YEARLY HIGH
0.4416 CZK
YEARLY LOW
0.4130 CZK
YEARLY AVERAGE
0.4274 CZK

2017 MKD to CZK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the MKD to CZK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 2, valuing the pair at 0.4416. Conversely, the yearly low was recorded on November 23, dropping to 0.4130.

This high-to-low spread represents a total annual volatility of 0.0286 CZK. From a start-to-finish perspective, comparing the January average rate of 0.4392 to the December average rate of 0.4165, the exchange rate registered a net change of -5.16% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.4416 was down 0.24% compared to the 2016 peak of 0.4427, 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 2,208 CZK
2016 Average 2,195 CZK
Yearly Trough Low 2,065 CZK
Transaction Impact: A difference of 143.01 CZK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.4416
0.4125
JanuMarcMayJulySeptNove

MKD to CZK 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 0.4347, compared to 0.4200 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0147 points.

H1 Avg (Jan–Jun) 0.4347
H2 Avg (Jul–Dec) 0.4200

Volatility Range Comparison

Volatility

The most volatile month in 2017 was April, with a trading range of 0.0095 CZK (High: 0.4395 / Low: 0.4300). On the other end, February was the most stable month, with a tight range of 0.0019 CZK (High: 0.4393 / Low: 0.4374).

April Spread (Volatile) ±0.0095
February Spread (Stable) ±0.0019

Growth Streaks & Declines

Trends

Between July and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.0058 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0058

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2017: 0.4392) against the same month in 2016 (average: 0.4389), the exchange rate shifted by +0.0003 (+0.07%).

2017 Avg (January) 0.4392
2016 Avg (January) 0.4389

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.4416 0.4378 0.4392
February 0.4393 0.4374 0.4387
March 0.4409 0.4349 0.4381
April 0.4395 0.4300 0.4352
May 0.4371 0.4278 0.4315
June 0.4279 0.4185 0.4257
July 0.4255 0.4198 0.4233
August 0.4251 0.4204 0.4233
September 0.4245 0.4221 0.4235
October 0.4214 0.4156 0.4185
November 0.4171 0.4130 0.4149
December 0.4183 0.4149 0.4165