YEARLY HIGH
1.6388 BDT
YEARLY LOW
1.3361 BDT
YEARLY AVERAGE
1.4898 BDT

2017 MKD to BDT Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the MKD to BDT exchange rate experienced significant fluctuation. The market reached its absolute peak on November 28, valuing the pair at 1.6388. Conversely, the yearly low was recorded on January 3, dropping to 1.3361.

This high-to-low spread represents a total annual volatility of 0.3028 BDT. From a start-to-finish perspective, comparing the January average rate of 1.3698 to the December average rate of 1.5918, the exchange rate registered a net change of 16.21% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 1.6388 was up 12.24% compared to the 2016 peak of 1.4602, 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 8,194 BDT
2016 Average 7,060 BDT
Yearly Trough Low 6,680 BDT
Transaction Impact: A difference of 1,513.88 BDT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

1.6140
1.3476
JanuMarcMayJulySeptNove

MKD to BDT 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 1.4141, compared to 1.5655 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1514 points.

H1 Avg (Jan–Jun) 1.4141
H2 Avg (Jul–Dec) 1.5655

Volatility Range Comparison

Volatility

The most volatile month in 2017 was November, with a trading range of 0.1166 BDT (High: 1.6388 / Low: 1.5222). On the other end, June was the most stable month, with a tight range of 0.0302 BDT (High: 1.4910 / Low: 1.4607).

November Spread (Volatile) ±0.1166
June Spread (Stable) ±0.0302

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 0.0098 points.

Longest Streak 8 Mo.
Sharpest MoM Drop -0.0098

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2017: 1.5866) against the same month in 2016 (average: 1.3840), the exchange rate shifted by +0.2026 (+14.64%).

2017 Avg (November) 1.5866
2016 Avg (November) 1.3840

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.3912 1.3361 1.3698
February 1.3971 1.3603 1.3804
March 1.4155 1.3635 1.3894
April 1.4909 1.3844 1.4192
May 1.4728 1.4312 1.4568
June 1.4910 1.4607 1.4689
July 1.5430 1.4852 1.5131
August 1.5907 1.5316 1.5514
September 1.6024 1.5456 1.5798
October 1.5904 1.5377 1.5700
November 1.6388 1.5222 1.5866
December 1.6151 1.5709 1.5918