YEARLY HIGH
1.2761 MKD
YEARLY LOW
1.1737 MKD
YEARLY AVERAGE
1.2108 MKD

2016 DOP to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the DOP to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 20, valuing the pair at 1.2761. Conversely, the yearly low was recorded on May 4, dropping to 1.1737.

This high-to-low spread represents a total annual volatility of 0.1024 MKD. From a start-to-finish perspective, comparing the January average rate of 1.2440 to the December average rate of 1.2556, the exchange rate registered a net change of 0.94% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 1.2761 was down 2.62% compared to the 2015 peak of 1.3105, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 6,381 MKD
2015 Average 6,163 MKD
Yearly Trough Low 5,868 MKD
Transaction Impact: A difference of 512.17 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

1.2624
1.1809
JanuMarcMayJulySeptNove

DOP 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 1.2070, compared to 1.2147 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0077 points.

H1 Avg (Jan–Jun) 1.2070
H2 Avg (Jul–Dec) 1.2147

Volatility Range Comparison

Volatility

The most volatile month in 2016 was November, with a trading range of 0.0595 MKD (High: 1.2540 / Low: 1.1946). On the other end, September was the most stable month, with a tight range of 0.0127 MKD (High: 1.1982 / Low: 1.1855).

November Spread (Volatile) ±0.0595
September Spread (Stable) ±0.0127

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 0.0283 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0283

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2016: 1.2556) against the same month in 2015 (average: 1.2424), the exchange rate shifted by +0.0131 (+1.06%).

2016 Avg (December) 1.2556
2015 Avg (December) 1.2424

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.2546 1.2371 1.2440
February 1.2417 1.1921 1.2156
March 1.2417 1.1866 1.2112
April 1.1975 1.1781 1.1877
May 1.2062 1.1737 1.1907
June 1.2158 1.1774 1.1925
July 1.2188 1.1994 1.2095
August 1.2136 1.1782 1.1943
September 1.1982 1.1855 1.1918
October 1.2246 1.1859 1.2071
November 1.2540 1.1946 1.2298
December 1.2761 1.2311 1.2556