YEARLY HIGH
0.1867 MKD
YEARLY LOW
0.1504 MKD
YEARLY AVERAGE
0.1678 MKD

2017 KZT to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the KZT to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 27, valuing the pair at 0.1867. Conversely, the yearly low was recorded on September 19, dropping to 0.1504.

This high-to-low spread represents a total annual volatility of 0.0363 MKD. From a start-to-finish perspective, comparing the January average rate of 0.1748 to the December average rate of 0.1557, the exchange rate registered a net change of -10.94% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.1867 was up 4.89% compared to the 2016 peak of 0.1780, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 933 MKD
2016 Average 815 MKD
Yearly Trough Low 752 MKD
Transaction Impact: A difference of 181.30 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.1869
0.1489
JanuMarcMayJulySeptNove

KZT 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 0.1786, compared to 0.1570 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0216 points.

H1 Avg (Jan–Jun) 0.1786
H2 Avg (Jul–Dec) 0.1570

Volatility Range Comparison

Volatility

The most volatile month in 2017 was February, with a trading range of 0.0114 MKD (High: 0.1867 / Low: 0.1753). On the other end, December was the most stable month, with a tight range of 0.0024 MKD (High: 0.1566 / Low: 0.1543).

February Spread (Volatile) ±0.0114
December Spread (Stable) ±0.0024

Growth Streaks & Declines

Trends

Between January and April, 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 0.0080 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0080

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2017: 0.1809) against the same month in 2016 (average: 0.1548), the exchange rate shifted by +0.0261 (+16.85%).

2017 Avg (February) 0.1809
2016 Avg (February) 0.1548

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1775 0.1732 0.1748
February 0.1867 0.1753 0.1809
March 0.1864 0.1797 0.1825
April 0.1863 0.1788 0.1837
May 0.1794 0.1754 0.1774
June 0.1755 0.1679 0.1724
July 0.1679 0.1601 0.1644
August 0.1589 0.1531 0.1567
September 0.1541 0.1504 0.1520
October 0.1586 0.1517 0.1555
November 0.1594 0.1557 0.1578
December 0.1566 0.1543 0.1557