YEARLY HIGH
415.8838 VND
YEARLY LOW
383.7426 VND
YEARLY AVERAGE
402.0915 VND

2016 MKD to VND Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the MKD to VND exchange rate experienced significant fluctuation. The market reached its absolute peak on May 4, valuing the pair at 415.8838. Conversely, the yearly low was recorded on December 20, dropping to 383.7426.

This high-to-low spread represents a total annual volatility of 32.1413 VND. From a start-to-finish perspective, comparing the January average rate of 395.2759 to the December average rate of 388.8834, the exchange rate registered a net change of -1.62% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 415.8838 was down 1.81% compared to the 2015 peak of 423.5378, 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 2,079,419 VND
2015 Average 1,977,971 VND
Yearly Trough Low 1,918,713 VND
Transaction Impact: A difference of 160,706.50 VND purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

411.9593
386.7856
JanuMarcMayJulySeptNove

MKD to VND 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 404.6208, compared to 399.5622 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 5.0586 points.

H1 Avg (Jan–Jun) 404.6208
H2 Avg (Jul–Dec) 399.5622

Volatility Range Comparison

Volatility

The most volatile month in 2016 was March, with a trading range of 17.4051 VND (High: 411.3377 / Low: 393.9326). On the other end, September was the most stable month, with a tight range of 3.7111 VND (High: 408.2446 / Low: 404.5334).

March Spread (Volatile) ±17.4051
September Spread (Stable) ±3.7111

Growth Streaks & Declines

Trends

Between January and April, 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 June and July, when the average rate fell by 6.4929 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -6.4929

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2016: 409.0581) against the same month in 2015 (average: 394.0245), the exchange rate shifted by +15.0336 (+3.82%).

2016 Avg (May) 409.0581
2015 Avg (May) 394.0245

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 398.0190 391.1950 395.2759
February 408.6322 393.3997 402.3622
March 411.3377 393.9326 403.1409
April 413.7798 406.3500 409.8615
May 415.8838 403.3131 409.0581
June 413.2713 399.6074 408.0263
July 405.0977 398.3149 401.5334
August 410.7420 401.2494 405.9705
September 408.2446 404.5334 406.2294
October 408.1624 394.8937 400.4761
November 403.8958 387.5345 394.2805
December 396.2225 383.7426 388.8834