YEARLY HIGH
62.7167 MKD
YEARLY LOW
61.1799 MKD
YEARLY AVERAGE
61.6058 MKD

2017 EUR to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the EUR to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on June 29, valuing the pair at 62.7167. Conversely, the yearly low was recorded on January 2, dropping to 61.1799.

This high-to-low spread represents a total annual volatility of 1.5368 MKD. From a start-to-finish perspective, comparing the January average rate of 61.5334 to the December average rate of 61.5614, the exchange rate registered a net change of 0.05% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 62.7167 was down 0.46% compared to the 2016 peak of 63.0047, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 313,584 MKD
2016 Average 307,859 MKD
Yearly Trough Low 305,899 MKD
Transaction Impact: A difference of 7,684.23 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

61.7118
61.5172
JanuMarcMayJulySeptNove

EUR 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 61.6126, compared to 61.5991 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0136 points.

H1 Avg (Jan–Jun) 61.6126
H2 Avg (Jul–Dec) 61.5991

Volatility Range Comparison

Volatility

The most volatile month in 2017 was June, with a trading range of 1.2060 MKD (High: 62.7167 / Low: 61.5107). On the other end, September was the most stable month, with a tight range of 0.2093 MKD (High: 61.6928 / Low: 61.4835).

June Spread (Volatile) ±1.2060
September Spread (Stable) ±0.2093

Growth Streaks & Declines

Trends

Between January and March, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.1128 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.1128

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2017: 61.6622) against the same month in 2016 (average: 61.5765), the exchange rate shifted by +0.0857 (+0.14%).

2017 Avg (June) 61.6622
2016 Avg (June) 61.5765

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 61.7204 61.1799 61.5334
February 61.7748 61.4957 61.5947
March 62.1445 61.5079 61.6956
April 62.4205 61.4645 61.6141
May 61.8657 61.3101 61.5758
June 62.7167 61.5107 61.6622
July 62.0439 61.4151 61.6235
August 62.0866 61.4768 61.6863
September 61.6928 61.4835 61.5735
October 61.7761 61.4268 61.5718
November 61.6784 61.3304 61.5779
December 61.6484 61.3862 61.5614