YEARLY HIGH
0.6477 MKD
YEARLY LOW
0.4084 MKD
YEARLY AVERAGE
0.5334 MKD

2017 LRD to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the LRD to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 0.6477. Conversely, the yearly low was recorded on December 30, dropping to 0.4084.

This high-to-low spread represents a total annual volatility of 0.2393 MKD. From a start-to-finish perspective, comparing the January average rate of 0.6182 to the December average rate of 0.4143, the exchange rate registered a net change of -32.99% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.6477 was down 3.98% compared to the 2016 peak of 0.6745, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,238 MKD
2016 Average 3,118 MKD
Yearly Trough Low 2,042 MKD
Transaction Impact: A difference of 1,196.38 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.6386
0.3939
JanuMarcMayJulySeptNove

LRD 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 0.6055, compared to 0.4613 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1441 points.

H1 Avg (Jan–Jun) 0.6055
H2 Avg (Jul–Dec) 0.4613

Volatility Range Comparison

Volatility

The most volatile month in 2017 was August, with a trading range of 0.1337 MKD (High: 0.5799 / Low: 0.4462). On the other end, October was the most stable month, with a tight range of 0.0078 MKD (High: 0.4463 / Low: 0.4386).

August Spread (Volatile) ±0.1337
October Spread (Stable) ±0.0078

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2017. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.1093 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.1093

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2017: 0.6182) against the same month in 2016 (average: 0.6624), the exchange rate shifted by -0.0442 (-6.67%).

2017 Avg (January) 0.6182
2016 Avg (January) 0.6624

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.6477 0.6031 0.6182
February 0.6215 0.6076 0.6143
March 0.6237 0.6003 0.6139
April 0.6174 0.5952 0.6104
May 0.6092 0.5798 0.5914
June 0.5920 0.5771 0.5846
July 0.5877 0.5615 0.5762
August 0.5799 0.4462 0.4668
September 0.4512 0.4373 0.4421
October 0.4463 0.4386 0.4427
November 0.4442 0.4124 0.4258
December 0.4180 0.4084 0.4143