2016 BHD to MKD Historical Review

YEARLY HIGH

157.2781 MKD

YEARLY LOW

142.3220 MKD

YEARLY AVERAGE

147.6097 MKD

2016 BHD to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the BHD to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 20, valuing the pair at 157.2781. Conversely, the yearly low was recorded on May 4, dropping to 142.3220.

This high-to-low spread represents a total annual volatility of 14.9560 MKD. From a start-to-finish perspective, comparing the January average rate of 150.3645 to the December average rate of 154.9344, the exchange rate registered a net change of 3.04% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 157.2781 was up 0.97% compared to the 2015 peak of 155.7726, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 786,390 MKD

2015 Average 735,020 MKD

Yearly Trough Low 711,610 MKD

Transaction Impact: A difference of 74,780.19 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

155.9895

143.3278

JanuMarcMayJulySeptNove

BHD 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 146.4393, compared to 148.7802 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2.3409 points.

H1 Avg (Jan–Jun) 146.4393

H2 Avg (Jul–Dec) 148.7802

Volatility Range Comparison

Volatility

The most volatile month in 2016 was November, with a trading range of 7.8876 MKD (High: 154.4098 / Low: 146.5222). On the other end, September was the most stable month, with a tight range of 1.1601 MKD (High: 146.2795 / Low: 145.1195).

November Spread (Volatile) ±7.8876

September Spread (Stable) ±1.1601

Growth Streaks & Declines

Trends

Between August and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 3.2569 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -3.2569

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2016: 154.9344) against the same month in 2015 (average: 149.6941), the exchange rate shifted by +5.2402 (+3.50%).

2016 Avg (December) 154.9344

2015 Avg (December) 149.6941

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	151.5492	149.5500	150.3645
February	150.1253	144.4565	147.1075
March	150.3031	143.8309	146.7462
April	145.5198	143.1808	144.3830
May	146.8505	142.3220	144.8027
June	147.9086	143.3981	145.2319
July	148.4473	146.0423	147.3034
August	147.5655	143.9985	145.6931
September	146.2795	145.1195	145.7161
October	149.9665	145.1797	147.8369
November	154.4098	146.5222	151.1971
December	157.2781	151.8007	154.9344

2016 BHD నుండి MKD చారిత్రక సమీక్ష