YEARLY HIGH
0.2657 MKD
YEARLY LOW
0.2146 MKD
YEARLY AVERAGE
0.2325 MKD

2016 YER to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the YER to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 5, valuing the pair at 0.2657. Conversely, the yearly low was recorded on May 4, dropping to 0.2146.

This high-to-low spread represents a total annual volatility of 0.0511 MKD. From a start-to-finish perspective, comparing the January average rate of 0.2636 to the December average rate of 0.2334, the exchange rate registered a net change of -11.45% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.2657 was down 2.64% compared to the 2015 peak of 0.2729, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,329 MKD
2015 Average 1,289 MKD
Yearly Trough Low 1,073 MKD
Transaction Impact: A difference of 255.72 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.2681
0.2141
JanuMarcMayJulySeptNove

YER 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 0.2406, compared to 0.2243 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0163 points.

H1 Avg (Jan–Jun) 0.2406
H2 Avg (Jul–Dec) 0.2243

Volatility Range Comparison

Volatility

The most volatile month in 2016 was April, with a trading range of 0.0374 MKD (High: 0.2533 / Low: 0.2159). On the other end, September was the most stable month, with a tight range of 0.0017 MKD (High: 0.2205 / Low: 0.2188).

April Spread (Volatile) ±0.0374
September Spread (Stable) ±0.0017

Growth Streaks & Declines

Trends

Between September and December, 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 March and April, when the average rate fell by 0.0302 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0302

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2016: 0.2636) against the same month in 2015 (average: 0.2446), the exchange rate shifted by +0.0189 (+7.74%).

2016 Avg (January) 0.2636
2015 Avg (January) 0.2446

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.2657 0.2621 0.2636
February 0.2631 0.2533 0.2580
March 0.2636 0.2523 0.2573
April 0.2533 0.2159 0.2271
May 0.2223 0.2146 0.2186
June 0.2238 0.2161 0.2193
July 0.2241 0.2203 0.2223
August 0.2227 0.2171 0.2197
September 0.2205 0.2188 0.2196
October 0.2260 0.2188 0.2229
November 0.2327 0.2212 0.2280
December 0.2368 0.2287 0.2334