2017 FKP to MKD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2017.
2017 FKP to MKD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2017
During 2017, the FKP to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on April 18, valuing the pair at 73.7078. Conversely, the yearly low was recorded on August 29, dropping to 66.3679.
This high-to-low spread represents a total annual volatility of 7.3399 MKD. From a start-to-finish perspective, comparing the January average rate of 71.4617 to the December average rate of 69.6890, the exchange rate registered a net change of -2.48% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2017 high of 73.7078 was down 12.14% compared to the 2016 peak of 83.8890, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 FKP based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2017.
FKP to MKD Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 71.6266, compared to 69.0207 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 2.6059 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2017 was September, with a trading range of 3.3612 MKD (High: 70.2697 / Low: 66.9086). On the other end, December was the most stable month, with a tight range of 1.3172 MKD (High: 70.5122 / Low: 69.1950).
Growth Streaks & Declines
TrendsBetween August and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 1.8838 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (April 2017: 72.6822) against the same month in 2016 (average: 77.8541), the exchange rate shifted by -5.1719 (-6.64%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 72.6320 | 69.6876 | 71.4617 |
| February | 73.0390 | 71.3046 | 72.2251 |
| March | 72.5129 | 70.4728 | 71.1875 |
| April | 73.7078 | 71.9248 | 72.6822 |
| May | 73.2517 | 70.5176 | 71.9368 |
| June | 71.3173 | 69.6674 | 70.2663 |
| July | 70.5055 | 68.5803 | 69.5007 |
| August | 69.0158 | 66.3679 | 67.6170 |
| September | 70.2697 | 66.9086 | 68.8288 |
| October | 70.2193 | 68.3574 | 69.1615 |
| November | 70.2242 | 68.7588 | 69.3270 |
| December | 70.5122 | 69.1950 | 69.6890 |