YEARLY HIGH
7.6220 MKD
YEARLY LOW
6.6866 MKD
YEARLY AVERAGE
7.0328 MKD

2016 SBD to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the SBD to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 19, valuing the pair at 7.6220. Conversely, the yearly low was recorded on February 11, dropping to 6.6866.

This high-to-low spread represents a total annual volatility of 0.9353 MKD. From a start-to-finish perspective, comparing the January average rate of 6.9596 to the December average rate of 7.4001, the exchange rate registered a net change of 6.33% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 7.6220 was up 1.30% compared to the 2015 peak of 7.5239, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 38,110 MKD
2015 Average 35,272 MKD
Yearly Trough Low 33,433 MKD
Transaction Impact: A difference of 4,676.68 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

7.4575
6.7694
JanuMarcMayJulySeptNove

SBD 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 6.9344, compared to 7.1311 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1968 points.

H1 Avg (Jan–Jun) 6.9344
H2 Avg (Jul–Dec) 7.1311

Volatility Range Comparison

Volatility

The most volatile month in 2016 was December, with a trading range of 0.4420 MKD (High: 7.6220 / Low: 7.1799). On the other end, July was the most stable month, with a tight range of 0.1169 MKD (High: 7.0921 / Low: 6.9753).

December Spread (Volatile) ±0.4420
July Spread (Stable) ±0.1169

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 January and February, when the average rate fell by 0.1329 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.1329

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2016: 7.4001) against the same month in 2015 (average: 6.9713), the exchange rate shifted by +0.4288 (+6.15%).

2016 Avg (December) 7.4001
2015 Avg (December) 6.9713

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 7.0699 6.8652 6.9596
February 6.9550 6.6866 6.8267
March 7.0311 6.8418 6.9400
April 6.9644 6.7940 6.8636
May 7.1036 6.8805 7.0003
June 7.1535 6.9325 7.0160
July 7.0921 6.9753 7.0430
August 7.0977 6.9335 7.0211
September 7.0599 6.9248 7.0081
October 7.1988 7.0067 7.1074
November 7.3368 7.0244 7.2071
December 7.6220 7.1799 7.4001