YEARLY HIGH
9.3354 MKD
YEARLY LOW
8.6171 MKD
YEARLY AVERAGE
9.0283 MKD

2016 SDG to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the SDG to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 24, valuing the pair at 9.3354. Conversely, the yearly low was recorded on November 8, dropping to 8.6171.

This high-to-low spread represents a total annual volatility of 0.7183 MKD. From a start-to-finish perspective, comparing the January average rate of 9.2636 to the December average rate of 8.9917, the exchange rate registered a net change of -2.94% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 9.3354 was down 5.66% compared to the 2015 peak of 9.8952, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 46,677 MKD
2015 Average 46,103 MKD
Yearly Trough Low 43,086 MKD
Transaction Impact: A difference of 3,591.40 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

9.3080
8.7754
JanuMarcMayJulySeptNove

SDG 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 9.0536, compared to 9.0030 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0506 points.

H1 Avg (Jan–Jun) 9.0536
H2 Avg (Jul–Dec) 9.0030

Volatility Range Comparison

Volatility

The most volatile month in 2016 was October, with a trading range of 0.4446 MKD (High: 9.2014 / Low: 8.7568). On the other end, September was the most stable month, with a tight range of 0.1245 MKD (High: 9.0670 / Low: 8.9425).

October Spread (Volatile) ±0.4446
September Spread (Stable) ±0.1245

Growth Streaks & Declines

Trends

Between 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 October and November, when the average rate fell by 0.1855 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.1855

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2016: 9.2636) against the same month in 2015 (average: 8.9746), the exchange rate shifted by +0.2890 (+3.22%).

2016 Avg (January) 9.2636
2015 Avg (January) 8.9746

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 9.3354 9.1685 9.2636
February 9.2737 8.9319 9.0934
March 9.2894 8.8849 9.0761
April 9.0141 8.8519 8.9247
May 9.0989 8.8171 8.9633
June 9.1872 8.8781 9.0005
July 9.2058 9.0736 9.1389
August 9.1473 8.9383 9.0381
September 9.0670 8.9425 9.0240
October 9.2014 8.7568 9.0053
November 8.9662 8.6171 8.8198
December 9.1358 8.8295 8.9917