YEARLY HIGH
14.5948 MKD
YEARLY LOW
13.6198 MKD
YEARLY AVERAGE
14.1146 MKD

2016 PLN to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the PLN to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on April 3, valuing the pair at 14.5948. Conversely, the yearly low was recorded on December 4, dropping to 13.6198.

This high-to-low spread represents a total annual volatility of 0.9749 MKD. From a start-to-finish perspective, comparing the January average rate of 13.9898 to the December average rate of 13.8764, the exchange rate registered a net change of -0.81% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 14.5948 was down 5.38% compared to the 2015 peak of 15.4248, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 291,895 MKD
2015 Average 294,123 MKD
Yearly Trough Low 272,397 MKD
Transaction Impact: A difference of 19,498.67 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

14.4131
13.8276
JanuMarcMayJulySeptNove

PLN 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 14.1131, compared to 14.1162 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0030 points.

H1 Avg (Jan–Jun) 14.1131
H2 Avg (Jul–Dec) 14.1162

Volatility Range Comparison

Volatility

The most volatile month in 2016 was January, with a trading range of 0.6666 MKD (High: 14.3966 / Low: 13.7300). On the other end, October was the most stable month, with a tight range of 0.2222 MKD (High: 14.4075 / Low: 14.1853).

January Spread (Volatile) ±0.6666
October Spread (Stable) ±0.2222

Growth Streaks & Declines

Trends

Between January and March, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.3241 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.3241

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2016: 14.3175) against the same month in 2015 (average: 15.2871), the exchange rate shifted by -0.9696 (-6.34%).

2016 Avg (April) 14.3175
2015 Avg (April) 15.2871

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 14.3966 13.7300 13.9898
February 14.1355 13.8628 14.0118
March 14.5171 14.2003 14.3643
April 14.5948 13.9950 14.3175
May 14.3668 13.8727 13.9933
June 14.2294 13.7982 14.0020
July 14.1265 13.8413 13.9951
August 14.4523 14.1089 14.3091
September 14.3497 14.0746 14.2457
October 14.4075 14.1853 14.2753
November 14.2904 13.8140 13.9953
December 14.0027 13.6198 13.8764