YEARLY HIGH
0.0518 MKD
YEARLY LOW
0.0451 MKD
YEARLY AVERAGE
0.0483 MKD

2017 KRW to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the KRW to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on April 2, valuing the pair at 0.0518. Conversely, the yearly low was recorded on September 10, dropping to 0.0451.

This high-to-low spread represents a total annual volatility of 0.0067 MKD. From a start-to-finish perspective, comparing the January average rate of 0.0490 to the December average rate of 0.0480, the exchange rate registered a net change of -2.00% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.0518 was up 3.00% compared to the 2016 peak of 0.0503, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 258,932 MKD
2016 Average 239,902 MKD
Yearly Trough Low 225,627 MKD
Transaction Impact: A difference of 33,305.41 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.0514
0.0451
JanuMarcMayJulySeptNove

KRW 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 0.0499, compared to 0.0468 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0031 points.

H1 Avg (Jan–Jun) 0.0499
H2 Avg (Jul–Dec) 0.0468

Volatility Range Comparison

Volatility

The most volatile month in 2017 was April, with a trading range of 0.0021 MKD (High: 0.0518 / Low: 0.0497). On the other end, December was the most stable month, with a tight range of 0.0006 MKD (High: 0.0483 / Low: 0.0477).

April Spread (Volatile) ±0.0021
December Spread (Stable) ±0.0006

Growth Streaks & Declines

Trends

Between September and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.0014 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0014

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2017: 0.0507) against the same month in 2016 (average: 0.0474), the exchange rate shifted by +0.0033 (+6.93%).

2017 Avg (April) 0.0507
2016 Avg (April) 0.0474

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0495 0.0483 0.0490
February 0.0516 0.0496 0.0507
March 0.0517 0.0502 0.0509
April 0.0518 0.0497 0.0507
May 0.0504 0.0489 0.0495
June 0.0490 0.0471 0.0486
July 0.0477 0.0466 0.0471
August 0.0465 0.0456 0.0461
September 0.0464 0.0451 0.0456
October 0.0472 0.0457 0.0462
November 0.0480 0.0468 0.0475
December 0.0483 0.0477 0.0480