YEARLY HIGH
14.0860 MKD
YEARLY LOW
12.7656 MKD
YEARLY AVERAGE
13.4419 MKD

2016 MYR to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the MYR to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on April 13, valuing the pair at 14.0860. Conversely, the yearly low was recorded on January 10, dropping to 12.7656.

This high-to-low spread represents a total annual volatility of 1.3204 MKD. From a start-to-finish perspective, comparing the January average rate of 13.0868 to the December average rate of 13.0948, the exchange rate registered a net change of 0.06% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 14.0860 was down 11.47% compared to the 2015 peak of 15.9105, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 20,000 MYR based on timing:

Yearly Peak High 281,720 MKD
2015 Average 285,502 MKD
Yearly Trough Low 255,312 MKD
Transaction Impact: A difference of 26,407.89 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

14.0443
12.9997
JanuMarcMayJulySeptNove

MYR 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: Jan–Jun) was 13.4794, compared to 13.4045 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0749 points.

H1 Avg (Jan–Jun) 13.4794
H2 Avg (Jul–Dec) 13.4045

Volatility Range Comparison

Volatility

The most volatile month in 2016 was January, with a trading range of 0.9507 MKD (High: 13.7163 / Low: 12.7656). On the other end, September was the most stable month, with a tight range of 0.3034 MKD (High: 13.5374 / Low: 13.2340).

January Spread (Volatile) ±0.9507
September Spread (Stable) ±0.3034

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 April and May, when the average rate fell by 0.4503 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.4503

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2016: 13.9572) against the same month in 2015 (average: 15.6908), the exchange rate shifted by -1.7335 (-11.05%).

2016 Avg (April) 13.9572
2015 Avg (April) 15.6908

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 13.7163 12.7656 13.0868
February 13.5997 13.1057 13.2738
March 13.9256 13.3763 13.6189
April 14.0860 13.7669 13.9572
May 13.9764 13.3821 13.5069
June 13.8382 13.2567 13.4326
July 14.0845 13.6414 13.8385
August 13.8374 13.4789 13.6468
September 13.5374 13.2340 13.3698
October 13.5861 13.2198 13.3531
November 13.3119 12.9580 13.1237
December 13.2299 12.8810 13.0948