YEARLY HIGH
357.0118 BYR
YEARLY LOW
0.0171 BYR
YEARLY AVERAGE
105.0158 BYR

2017 MKD to BYR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the MKD to BYR exchange rate experienced significant fluctuation. The market reached its absolute peak on May 7, valuing the pair at 357.0118. Conversely, the yearly low was recorded on January 10, dropping to 0.0171.

This high-to-low spread represents a total annual volatility of 356.9946 BYR. From a start-to-finish perspective, comparing the January average rate of 267.6948 to the December average rate of 0.0192, the exchange rate registered a net change of -99.99% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 357.0118 was down 11.76% compared to the 2016 peak of 404.5937, 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 1,785,059 BYR
2016 Average 1,808,869 BYR
Yearly Trough Low 86 BYR
Transaction Impact: A difference of 1,784,973.05 BYR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

383.1225
-34.8095
JanuMarcMayJulySeptNove

MKD to BYR 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 210.0126, compared to 0.0191 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 209.9934 points.

H1 Avg (Jan–Jun) 210.0126
H2 Avg (Jul–Dec) 0.0191

Volatility Range Comparison

Volatility

The most volatile month in 2017 was May, with a trading range of 356.9940 BYR (High: 357.0118 / Low: 0.0178). On the other end, October was the most stable month, with a tight range of 0.0004 BYR (High: 0.0193 / Low: 0.0189).

May Spread (Volatile) ±356.9940
October Spread (Stable) ±0.0004

Growth Streaks & Declines

Trends

Between June and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 199.2759 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -199.2759

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2017: 149.0190) against the same month in 2016 (average: 356.7287), the exchange rate shifted by -207.7097 (-58.23%).

2017 Avg (May) 149.0190
2016 Avg (May) 356.7287

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 351.3685 0.0171 267.6948
February 350.4186 0.0172 147.8397
March 351.8006 341.7157 347.2087
April 356.0444 344.4487 348.2949
May 357.0118 0.0178 149.0190
June 0.0185 0.0181 0.0182
July 0.0191 0.0184 0.0187
August 0.0195 0.0190 0.0192
September 0.0195 0.0191 0.0193
October 0.0193 0.0189 0.0191
November 0.0194 0.0188 0.0191
December 0.0195 0.0191 0.0192