YEARLY HIGH
0.6565 MUR
YEARLY LOW
0.6072 MUR
YEARLY AVERAGE
0.6385 MUR

2016 MKD to MUR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the MKD to MUR exchange rate experienced significant fluctuation. The market reached its absolute peak on June 5, valuing the pair at 0.6565. Conversely, the yearly low was recorded on December 20, dropping to 0.6072.

This high-to-low spread represents a total annual volatility of 0.0493 MUR. From a start-to-finish perspective, comparing the January average rate of 0.6364 to the December average rate of 0.6155, the exchange rate registered a net change of -3.28% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.6565 was down 0.80% compared to the 2015 peak of 0.6618, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,283 MUR
2015 Average 3,167 MUR
Yearly Trough Low 3,036 MUR
Transaction Impact: A difference of 246.43 MUR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.6509
0.6123
JanuMarcMayJulySeptNove

MKD to MUR 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 0.6435, compared to 0.6335 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0101 points.

H1 Avg (Jan–Jun) 0.6435
H2 Avg (Jul–Dec) 0.6335

Volatility Range Comparison

Volatility

The most volatile month in 2016 was November, with a trading range of 0.0332 MUR (High: 0.6478 / Low: 0.6145). On the other end, September was the most stable month, with a tight range of 0.0079 MUR (High: 0.6467 / Low: 0.6388).

November Spread (Volatile) ±0.0332
September Spread (Stable) ±0.0079

Growth Streaks & Declines

Trends

Between July and September, 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 November and December, when the average rate fell by 0.0123 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0123

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2016: 0.6477) against the same month in 2015 (average: 0.6401), the exchange rate shifted by +0.0076 (+1.18%).

2016 Avg (June) 0.6477
2015 Avg (June) 0.6401

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.6412 0.6288 0.6364
February 0.6545 0.6350 0.6446
March 0.6516 0.6346 0.6432
April 0.6502 0.6390 0.6450
May 0.6564 0.6357 0.6444
June 0.6565 0.6377 0.6477
July 0.6420 0.6324 0.6371
August 0.6455 0.6311 0.6393
September 0.6467 0.6388 0.6424
October 0.6475 0.6313 0.6386
November 0.6478 0.6145 0.6278
December 0.6276 0.6072 0.6155