YEARLY HIGH
0.0504 XCD
YEARLY LOW
0.0456 XCD
YEARLY AVERAGE
0.0486 XCD

2016 MKD to XCD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the MKD to XCD exchange rate experienced significant fluctuation. The market reached its absolute peak on May 4, valuing the pair at 0.0504. Conversely, the yearly low was recorded on December 20, dropping to 0.0456.

This high-to-low spread represents a total annual volatility of 0.0048 XCD. From a start-to-finish perspective, comparing the January average rate of 0.0477 to the December average rate of 0.0463, the exchange rate registered a net change of -2.92% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.0504 was down 5.64% compared to the 2015 peak of 0.0534, 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 252 XCD
2015 Average 244 XCD
Yearly Trough Low 228 XCD
Transaction Impact: A difference of 23.86 XCD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.0500
0.0459
JanuMarcMayJulySeptNove

MKD to XCD 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 0.0490, compared to 0.0482 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0008 points.

H1 Avg (Jan–Jun) 0.0490
H2 Avg (Jul–Dec) 0.0482

Volatility Range Comparison

Volatility

The most volatile month in 2016 was November, with a trading range of 0.0024 XCD (High: 0.0488 / Low: 0.0464). On the other end, September was the most stable month, with a tight range of 0.0004 XCD (High: 0.0493 / Low: 0.0490).

November Spread (Volatile) ±0.0024
September Spread (Stable) ±0.0004

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 November and December, when the average rate fell by 0.0011 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0011

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2016: 0.0495) against the same month in 2015 (average: 0.0490), the exchange rate shifted by +0.0005 (+1.11%).

2016 Avg (May) 0.0495
2015 Avg (May) 0.0490

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0479 0.0473 0.0477
February 0.0496 0.0478 0.0487
March 0.0498 0.0477 0.0488
April 0.0501 0.0493 0.0497
May 0.0504 0.0488 0.0495
June 0.0500 0.0485 0.0494
July 0.0490 0.0482 0.0486
August 0.0497 0.0485 0.0491
September 0.0493 0.0490 0.0491
October 0.0493 0.0477 0.0484
November 0.0488 0.0464 0.0474
December 0.0472 0.0456 0.0463