2016 OMR to MKD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2016.
2016 OMR to MKD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2016
During 2016, the OMR to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 20, valuing the pair at 153.9355. Conversely, the yearly low was recorded on May 4, dropping to 139.3822.
This high-to-low spread represents a total annual volatility of 14.5533 MKD. From a start-to-finish perspective, comparing the January average rate of 147.1960 to the December average rate of 151.6506, the exchange rate registered a net change of 3.03% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2016 high of 153.9355 was up 0.96% compared to the 2015 peak of 152.4770, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 OMR based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2016.
OMR to MKD Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 143.3804, compared to 145.7081 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2.3277 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2016 was November, with a trading range of 7.6525 MKD (High: 151.2125 / Low: 143.5600). On the other end, September was the most stable month, with a tight range of 1.1426 MKD (High: 143.2298 / Low: 142.0872).
Growth Streaks & Declines
TrendsBetween 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 3.1770 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2016: 151.6506) against the same month in 2015 (average: 146.7336), the exchange rate shifted by +4.9170 (+3.35%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 148.4486 | 146.4111 | 147.1960 |
| February | 146.8653 | 141.4721 | 144.0190 |
| March | 147.1853 | 140.8189 | 143.6908 |
| April | 142.5105 | 140.2129 | 141.3655 |
| May | 143.8771 | 139.3822 | 141.7843 |
| June | 144.9310 | 140.4215 | 142.2268 |
| July | 145.4445 | 143.0258 | 144.3543 |
| August | 144.5848 | 141.0178 | 142.7223 |
| September | 143.2298 | 142.0872 | 142.6766 |
| October | 146.8471 | 142.1417 | 144.7733 |
| November | 151.2125 | 143.5600 | 148.0712 |
| December | 153.9355 | 148.5629 | 151.6506 |