YEARLY HIGH
1.3551 KGS
YEARLY LOW
1.0680 KGS
YEARLY AVERAGE
1.2611 KGS

2017 MKD to KGS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the MKD to KGS exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 1.3551. Conversely, the yearly low was recorded on August 19, dropping to 1.0680.

This high-to-low spread represents a total annual volatility of 0.2870 KGS. From a start-to-finish perspective, comparing the January average rate of 1.1983 to the December average rate of 1.3392, the exchange rate registered a net change of 11.76% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 1.3551 was down 1.80% compared to the 2016 peak of 1.3799, 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 6,775 KGS
2016 Average 6,285 KGS
Yearly Trough Low 5,340 KGS
Transaction Impact: A difference of 1,435.04 KGS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

1.3548
1.1675
JanuMarcMayJulySeptNove

MKD to KGS 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 1.2069, compared to 1.3154 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1085 points.

H1 Avg (Jan–Jun) 1.2069
H2 Avg (Jul–Dec) 1.3154

Volatility Range Comparison

Volatility

The most volatile month in 2017 was August, with a trading range of 0.2678 KGS (High: 1.3359 / Low: 1.0680). On the other end, April was the most stable month, with a tight range of 0.0191 KGS (High: 1.1942 / Low: 1.1751).

August Spread (Volatile) ±0.2678
April Spread (Stable) ±0.0191

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 September and October, when the average rate fell by 0.0188 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0188

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2017: 1.3392) against the same month in 2016 (average: 1.1862), the exchange rate shifted by +0.1530 (+12.90%).

2017 Avg (December) 1.3392
2016 Avg (December) 1.1862

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.2143 1.1711 1.1983
February 1.2156 1.1828 1.1964
March 1.2162 1.1806 1.1980
April 1.1942 1.1751 1.1831
May 1.2421 1.1939 1.2179
June 1.2810 1.2388 1.2477
July 1.3134 1.2801 1.2947
August 1.3359 1.0680 1.3037
September 1.3396 1.3047 1.3263
October 1.3194 1.2926 1.3075
November 1.3509 1.2971 1.3207
December 1.3551 1.3298 1.3392