YEARLY HIGH
0.1432 GTQ
YEARLY LOW
0.1254 GTQ
YEARLY AVERAGE
0.1348 GTQ

2017 MKD to GTQ Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the MKD to GTQ exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 0.1432. Conversely, the yearly low was recorded on March 5, dropping to 0.1254.

This high-to-low spread represents a total annual volatility of 0.0177 GTQ. From a start-to-finish perspective, comparing the January average rate of 0.1299 to the December average rate of 0.1414, the exchange rate registered a net change of 8.88% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.1432 was down 0.42% compared to the 2016 peak of 0.1438, 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 716 GTQ
2016 Average 684 GTQ
Yearly Trough Low 627 GTQ
Transaction Impact: A difference of 88.70 GTQ purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.1428
0.1261
JanuMarcMayJulySeptNove

MKD to GTQ 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 0.1298, compared to 0.1398 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0101 points.

H1 Avg (Jan–Jun) 0.1298
H2 Avg (Jul–Dec) 0.1398

Volatility Range Comparison

Volatility

The most volatile month in 2017 was August, with a trading range of 0.0051 GTQ (High: 0.1427 / Low: 0.1376). On the other end, October was the most stable month, with a tight range of 0.0026 GTQ (High: 0.1414 / Low: 0.1388).

August Spread (Volatile) ±0.0051
October Spread (Stable) ±0.0026

Growth Streaks & Declines

Trends

Between March and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0018 points.

Longest Streak 6 Mo.
Sharpest MoM Drop -0.0018

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2017: 0.1414) against the same month in 2016 (average: 0.1286), the exchange rate shifted by +0.0129 (+10.00%).

2017 Avg (December) 0.1414
2016 Avg (December) 0.1286

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1313 0.1278 0.1299
February 0.1311 0.1261 0.1281
March 0.1295 0.1254 0.1275
April 0.1305 0.1263 0.1277
May 0.1338 0.1295 0.1317
June 0.1357 0.1328 0.1337
July 0.1387 0.1349 0.1367
August 0.1427 0.1376 0.1393
September 0.1430 0.1396 0.1414
October 0.1414 0.1388 0.1403
November 0.1425 0.1382 0.1400
December 0.1432 0.1401 0.1414