2017 KWD to MKD Historical Review

YEARLY HIGH

192.9689 MKD

YEARLY LOW

169.8748 MKD

YEARLY AVERAGE

180.0672 MKD

2017 KWD to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the KWD to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 192.9689. Conversely, the yearly low was recorded on September 7, dropping to 169.8748.

This high-to-low spread represents a total annual volatility of 23.0940 MKD. From a start-to-finish perspective, comparing the January average rate of 189.4631 to the December average rate of 172.1757, the exchange rate registered a net change of -9.12% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 192.9689 was down 0.32% compared to the 2016 peak of 193.5845, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 964,844 MKD

2016 Average 920,658 MKD

Yearly Trough Low 849,374 MKD

Transaction Impact: A difference of 115,470.22 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

191.4764

169.6440

JanuMarcMayJulySeptNove

KWD 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 186.8327, compared to 173.3017 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 13.5310 points.

H1 Avg (Jan–Jun) 186.8327

H2 Avg (Jul–Dec) 173.3017

Volatility Range Comparison

Volatility

The most volatile month in 2017 was April, with a trading range of 6.8769 MKD (High: 191.6649 / Low: 184.7880). On the other end, December was the most stable month, with a tight range of 3.5111 MKD (High: 173.5355 / Low: 170.0244).

April Spread (Volatile) ±6.8769

December Spread (Stable) ±3.5111

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 5.6912 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -5.6912

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2017: 189.4631) against the same month in 2016 (average: 186.3876), the exchange rate shifted by +3.0755 (+1.65%).

2017 Avg (January) 189.4631

2016 Avg (January) 186.3876

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	192.9689	186.9050	189.4631
February	191.2456	187.1880	189.6570
March	191.7038	186.8069	188.9975
April	191.6649	184.7880	188.8120
May	186.2113	180.4905	183.1208
June	182.2825	177.8879	180.9458
July	179.1355	173.1622	176.4377
August	174.0701	170.5356	172.8668
September	173.6620	169.8748	171.4634
October	175.2738	171.6698	173.3714
November	175.7787	170.9137	173.4954
December	173.5355	170.0244	172.1757