YEARLY HIGH
21.9286 MKD
YEARLY LOW
19.8510 MKD
YEARLY AVERAGE
20.6029 MKD

2016 XCD to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the XCD to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 20, valuing the pair at 21.9286. Conversely, the yearly low was recorded on May 4, dropping to 19.8510.

This high-to-low spread represents a total annual volatility of 2.0776 MKD. From a start-to-finish perspective, comparing the January average rate of 20.9806 to the December average rate of 21.6140, the exchange rate registered a net change of 3.02% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 21.9286 was up 0.90% compared to the 2015 peak of 21.7324, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 109,643 MKD
2015 Average 102,618 MKD
Yearly Trough Low 99,255 MKD
Transaction Impact: A difference of 10,387.99 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

21.7616
19.9911
JanuMarcMayJulySeptNove

XCD 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 20.4314, compared to 20.7744 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.3430 points.

H1 Avg (Jan–Jun) 20.4314
H2 Avg (Jul–Dec) 20.7744

Volatility Range Comparison

Volatility

The most volatile month in 2016 was November, with a trading range of 1.0602 MKD (High: 21.5482 / Low: 20.4881). On the other end, September was the most stable month, with a tight range of 0.1539 MKD (High: 20.4229 / Low: 20.2690).

November Spread (Volatile) ±1.0602
September Spread (Stable) ±0.1539

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 January and February, when the average rate fell by 0.4468 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.4468

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2016: 21.6140) against the same month in 2015 (average: 20.8982), the exchange rate shifted by +0.7158 (+3.43%).

2016 Avg (December) 21.6140
2015 Avg (December) 20.8982

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 21.1606 20.8697 20.9806
February 20.9380 20.1629 20.5338
March 20.9816 20.0708 20.4811
April 20.2991 19.9725 20.1386
May 20.4949 19.8510 20.1963
June 20.6389 20.0003 20.2581
July 20.7518 20.4092 20.5693
August 20.6171 20.1143 20.3539
September 20.4229 20.2690 20.3520
October 20.9433 20.2770 20.6430
November 21.5482 20.4881 21.1142
December 21.9286 21.1919 21.6140