YEARLY HIGH
0.0044 MKD
YEARLY LOW
0.0038 MKD
YEARLY AVERAGE
0.0041 MKD

2017 IDR to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the IDR to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 2, valuing the pair at 0.0044. Conversely, the yearly low was recorded on December 30, dropping to 0.0038.

This high-to-low spread represents a total annual volatility of 0.0006 MKD. From a start-to-finish perspective, comparing the January average rate of 0.0043 to the December average rate of 0.0038, the exchange rate registered a net change of -11.40% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.0044 was down 0.82% compared to the 2016 peak of 0.0044, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 10,000,000 IDR based on timing:

Yearly Peak High 43,853 MKD
2016 Average 41,840 MKD
Yearly Trough Low 37,808 MKD
Transaction Impact: A difference of 6,044.64 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.0044
0.0038
JanuMarcMayJulySeptNove

IDR 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 0.0043, compared to 0.0039 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0004 points.

H1 Avg (Jan–Jun) 0.0043
H2 Avg (Jul–Dec) 0.0039

Volatility Range Comparison

Volatility

The most volatile month in 2017 was May, with a trading range of 0.0001 MKD (High: 0.0042 / Low: 0.0041). On the other end, October was the most stable month, with a tight range of 0.0001 MKD (High: 0.0039 / Low: 0.0038).

May Spread (Volatile) ±0.0001
October Spread (Stable) ±0.0001

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 0.0001 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2017: 0.0043) against the same month in 2016 (average: 0.0042), the exchange rate shifted by +0.0001 (+2.87%).

2017 Avg (March) 0.0043
2016 Avg (March) 0.0042

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0044 0.0043 0.0043
February 0.0044 0.0043 0.0043
March 0.0044 0.0043 0.0043
April 0.0044 0.0042 0.0043
May 0.0042 0.0041 0.0042
June 0.0042 0.0040 0.0041
July 0.0041 0.0039 0.0040
August 0.0039 0.0039 0.0039
September 0.0039 0.0038 0.0039
October 0.0039 0.0038 0.0039
November 0.0039 0.0038 0.0039
December 0.0039 0.0038 0.0038