YEARLY HIGH
0.1527 HKD
YEARLY LOW
0.1312 HKD
YEARLY AVERAGE
0.1429 HKD

2017 MKD to HKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the MKD to HKD exchange rate experienced significant fluctuation. The market reached its absolute peak on September 9, valuing the pair at 0.1527. Conversely, the yearly low was recorded on January 3, dropping to 0.1312.

This high-to-low spread represents a total annual volatility of 0.0215 HKD. From a start-to-finish perspective, comparing the January average rate of 0.1340 to the December average rate of 0.1503, the exchange rate registered a net change of 12.13% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.1527 was up 5.56% compared to the 2016 peak of 0.1447, 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 764 HKD
2016 Average 698 HKD
Yearly Trough Low 656 HKD
Transaction Impact: A difference of 107.34 HKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.1529
0.1323
JanuMarcMayJulySeptNove

MKD to HKD 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 0.1366, compared to 0.1492 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0126 points.

H1 Avg (Jan–Jun) 0.1366
H2 Avg (Jul–Dec) 0.1492

Volatility Range Comparison

Volatility

The most volatile month in 2017 was July, with a trading range of 0.0057 HKD (High: 0.1495 / Low: 0.1437). On the other end, February was the most stable month, with a tight range of 0.0030 HKD (High: 0.1358 / Low: 0.1329).

July Spread (Volatile) ±0.0057
February Spread (Stable) ±0.0030

Growth Streaks & Declines

Trends

Between January and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0022 points.

Longest Streak 8 Mo.
Sharpest MoM Drop -0.0022

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2017: 0.1512) against the same month in 2016 (average: 0.1412), the exchange rate shifted by +0.0100 (+7.08%).

2017 Avg (September) 0.1512
2016 Avg (September) 0.1412

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1361 0.1312 0.1340
February 0.1358 0.1329 0.1341
March 0.1365 0.1325 0.1346
April 0.1383 0.1336 0.1352
May 0.1422 0.1374 0.1399
June 0.1447 0.1411 0.1420
July 0.1495 0.1437 0.1462
August 0.1524 0.1489 0.1499
September 0.1527 0.1489 0.1512
October 0.1504 0.1471 0.1490
November 0.1513 0.1468 0.1489
December 0.1524 0.1489 0.1503