YEARLY HIGH
62.5258 COP
YEARLY LOW
50.5765 COP
YEARLY AVERAGE
54.8675 COP

2016 MKD to COP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the MKD to COP exchange rate experienced significant fluctuation. The market reached its absolute peak on February 11, valuing the pair at 62.5258. Conversely, the yearly low was recorded on December 21, dropping to 50.5765.

This high-to-low spread represents a total annual volatility of 11.9494 COP. From a start-to-finish perspective, comparing the January average rate of 57.8807 to the December average rate of 51.5833, the exchange rate registered a net change of -10.88% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 62.5258 was up 4.76% compared to the 2015 peak of 59.6826, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 312,629 COP
2015 Average 247,504 COP
Yearly Trough Low 252,882 COP
Transaction Impact: A difference of 59,746.77 COP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

61.4059
50.6903
JanuMarcMayJulySeptNove

MKD to COP 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 56.5568, compared to 53.1783 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 3.3785 points.

H1 Avg (Jan–Jun) 56.5568
H2 Avg (Jul–Dec) 53.1783

Volatility Range Comparison

Volatility

The most volatile month in 2016 was April, with a trading range of 5.0137 COP (High: 57.2415 / Low: 52.2277). On the other end, October was the most stable month, with a tight range of 1.7851 COP (High: 53.6416 / Low: 51.8565).

April Spread (Volatile) ±5.0137
October Spread (Stable) ±1.7851

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2016. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 4.0263 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -4.0263

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2016: 60.5130) against the same month in 2015 (average: 44.6511), the exchange rate shifted by +15.8618 (+35.52%).

2016 Avg (February) 60.5130
2015 Avg (February) 44.6511

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 59.4651 56.1457 57.8807
February 62.5258 58.4770 60.5130
March 57.9054 55.2898 56.4866
April 57.2415 52.2277 55.0644
May 55.7131 52.0661 54.8725
June 56.2120 52.7748 54.5233
July 55.8038 52.4048 53.3572
August 56.3757 52.5874 53.7882
September 53.9873 51.9449 53.1668
October 53.6416 51.8565 52.5893
November 55.3961 53.5205 54.5850
December 53.4819 50.5765 51.5833