YEARLY HIGH
1.8518 MKD
YEARLY LOW
1.6399 MKD
YEARLY AVERAGE
1.7258 MKD

2016 TWD to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the TWD to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 20, valuing the pair at 1.8518. Conversely, the yearly low was recorded on February 9, dropping to 1.6399.

This high-to-low spread represents a total annual volatility of 0.2120 MKD. From a start-to-finish perspective, comparing the January average rate of 1.6952 to the December average rate of 1.8241, the exchange rate registered a net change of 7.61% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 1.8518 was up 0.10% compared to the 2015 peak of 1.8501, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 9,259 MKD
2015 Average 8,726 MKD
Yearly Trough Low 8,199 MKD
Transaction Impact: A difference of 1,059.87 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

1.8398
1.6516
JanuMarcMayJulySeptNove

TWD 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 1.6849, compared to 1.7667 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0818 points.

H1 Avg (Jan–Jun) 1.6849
H2 Avg (Jul–Dec) 1.7667

Volatility Range Comparison

Volatility

The most volatile month in 2016 was November, with a trading range of 0.0696 MKD (High: 1.8264 / Low: 1.7568). On the other end, September was the most stable month, with a tight range of 0.0337 MKD (High: 1.7587 / Low: 1.7250).

November Spread (Volatile) ±0.0696
September Spread (Stable) ±0.0337

Growth Streaks & Declines

Trends

Between May and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0279 points.

Longest Streak 7 Mo.
Sharpest MoM Drop -0.0279

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2016: 1.8241) against the same month in 2015 (average: 1.7189), the exchange rate shifted by +0.1052 (+6.12%).

2016 Avg (December) 1.8241
2015 Avg (December) 1.7189

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.7239 1.6790 1.6952
February 1.6980 1.6399 1.6672
March 1.7148 1.6776 1.6943
April 1.6999 1.6659 1.6826
May 1.7014 1.6576 1.6772
June 1.7177 1.6786 1.6929
July 1.7493 1.7121 1.7317
August 1.7702 1.7094 1.7406
September 1.7587 1.7250 1.7439
October 1.7889 1.7461 1.7655
November 1.8264 1.7568 1.7945
December 1.8518 1.7912 1.8241