YEARLY HIGH
1.2713 MKD
YEARLY LOW
1.0606 MKD
YEARLY AVERAGE
1.1549 MKD

2017 DOP to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the DOP to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 1.2713. Conversely, the yearly low was recorded on December 31, dropping to 1.0606.

This high-to-low spread represents a total annual volatility of 0.2107 MKD. From a start-to-finish perspective, comparing the January average rate of 1.2443 to the December average rate of 1.0760, the exchange rate registered a net change of -13.52% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 1.2713 was down 0.38% compared to the 2016 peak of 1.2761, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 6,356 MKD
2016 Average 6,054 MKD
Yearly Trough Low 5,303 MKD
Transaction Impact: A difference of 1,053.51 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

1.2611
1.0592
JanuMarcMayJulySeptNove

DOP 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 1.2106, compared to 1.0993 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1112 points.

H1 Avg (Jan–Jun) 1.2106
H2 Avg (Jul–Dec) 1.0993

Volatility Range Comparison

Volatility

The most volatile month in 2017 was March, with a trading range of 0.0484 MKD (High: 1.2494 / Low: 1.2009). On the other end, October was the most stable month, with a tight range of 0.0235 MKD (High: 1.1112 / Low: 1.0877).

March Spread (Volatile) ±0.0484
October Spread (Stable) ±0.0235

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2017. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0393 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0393

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2017: 1.2443) against the same month in 2016 (average: 1.2440), the exchange rate shifted by +0.0003 (+0.02%).

2017 Avg (January) 1.2443
2016 Avg (January) 1.2440

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.2713 1.2282 1.2443
February 1.2537 1.2193 1.2357
March 1.2494 1.2009 1.2250
April 1.2303 1.1911 1.2177
May 1.1985 1.1592 1.1784
June 1.1688 1.1433 1.1622
July 1.1512 1.1120 1.1308
August 1.1202 1.0876 1.1062
September 1.1114 1.0753 1.0910
October 1.1112 1.0877 1.0996
November 1.1070 1.0717 1.0923
December 1.0864 1.0606 1.0760