2017 MKD to HUF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2017.
2017 MKD to HUF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2017
During 2017, the MKD to HUF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 7, valuing the pair at 5.1150. Conversely, the yearly low was recorded on August 23, dropping to 4.8940.
This high-to-low spread represents a total annual volatility of 0.2210 HUF. From a start-to-finish perspective, comparing the January average rate of 5.0206 to the December average rate of 5.0838, the exchange rate registered a net change of 1.26% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2017 high of 5.1150 was down 0.99% compared to the 2016 peak of 5.1661, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 MKD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2017.
MKD to HUF Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 5.0234, compared to 5.0164 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0071 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2017 was July, with a trading range of 0.1117 HUF (High: 5.0255 / Low: 4.9138). On the other end, February was the most stable month, with a tight range of 0.0461 HUF (High: 5.0337 / Low: 4.9875).
Growth Streaks & Declines
TrendsBetween August and December, 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 July and August, when the average rate fell by 0.0414 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2017: 5.0838) against the same month in 2016 (average: 5.0715), the exchange rate shifted by +0.0123 (+0.24%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 5.0537 | 4.9874 | 5.0206 |
| February | 5.0337 | 4.9875 | 5.0094 |
| March | 5.0700 | 4.9861 | 5.0233 |
| April | 5.0959 | 4.9977 | 5.0591 |
| May | 5.0765 | 4.9919 | 5.0286 |
| June | 5.0293 | 4.9409 | 4.9996 |
| July | 5.0255 | 4.9138 | 4.9747 |
| August | 4.9746 | 4.8940 | 4.9333 |
| September | 5.0620 | 4.9536 | 5.0091 |
| October | 5.0697 | 4.9945 | 5.0340 |
| November | 5.0923 | 5.0439 | 5.0631 |
| December | 5.1150 | 5.0349 | 5.0838 |