YEARLY HIGH
0.1215 DKK
YEARLY LOW
0.1186 DKK
YEARLY AVERAGE
0.1207 DKK

2017 MKD to DKK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the MKD to DKK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 2, valuing the pair at 0.1215. Conversely, the yearly low was recorded on June 29, dropping to 0.1186.

This high-to-low spread represents a total annual volatility of 0.0029 DKK. From a start-to-finish perspective, comparing the January average rate of 0.1208 to the December average rate of 0.1209, the exchange rate registered a net change of 0.06% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.1215 was down 0.49% compared to the 2016 peak of 0.1221, 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 608 DKK
2016 Average 605 DKK
Yearly Trough Low 593 DKK
Transaction Impact: A difference of 14.73 DKK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.1209
0.1205
JanuMarcMayJulySeptNove

MKD to DKK 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 0.1207, compared to 0.1208 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.1207
H2 Avg (Jul–Dec) 0.1208

Volatility Range Comparison

Volatility

The most volatile month in 2017 was June, with a trading range of 0.0023 DKK (High: 0.1209 / Low: 0.1186). On the other end, December was the most stable month, with a tight range of 0.0005 DKK (High: 0.1212 / Low: 0.1207).

June Spread (Volatile) ±0.0023
December Spread (Stable) ±0.0005

Growth Streaks & Declines

Trends

Between March and May, 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 0.0002 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2017: 0.1208) against the same month in 2016 (average: 0.1212), the exchange rate shifted by -0.0003 (-0.27%).

2017 Avg (January) 0.1208
2016 Avg (January) 0.1212

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1215 0.1205 0.1208
February 0.1209 0.1203 0.1207
March 0.1209 0.1196 0.1205
April 0.1211 0.1191 0.1207
May 0.1214 0.1202 0.1208
June 0.1209 0.1186 0.1206
July 0.1211 0.1199 0.1207
August 0.1210 0.1198 0.1206
September 0.1210 0.1206 0.1208
October 0.1212 0.1205 0.1209
November 0.1213 0.1206 0.1209
December 0.1212 0.1207 0.1209