YEARLY HIGH
0.1496 SBD
YEARLY LOW
0.1312 SBD
YEARLY AVERAGE
0.1423 SBD

2016 MKD to SBD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the MKD to SBD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 11, valuing the pair at 0.1496. Conversely, the yearly low was recorded on December 19, dropping to 0.1312.

This high-to-low spread represents a total annual volatility of 0.0184 SBD. From a start-to-finish perspective, comparing the January average rate of 0.1437 to the December average rate of 0.1352, the exchange rate registered a net change of -5.93% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.1496 was down 1.21% compared to the 2015 peak of 0.1514, 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 748 SBD
2015 Average 709 SBD
Yearly Trough Low 656 SBD
Transaction Impact: A difference of 91.76 SBD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.1476
0.1340
JanuMarcMayJulySeptNove

MKD to SBD 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 0.1442, compared to 0.1403 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0039 points.

H1 Avg (Jan–Jun) 0.1442
H2 Avg (Jul–Dec) 0.1403

Volatility Range Comparison

Volatility

The most volatile month in 2016 was December, with a trading range of 0.0081 SBD (High: 0.1393 / Low: 0.1312). On the other end, July was the most stable month, with a tight range of 0.0024 SBD (High: 0.1434 / Low: 0.1410).

December Spread (Volatile) ±0.0081
July Spread (Stable) ±0.0024

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 0.0036 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0036

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2016: 0.1465) against the same month in 2015 (average: 0.1423), the exchange rate shifted by +0.0042 (+2.93%).

2016 Avg (February) 0.1465
2015 Avg (February) 0.1423

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1457 0.1414 0.1437
February 0.1496 0.1438 0.1465
March 0.1462 0.1422 0.1441
April 0.1472 0.1436 0.1457
May 0.1453 0.1408 0.1429
June 0.1442 0.1398 0.1425
July 0.1434 0.1410 0.1420
August 0.1442 0.1409 0.1424
September 0.1444 0.1416 0.1427
October 0.1427 0.1389 0.1407
November 0.1424 0.1363 0.1388
December 0.1393 0.1312 0.1352