YEARLY HIGH
0.0657 MKD
YEARLY LOW
0.0569 MKD
YEARLY AVERAGE
0.0607 MKD

2017 KPW to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the KPW to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 0.0657. Conversely, the yearly low was recorded on September 10, dropping to 0.0569.

This high-to-low spread represents a total annual volatility of 0.0088 MKD. From a start-to-finish perspective, comparing the January average rate of 0.0643 to the December average rate of 0.0578, the exchange rate registered a net change of -10.18% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.0657 was down 0.29% compared to the 2016 peak of 0.0659, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 328 MKD
2016 Average 309 MKD
Yearly Trough Low 284 MKD
Transaction Impact: A difference of 44.06 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.0650
0.0567
JanuMarcMayJulySeptNove

KPW 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 0.0632, compared to 0.0582 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0051 points.

H1 Avg (Jan–Jun) 0.0632
H2 Avg (Jul–Dec) 0.0582

Volatility Range Comparison

Volatility

The most volatile month in 2017 was January, with a trading range of 0.0023 MKD (High: 0.0657 / Low: 0.0633). On the other end, October was the most stable month, with a tight range of 0.0013 MKD (High: 0.0589 / Low: 0.0577).

January Spread (Volatile) ±0.0023
October Spread (Stable) ±0.0013

Growth Streaks & Declines

Trends

Between September and November, 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 April and May, when the average rate fell by 0.0020 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0020

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2017: 0.0643) against the same month in 2016 (average: 0.0630), the exchange rate shifted by +0.0013 (+2.13%).

2017 Avg (January) 0.0643
2016 Avg (January) 0.0630

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0657 0.0633 0.0643
February 0.0649 0.0635 0.0643
March 0.0651 0.0633 0.0641
April 0.0646 0.0625 0.0639
May 0.0630 0.0609 0.0619
June 0.0614 0.0600 0.0610
July 0.0604 0.0581 0.0594
August 0.0584 0.0571 0.0580
September 0.0583 0.0569 0.0574
October 0.0589 0.0577 0.0582
November 0.0590 0.0573 0.0583
December 0.0583 0.0570 0.0578