YEARLY HIGH
19.6074 MKD
YEARLY LOW
16.2622 MKD
YEARLY AVERAGE
18.4468 MKD

2016 TRY to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the TRY to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on April 30, valuing the pair at 19.6074. Conversely, the yearly low was recorded on December 5, dropping to 16.2622.

This high-to-low spread represents a total annual volatility of 3.3452 MKD. From a start-to-finish perspective, comparing the January average rate of 18.8848 to the December average rate of 16.6678, the exchange rate registered a net change of -11.74% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 19.6074 was down 14.74% compared to the 2015 peak of 22.9961, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 50,000 TRY based on timing:

Yearly Peak High 980,369 MKD
2015 Average 1,021,997 MKD
Yearly Trough Low 813,111 MKD
Transaction Impact: A difference of 167,258.13 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

19.4495
16.4149
JanuMarcMayJulySeptNove

TRY 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 18.9085, compared to 17.9851 in the second half (H2: JulтАУDec). This shows that the rate was stronger in the first half (JanтАУJun) by a margin of 0.9234 points.

H1 Avg (JanтАУJun) 18.9085
H2 Avg (JulтАУDec) 17.9851

Volatility Range Comparison

Volatility

The most volatile month in 2016 was May, with a trading range of 1.3052 MKD (High: 19.5716 / Low: 18.2664). On the other end, March was the most stable month, with a tight range of 0.2875 MKD (High: 19.3355 / Low: 19.0480).

May Spread (Volatile) ┬▒1.3052
March Spread (Stable) ┬▒0.2875

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2016. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.8330 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.8330

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2016: 19.1958) against the same month in 2015 (average: 21.4822), the exchange rate shifted by -2.2864 (-10.64%).

2016 Avg (April) 19.1958
2015 Avg (April) 21.4822

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 19.4199 18.5035 18.8848
February 19.1765 18.5769 18.8329
March 19.3355 19.0480 19.1966
April 19.6074 18.9374 19.1958
May 19.5716 18.2664 18.5558
June 19.2221 18.6515 18.7851
July 19.2603 18.1792 18.7175
August 18.7053 18.3085 18.5562
September 18.7640 18.2584 18.5122
October 18.3884 17.9815 18.1448
November 17.9145 16.8076 17.3118
December 16.8481 16.2622 16.6678