YEARLY HIGH
0.0351 AWG
YEARLY LOW
0.0303 AWG
YEARLY AVERAGE
0.0329 AWG

2017 MKD to AWG Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the MKD to AWG exchange rate experienced significant fluctuation. The market reached its absolute peak on September 8, valuing the pair at 0.0351. Conversely, the yearly low was recorded on January 3, dropping to 0.0303.

This high-to-low spread represents a total annual volatility of 0.0048 AWG. From a start-to-finish perspective, comparing the January average rate of 0.0311 to the December average rate of 0.0344, the exchange rate registered a net change of 10.69% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.0351 was up 5.06% compared to the 2016 peak of 0.0334, 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 176 AWG
2016 Average 161 AWG
Yearly Trough Low 152 AWG
Transaction Impact: A difference of 23.84 AWG purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.0351
0.0307
JanuMarcMayJulySeptNove

MKD to AWG 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 0.0316, compared to 0.0342 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0026 points.

H1 Avg (Jan–Jun) 0.0316
H2 Avg (Jul–Dec) 0.0342

Volatility Range Comparison

Volatility

The most volatile month in 2017 was July, with a trading range of 0.0013 AWG (High: 0.0344 / Low: 0.0330). On the other end, February was the most stable month, with a tight range of 0.0007 AWG (High: 0.0315 / Low: 0.0308).

July Spread (Volatile) ±0.0013
February Spread (Stable) ±0.0007

Growth Streaks & Declines

Trends

Between January and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0006 points.

Longest Streak 8 Mo.
Sharpest MoM Drop -0.0006

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2017: 0.0347) against the same month in 2016 (average: 0.0326), the exchange rate shifted by +0.0021 (+6.51%).

2017 Avg (September) 0.0347
2016 Avg (September) 0.0326

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0316 0.0303 0.0311
February 0.0315 0.0308 0.0311
March 0.0316 0.0307 0.0312
April 0.0320 0.0310 0.0313
May 0.0329 0.0318 0.0323
June 0.0333 0.0325 0.0327
July 0.0344 0.0330 0.0336
August 0.0350 0.0340 0.0343
September 0.0351 0.0342 0.0347
October 0.0345 0.0337 0.0342
November 0.0346 0.0336 0.0341
December 0.0349 0.0341 0.0344