YEARLY HIGH
0.3469 EGP
YEARLY LOW
0.2696 EGP
YEARLY AVERAGE
0.3270 EGP

2017 MKD to EGP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the MKD to EGP exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 0.3469. Conversely, the yearly low was recorded on February 21, dropping to 0.2696.

This high-to-low spread represents a total annual volatility of 0.0773 EGP. From a start-to-finish perspective, comparing the January average rate of 0.3219 to the December average rate of 0.3427, the exchange rate registered a net change of 6.45% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.3469 was up 4.70% compared to the 2016 peak of 0.3313, 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 1,734 EGP
2016 Average 896 EGP
Yearly Trough Low 1,348 EGP
Transaction Impact: A difference of 386.49 EGP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.3476
0.2886
JanuMarcMayJulySeptNove

MKD to EGP 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 0.3151, compared to 0.3389 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0238 points.

H1 Avg (Jan–Jun) 0.3151
H2 Avg (Jul–Dec) 0.3389

Volatility Range Comparison

Volatility

The most volatile month in 2017 was February, with a trading range of 0.0599 EGP (High: 0.3294 / Low: 0.2696). On the other end, August was the most stable month, with a tight range of 0.0060 EGP (High: 0.3439 / Low: 0.3380).

February Spread (Volatile) ±0.0599
August Spread (Stable) ±0.0060

Growth Streaks & Declines

Trends

Between February and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0283 points.

Longest Streak 7 Mo.
Sharpest MoM Drop -0.0283

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2017: 0.3427) against the same month in 2016 (average: 0.3152), the exchange rate shifted by +0.0274 (+8.70%).

2017 Avg (December) 0.3427
2016 Avg (December) 0.3152

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.3321 0.3083 0.3219
February 0.3294 0.2696 0.2936
March 0.3205 0.2763 0.3059
April 0.3208 0.3096 0.3143
May 0.3305 0.3187 0.3250
June 0.3359 0.3258 0.3298
July 0.3425 0.3292 0.3354
August 0.3439 0.3380 0.3401
September 0.3452 0.3367 0.3414
October 0.3394 0.3328 0.3368
November 0.3429 0.3321 0.3369
December 0.3469 0.3402 0.3427