YEARLY HIGH
0.4223 MKD
YEARLY LOW
0.3237 MKD
YEARLY AVERAGE
0.3422 MKD

2016 AOA to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the AOA to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 5, valuing the pair at 0.4223. Conversely, the yearly low was recorded on May 4, dropping to 0.3237.

This high-to-low spread represents a total annual volatility of 0.0987 MKD. From a start-to-finish perspective, comparing the January average rate of 0.3819 to the December average rate of 0.3523, the exchange rate registered a net change of -7.75% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.4223 was down 23.21% compared to the 2015 peak of 0.5500, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,112 MKD
2015 Average 2,337 MKD
Yearly Trough Low 1,618 MKD
Transaction Impact: A difference of 493.39 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.3872
0.3240
JanuMarcMayJulySeptNove

AOA 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 0.3456, compared to 0.3387 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0069 points.

H1 Avg (Jan–Jun) 0.3456
H2 Avg (Jul–Dec) 0.3387

Volatility Range Comparison

Volatility

The most volatile month in 2016 was January, with a trading range of 0.0599 MKD (High: 0.4223 / Low: 0.3624). On the other end, September was the most stable month, with a tight range of 0.0026 MKD (High: 0.3330 / Low: 0.3304).

January Spread (Volatile) ±0.0599
September Spread (Stable) ±0.0026

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 January and February, when the average rate fell by 0.0294 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0294

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2016: 0.3819) against the same month in 2015 (average: 0.5086), the exchange rate shifted by -0.1267 (-24.90%).

2016 Avg (January) 0.3819
2015 Avg (January) 0.5086

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.4223 0.3624 0.3819
February 0.3636 0.3468 0.3525
March 0.3567 0.3376 0.3474
April 0.3391 0.3274 0.3322
May 0.3341 0.3237 0.3293
June 0.3365 0.3261 0.3303
July 0.3383 0.3326 0.3356
August 0.3361 0.3278 0.3318
September 0.3330 0.3304 0.3318
October 0.3414 0.3305 0.3366
November 0.3515 0.3335 0.3442
December 0.3572 0.3453 0.3523