YEARLY HIGH
0.9753 MKD
YEARLY LOW
0.6836 MKD
YEARLY AVERAGE
0.8347 MKD

2016 RUB to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the RUB to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 28, valuing the pair at 0.9753. Conversely, the yearly low was recorded on February 11, dropping to 0.6836.

This high-to-low spread represents a total annual volatility of 0.2917 MKD. From a start-to-finish perspective, comparing the January average rate of 0.7410 to the December average rate of 0.9416, the exchange rate registered a net change of 27.08% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.9753 was down 15.19% compared to the 2015 peak of 1.1500, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 RUB based on timing:

Yearly Peak High 4,876 MKD
2015 Average 4,574 MKD
Yearly Trough Low 3,418 MKD
Transaction Impact: A difference of 1,458.44 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.9639
0.6963
JanuMarcMayJulySeptNove

RUB to MKD 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 0.7899, compared to 0.8795 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0896 points.

H1 Avg (Jan–Jun) 0.7899
H2 Avg (Jul–Dec) 0.8795

Volatility Range Comparison

Volatility

The most volatile month in 2016 was January, with a trading range of 0.0900 MKD (High: 0.7791 / Low: 0.6892). On the other end, September was the most stable month, with a tight range of 0.0332 MKD (High: 0.8702 / Low: 0.8370).

January Spread (Volatile) ±0.0900
September Spread (Stable) ±0.0332

Growth Streaks & Declines

Trends

Between February and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0223 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0223

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2016: 0.9416) against the same month in 2015 (average: 0.8064), the exchange rate shifted by +0.1352 (+16.77%).

2016 Avg (December) 0.9416
2015 Avg (December) 0.8064

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.7791 0.6892 0.7410
February 0.7501 0.6836 0.7186
March 0.8119 0.7676 0.7920
April 0.8460 0.7900 0.8176
May 0.8420 0.8056 0.8282
June 0.8667 0.8236 0.8418
July 0.8841 0.8335 0.8638
August 0.8582 0.8229 0.8469
September 0.8702 0.8370 0.8518
October 0.9085 0.8702 0.8900
November 0.9075 0.8608 0.8829
December 0.9753 0.8978 0.9416