YEARLY HIGH
0.9363 MKD
YEARLY LOW
0.7380 MKD
YEARLY AVERAGE
0.7948 MKD

2017 KGS to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the KGS to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on August 18, valuing the pair at 0.9363. Conversely, the yearly low was recorded on December 30, dropping to 0.7380.

This high-to-low spread represents a total annual volatility of 0.1983 MKD. From a start-to-finish perspective, comparing the January average rate of 0.8346 to the December average rate of 0.7467, the exchange rate registered a net change of -10.53% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.9363 was up 9.53% compared to the 2016 peak of 0.8549, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 4,681 MKD
2016 Average 3,984 MKD
Yearly Trough Low 3,690 MKD
Transaction Impact: A difference of 991.55 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.8551
0.7369
JanuMarcMayJulySeptNove

KGS 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 0.8289, compared to 0.7607 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0681 points.

H1 Avg (Jan–Jun) 0.8289
H2 Avg (Jul–Dec) 0.7607

Volatility Range Comparison

Volatility

The most volatile month in 2017 was August, with a trading range of 0.1877 MKD (High: 0.9363 / Low: 0.7486). On the other end, April was the most stable month, with a tight range of 0.0136 MKD (High: 0.8510 / Low: 0.8374).

August Spread (Volatile) ±0.1877
April Spread (Stable) ±0.0136

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 June and July, when the average rate fell by 0.0291 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0291

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2017: 0.7691) against the same month in 2016 (average: 0.8008), the exchange rate shifted by -0.0317 (-3.96%).

2017 Avg (August) 0.7691
2016 Avg (August) 0.8008

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.8539 0.8235 0.8346
February 0.8455 0.8226 0.8359
March 0.8470 0.8223 0.8348
April 0.8510 0.8374 0.8453
May 0.8376 0.8051 0.8212
June 0.8073 0.7806 0.8015
July 0.7812 0.7614 0.7724
August 0.9363 0.7486 0.7691
September 0.7665 0.7465 0.7540
October 0.7736 0.7579 0.7648
November 0.7709 0.7403 0.7573
December 0.7520 0.7380 0.7467