YEARLY HIGH
0.6098 TWD
YEARLY LOW
0.5400 TWD
YEARLY AVERAGE
0.5799 TWD

2016 MKD to TWD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the MKD to TWD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 9, valuing the pair at 0.6098. Conversely, the yearly low was recorded on December 20, dropping to 0.5400.

This high-to-low spread represents a total annual volatility of 0.0698 TWD. From a start-to-finish perspective, comparing the January average rate of 0.5899 to the December average rate of 0.5483, the exchange rate registered a net change of -7.07% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.6098 was down 3.57% compared to the 2015 peak of 0.6324, 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 3,049 TWD
2015 Average 2,869 TWD
Yearly Trough Low 2,700 TWD
Transaction Impact: A difference of 349.02 TWD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.6050
0.5431
JanuMarcMayJulySeptNove

MKD to TWD 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 0.5936, compared to 0.5663 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0273 points.

H1 Avg (Jan–Jun) 0.5936
H2 Avg (Jul–Dec) 0.5663

Volatility Range Comparison

Volatility

The most volatile month in 2016 was November, with a trading range of 0.0217 TWD (High: 0.5692 / Low: 0.5475). On the other end, September was the most stable month, with a tight range of 0.0111 TWD (High: 0.5797 / Low: 0.5686).

November Spread (Volatile) ±0.0217
September Spread (Stable) ±0.0111

Growth Streaks & Declines

Trends

Between March and May, 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 0.0133 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0133

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2016: 0.5998) against the same month in 2015 (average: 0.5823), the exchange rate shifted by +0.0176 (+3.02%).

2016 Avg (February) 0.5998
2015 Avg (February) 0.5823

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.5956 0.5801 0.5899
February 0.6098 0.5889 0.5998
March 0.5961 0.5832 0.5903
April 0.6003 0.5883 0.5943
May 0.6033 0.5878 0.5963
June 0.5957 0.5822 0.5907
July 0.5841 0.5717 0.5775
August 0.5850 0.5649 0.5746
September 0.5797 0.5686 0.5735
October 0.5727 0.5590 0.5665
November 0.5692 0.5475 0.5574
December 0.5583 0.5400 0.5483