YEARLY HIGH
404.2452 STD
YEARLY LOW
379.1188 STD
YEARLY AVERAGE
397.9125 STD

2016 MKD to STD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the MKD to STD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 3, valuing the pair at 404.2452. Conversely, the yearly low was recorded on June 24, dropping to 379.1188.

This high-to-low spread represents a total annual volatility of 25.1263 STD. From a start-to-finish perspective, comparing the January average rate of 397.7195 to the December average rate of 398.6760, the exchange rate registered a net change of 0.24% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 404.2452 was down 1.13% compared to the 2015 peak of 408.8685, 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 2,021,226 STD
2015 Average 1,991,235 STD
Yearly Trough Low 1,895,594 STD
Transaction Impact: A difference of 125,631.60 STD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

399.4915
396.0492
JanuMarcMayJulySeptNove

MKD to STD 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 397.6385, compared to 398.1865 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.5480 points.

H1 Avg (Jan–Jun) 397.6385
H2 Avg (Jul–Dec) 398.1865

Volatility Range Comparison

Volatility

The most volatile month in 2016 was June, with a trading range of 22.1157 STD (High: 401.2345 / Low: 379.1188). On the other end, September was the most stable month, with a tight range of 3.2187 STD (High: 399.3834 / Low: 396.1646).

June Spread (Volatile) ±22.1157
September Spread (Stable) ±3.2187

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 March and April, when the average rate fell by 2.0632 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -2.0632

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2016: 399.2047) against the same month in 2015 (average: 398.4132), the exchange rate shifted by +0.7914 (+0.20%).

2016 Avg (February) 399.2047
2015 Avg (February) 398.4132

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 400.0277 396.6348 397.7195
February 404.2452 395.7875 399.2047
March 403.6232 396.7801 398.3993
April 398.7585 388.8446 396.3360
May 398.6980 388.4879 396.4859
June 401.2345 379.1188 397.6858
July 400.4163 396.1714 398.1748
August 399.9931 395.1189 397.9435
September 399.3834 396.1646 397.9267
October 400.3764 393.8063 398.1699
November 400.9358 395.6748 398.2281
December 400.8837 396.5815 398.6760