YEARLY HIGH
0.0255 AUD
YEARLY LOW
0.0223 AUD
YEARLY AVERAGE
0.0239 AUD

2017 MKD to AUD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the MKD to AUD exchange rate experienced significant fluctuation. The market reached its absolute peak on November 30, valuing the pair at 0.0255. Conversely, the yearly low was recorded on February 22, dropping to 0.0223.

This high-to-low spread represents a total annual volatility of 0.0033 AUD. From a start-to-finish perspective, comparing the January average rate of 0.0232 to the December average rate of 0.0251, the exchange rate registered a net change of 8.48% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.0255 was down 1.24% compared to the 2016 peak of 0.0259, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 128 AUD
2016 Average 121 AUD
Yearly Trough Low 111 AUD
Transaction Impact: A difference of 16.36 AUD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.0254
0.0223
JanuMarcMayJulySeptNove

MKD to AUD 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 0.0233, compared to 0.0245 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0012 points.

H1 Avg (Jan–Jun) 0.0233
H2 Avg (Jul–Dec) 0.0245

Volatility Range Comparison

Volatility

The most volatile month in 2017 was May, with a trading range of 0.0011 AUD (High: 0.0246 / Low: 0.0235). On the other end, September was the most stable month, with a tight range of 0.0004 AUD (High: 0.0245 / Low: 0.0241).

May Spread (Volatile) ±0.0011
September Spread (Stable) ±0.0004

Growth Streaks & Declines

Trends

Between July and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0006 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0006

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2017: 0.0250) against the same month in 2016 (average: 0.0233), the exchange rate shifted by +0.0017 (+7.25%).

2017 Avg (November) 0.0250
2016 Avg (November) 0.0233

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0238 0.0229 0.0232
February 0.0231 0.0223 0.0225
March 0.0230 0.0223 0.0227
April 0.0237 0.0227 0.0231
May 0.0246 0.0235 0.0242
June 0.0247 0.0237 0.0241
July 0.0244 0.0235 0.0240
August 0.0245 0.0240 0.0242
September 0.0245 0.0241 0.0243
October 0.0249 0.0243 0.0245
November 0.0255 0.0245 0.0250
December 0.0255 0.0249 0.0251