
H2 Avg (JulтАУDec) 1.5791

Volatility Range Comparison

Volatility

The most volatile month in 2016 was November, with a trading range of 0.0835 MKD (High: 1.6273 / Low: 1.5438). On the other end, September was the most stable month, with a tight range of 0.0192 MKD (High: 1.5655 / Low: 1.5463).

November Spread (Volatile) ┬▒0.0835
September Spread (Stable) ┬▒0.0192

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 January and February, when the average rate fell by 0.0198 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0198

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2016: 1.6248) against the same month in 2015 (average: 1.5646), the exchange rate shifted by +0.0602 (+3.85%).

2016 Avg (December) 1.6248
2015 Avg (December) 1.5646

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 1.5902 1.5596 1.5714
February 1.5747 1.5279 1.5515
March 1.5757 1.5347 1.5547
April 1.5650 1.5380 1.5505
May 1.5731 1.5235 1.5521
June 1.5682 1.5232 1.5440
July 1.5813 1.5576 1.5696
August 1.5845 1.5492 1.5642
September 1.5655 1.5463 1.5567
October 1.5840 1.5445 1.5660
November 1.6273 1.5438 1.5934
December 1.6468 1.5934 1.6248