YEARLY HIGH
106.6939 PYG
YEARLY LOW
96.9443 PYG
YEARLY AVERAGE
102.0109 PYG

2016 MKD to PYG Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the MKD to PYG exchange rate experienced significant fluctuation. The market reached its absolute peak on February 4, valuing the pair at 106.6939. Conversely, the yearly low was recorded on December 20, dropping to 96.9443.

This high-to-low spread represents a total annual volatility of 9.7496 PYG. From a start-to-finish perspective, comparing the January average rate of 104.0151 to the December average rate of 99.1938, the exchange rate registered a net change of -4.64% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 106.6939 was up 1.41% compared to the 2015 peak of 105.2084, 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 533,470 PYG
2015 Average 469,547 PYG
Yearly Trough Low 484,722 PYG
Transaction Impact: A difference of 48,748.10 PYG purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

105.1163
98.6554
JanuMarcMayJulySeptNove

MKD to PYG 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 103.4119, compared to 100.6100 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 2.8019 points.

H1 Avg (Jan–Jun) 103.4119
H2 Avg (Jul–Dec) 100.6100

Volatility Range Comparison

Volatility

The most volatile month in 2016 was February, with a trading range of 5.4214 PYG (High: 106.6939 / Low: 101.2726). On the other end, September was the most stable month, with a tight range of 1.6626 PYG (High: 101.9786 / Low: 100.3160).

February Spread (Volatile) ±5.4214
September Spread (Stable) ±1.6626

Growth Streaks & Declines

Trends

Between April and June, 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 June and July, when the average rate fell by 2.6793 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -2.6793

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2016: 104.5779) against the same month in 2015 (average: 87.9144), the exchange rate shifted by +16.6635 (+18.95%).

2016 Avg (February) 104.5779
2015 Avg (February) 87.9144

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 105.1263 102.2594 104.0151
February 106.6939 101.2726 104.5779
March 104.5803 100.6835 103.0047
April 103.9096 100.9833 102.5076
May 104.0694 101.7753 103.0294
June 104.7716 101.2333 103.3364
July 101.8713 99.5844 100.6571
August 102.0506 99.5329 100.7403
September 101.9786 100.3160 101.1187
October 101.8120 99.8413 100.7445
November 103.4290 99.4841 101.2053
December 101.7407 96.9443 99.1938