YEARLY HIGH
0.4587 MKD
YEARLY LOW
0.4374 MKD
YEARLY AVERAGE
0.4483 MKD

2016 ALL to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the ALL to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 23, valuing the pair at 0.4587. Conversely, the yearly low was recorded on February 4, dropping to 0.4374.

This high-to-low spread represents a total annual volatility of 0.0214 MKD. From a start-to-finish perspective, comparing the January average rate of 0.4459 to the December average rate of 0.4552, the exchange rate registered a net change of 2.10% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.4587 was up 1.49% compared to the 2015 peak of 0.4520, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,294 MKD
2015 Average 2,201 MKD
Yearly Trough Low 2,187 MKD
Transaction Impact: A difference of 106.93 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.4563
0.4437
JanuMarcMayJulySeptNove

ALL 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 0.4455, compared to 0.4512 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0056 points.

H1 Avg (Jan–Jun) 0.4455
H2 Avg (Jul–Dec) 0.4512

Volatility Range Comparison

Volatility

The most volatile month in 2016 was April, with a trading range of 0.0117 MKD (High: 0.4525 / Low: 0.4408). On the other end, September was the most stable month, with a tight range of 0.0031 MKD (High: 0.4504 / Low: 0.4474).

April Spread (Volatile) ±0.0117
September Spread (Stable) ±0.0031

Growth Streaks & Declines

Trends

Between September and December, 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 August and September, when the average rate fell by 0.0018 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0018

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2016: 0.4552) against the same month in 2015 (average: 0.4469), the exchange rate shifted by +0.0084 (+1.87%).

2016 Avg (December) 0.4552
2015 Avg (December) 0.4469

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.4490 0.4420 0.4459
February 0.4470 0.4374 0.4448
March 0.4475 0.4411 0.4454
April 0.4525 0.4408 0.4451
May 0.4524 0.4425 0.4462
June 0.4485 0.4406 0.4459
July 0.4544 0.4467 0.4505
August 0.4539 0.4471 0.4505
September 0.4504 0.4474 0.4487
October 0.4524 0.4467 0.4497
November 0.4542 0.4497 0.4522
December 0.4587 0.4521 0.4552