YEARLY HIGH
0.0151 GBP
YEARLY LOW
0.0136 GBP
YEARLY AVERAGE
0.0142 GBP

2017 MKD to GBP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the MKD to GBP exchange rate experienced significant fluctuation. The market reached its absolute peak on August 29, valuing the pair at 0.0151. Conversely, the yearly low was recorded on April 18, dropping to 0.0136.

This high-to-low spread represents a total annual volatility of 0.0015 GBP. From a start-to-finish perspective, comparing the January average rate of 0.0140 to the December average rate of 0.0143, the exchange rate registered a net change of 2.53% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.0151 was up 2.42% compared to the 2016 peak of 0.0147, 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 75 GBP
2016 Average 67 GBP
Yearly Trough Low 68 GBP
Transaction Impact: A difference of 7.50 GBP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.0149
0.0137
JanuMarcMayJulySeptNove

MKD to GBP 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 0.0140, compared to 0.0145 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0005 points.

H1 Avg (Jan–Jun) 0.0140
H2 Avg (Jul–Dec) 0.0145

Volatility Range Comparison

Volatility

The most volatile month in 2017 was September, with a trading range of 0.0007 GBP (High: 0.0149 / Low: 0.0142). On the other end, December was the most stable month, with a tight range of 0.0003 GBP (High: 0.0145 / Low: 0.0142).

September Spread (Volatile) ±0.0007
December Spread (Stable) ±0.0003

Growth Streaks & Declines

Trends

Between April and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0003 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0003

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2017: 0.0148) against the same month in 2016 (average: 0.0139), the exchange rate shifted by +0.0009 (+6.35%).

2017 Avg (August) 0.0148
2016 Avg (August) 0.0139

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0143 0.0138 0.0140
February 0.0140 0.0137 0.0138
March 0.0142 0.0138 0.0140
April 0.0139 0.0136 0.0138
May 0.0142 0.0137 0.0139
June 0.0144 0.0140 0.0142
July 0.0146 0.0142 0.0144
August 0.0151 0.0145 0.0148
September 0.0149 0.0142 0.0145
October 0.0146 0.0142 0.0145
November 0.0145 0.0142 0.0144
December 0.0145 0.0142 0.0143