YEARLY HIGH
89.9882 MKD
YEARLY LOW
86.8401 MKD
YEARLY AVERAGE
88.0359 MKD

2016 LVL to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the LVL to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 22, valuing the pair at 89.9882. Conversely, the yearly low was recorded on December 29, dropping to 86.8401.

This high-to-low spread represents a total annual volatility of 3.1481 MKD. From a start-to-finish perspective, comparing the January average rate of 88.8933 to the December average rate of 87.5406, the exchange rate registered a net change of -1.52% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 89.9882 was up 0.85% compared to the 2015 peak of 89.2261, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 449,941 MKD
2015 Average 438,921 MKD
Yearly Trough Low 434,200 MKD
Transaction Impact: A difference of 15,740.66 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

89.0286
87.4053
JanuMarcMayJulySeptNove

LVL 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 88.0972, compared to 87.9746 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1226 points.

H1 Avg (Jan–Jun) 88.0972
H2 Avg (Jul–Dec) 87.9746

Volatility Range Comparison

Volatility

The most volatile month in 2016 was November, with a trading range of 2.0185 MKD (High: 89.3812 / Low: 87.3627). On the other end, September was the most stable month, with a tight range of 0.4538 MKD (High: 88.1378 / Low: 87.6840).

November Spread (Volatile) ±2.0185
September Spread (Stable) ±0.4538

Growth Streaks & Declines

Trends

Between August and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.7026 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.7026

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2016: 88.8933) against the same month in 2015 (average: 87.0589), the exchange rate shifted by +1.8344 (+2.11%).

2016 Avg (January) 88.8933
2015 Avg (January) 87.0589

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 89.9882 88.4399 88.8933
February 88.8310 87.5751 88.1907
March 88.8594 87.4626 88.0914
April 88.9399 87.4005 87.7753
May 88.9164 87.2646 87.8426
June 88.5016 87.2655 87.7898
July 88.4182 87.4637 88.1272
August 88.4104 87.4010 87.8876
September 88.1378 87.6840 87.9007
October 88.7239 87.7258 88.2826
November 89.3812 87.3627 88.1089
December 88.0479 86.8401 87.5406