YEARLY HIGH
1.2588 INR
YEARLY LOW
1.1056 INR
YEARLY AVERAGE
1.1935 INR

2017 MKD to INR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the MKD to INR exchange rate experienced significant fluctuation. The market reached its absolute peak on September 24, valuing the pair at 1.2588. Conversely, the yearly low was recorded on April 9, dropping to 1.1056.

This high-to-low spread represents a total annual volatility of 0.1532 INR. From a start-to-finish perspective, comparing the January average rate of 1.1764 to the December average rate of 1.2353, the exchange rate registered a net change of 5.01% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 1.2588 was up 0.37% compared to the 2016 peak of 1.2541, 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 6,294 INR
2016 Average 6,037 INR
Yearly Trough Low 5,528 INR
Transaction Impact: A difference of 766.08 INR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

1.2590
1.1101
JanuMarcMayJulySeptNove

MKD to INR 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 1.1548, compared to 1.2322 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0773 points.

H1 Avg (Jan–Jun) 1.1548
H2 Avg (Jul–Dec) 1.2322

Volatility Range Comparison

Volatility

The most volatile month in 2017 was May, with a trading range of 0.0455 INR (High: 1.1816 / Low: 1.1361). On the other end, December was the most stable month, with a tight range of 0.0233 INR (High: 1.2463 / Low: 1.2230).

May Spread (Volatile) ±0.0455
December Spread (Stable) ±0.0233

Growth Streaks & Declines

Trends

Between April and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0195 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0195

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2017: 1.2466) against the same month in 2016 (average: 1.2153), the exchange rate shifted by +0.0313 (+2.58%).

2017 Avg (September) 1.2466
2016 Avg (September) 1.2153

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.1894 1.1553 1.1764
February 1.1785 1.1436 1.1569
March 1.1499 1.1211 1.1420
April 1.1448 1.1056 1.1225
May 1.1816 1.1361 1.1574
June 1.1975 1.1673 1.1739
July 1.2285 1.1924 1.2063
August 1.2462 1.2168 1.2259
September 1.2588 1.2295 1.2466
October 1.2563 1.2232 1.2418
November 1.2511 1.2184 1.2371
December 1.2463 1.2230 1.2353