YEARLY HIGH
0.3940 MKD
YEARLY LOW
0.3338 MKD
YEARLY AVERAGE
0.3585 MKD

2017 LKR to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the LKR to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 0.3940. Conversely, the yearly low was recorded on September 10, dropping to 0.3338.

This high-to-low spread represents a total annual volatility of 0.0602 MKD. From a start-to-finish perspective, comparing the January average rate of 0.3860 to the December average rate of 0.3394, the exchange rate registered a net change of -12.07% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.3940 was down 0.84% compared to the 2016 peak of 0.3974, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,970 MKD
2016 Average 1,904 MKD
Yearly Trough Low 1,669 MKD
Transaction Impact: A difference of 301.06 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.3908
0.3328
JanuMarcMayJulySeptNove

LKR 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 0.3754, compared to 0.3416 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0338 points.

H1 Avg (Jan–Jun) 0.3754
H2 Avg (Jul–Dec) 0.3416

Volatility Range Comparison

Volatility

The most volatile month in 2017 was March, with a trading range of 0.0142 MKD (High: 0.3887 / Low: 0.3745). On the other end, October was the most stable month, with a tight range of 0.0070 MKD (High: 0.3449 / Low: 0.3380).

March Spread (Volatile) ±0.0142
October Spread (Stable) ±0.0070

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 0.0126 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0126

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2017: 0.3860) against the same month in 2016 (average: 0.3934), the exchange rate shifted by -0.0075 (-1.90%).

2017 Avg (January) 0.3860
2016 Avg (January) 0.3934

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.3940 0.3802 0.3860
February 0.3872 0.3798 0.3833
March 0.3887 0.3745 0.3806
April 0.3830 0.3697 0.3779
May 0.3712 0.3589 0.3653
June 0.3616 0.3522 0.3592
July 0.3541 0.3421 0.3484
August 0.3450 0.3362 0.3414
September 0.3427 0.3338 0.3376
October 0.3449 0.3380 0.3412
November 0.3465 0.3358 0.3415
December 0.3425 0.3343 0.3394