YEARLY HIGH
6.8520 MKD
YEARLY LOW
6.1741 MKD
YEARLY AVERAGE
6.5058 MKD

2016 SEK to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the SEK to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on May 2, valuing the pair at 6.8520. Conversely, the yearly low was recorded on November 6, dropping to 6.1741.

This high-to-low spread represents a total annual volatility of 0.6779 MKD. From a start-to-finish perspective, comparing the January average rate of 6.6360 to the December average rate of 6.3377, the exchange rate registered a net change of -4.49% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 6.8520 was up 1.58% compared to the 2015 peak of 6.7454, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 34,260 MKD
2015 Average 32,857 MKD
Yearly Trough Low 30,870 MKD
Transaction Impact: A difference of 3,389.61 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

6.7440
6.1971
JanuMarcMayJulySeptNove

SEK 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 6.6245, compared to 6.3871 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.2374 points.

H1 Avg (Jan–Jun) 6.6245
H2 Avg (Jul–Dec) 6.3871

Volatility Range Comparison

Volatility

The most volatile month in 2016 was May, with a trading range of 0.2676 MKD (High: 6.8520 / Low: 6.5844). On the other end, August was the most stable month, with a tight range of 0.1088 MKD (High: 6.5244 / Low: 6.4157).

May Spread (Volatile) ±0.2676
August Spread (Stable) ±0.1088

Growth Streaks & Declines

Trends

Between February and April, 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 June and July, when the average rate fell by 0.1084 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.1084

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2016: 6.6369) against the same month in 2015 (average: 6.6102), the exchange rate shifted by +0.0267 (+0.40%).

2016 Avg (May) 6.6369
2015 Avg (May) 6.6102

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 6.7061 6.5728 6.6360
February 6.6219 6.4939 6.5461
March 6.6989 6.5776 6.6303
April 6.8272 6.6251 6.6984
May 6.8520 6.5844 6.6369
June 6.6701 6.5162 6.5990
July 6.5500 6.4340 6.4906
August 6.5244 6.4157 6.4847
September 6.5056 6.3847 6.4350
October 6.3919 6.2109 6.3316
November 6.3034 6.1741 6.2427
December 6.4230 6.2223 6.3377