YEARLY HIGH
17.5898 KPW
YEARLY LOW
15.2293 KPW
YEARLY AVERAGE
16.5070 KPW

2017 MKD to KPW Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the MKD to KPW exchange rate experienced significant fluctuation. The market reached its absolute peak on September 8, valuing the pair at 17.5898. Conversely, the yearly low was recorded on January 3, dropping to 15.2293.

This high-to-low spread represents a total annual volatility of 2.3605 KPW. From a start-to-finish perspective, comparing the January average rate of 15.5513 to the December average rate of 17.3128, the exchange rate registered a net change of 11.33% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 17.5898 was up 4.86% compared to the 2016 peak of 16.7747, 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 87,949 KPW
2016 Average 80,894 KPW
Yearly Trough Low 76,147 KPW
Transaction Impact: A difference of 11,802.68 KPW purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

17.6011
15.3639
JanuMarcMayJulySeptNove

MKD to KPW 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 15.8199, compared to 17.1941 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.3743 points.

H1 Avg (Jan–Jun) 15.8199
H2 Avg (Jul–Dec) 17.1941

Volatility Range Comparison

Volatility

The most volatile month in 2017 was July, with a trading range of 0.6536 KPW (High: 17.2199 / Low: 16.5663). On the other end, February was the most stable month, with a tight range of 0.3493 KPW (High: 15.7579 / Low: 15.4085).

July Spread (Volatile) ±0.6536
February Spread (Stable) ±0.3493

Growth Streaks & Declines

Trends

Between February and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.2372 points.

Longest Streak 7 Mo.
Sharpest MoM Drop -0.2372

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2017: 17.4147) against the same month in 2016 (average: 16.3839), the exchange rate shifted by +1.0308 (+6.29%).

2017 Avg (September) 17.4147
2016 Avg (September) 16.3839

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 15.7893 15.2293 15.5513
February 15.7579 15.4085 15.5503
March 15.8087 15.3586 15.6048
April 15.9994 15.4814 15.6531
May 16.4295 15.8826 16.1678
June 16.6789 16.2803 16.3918
July 17.2199 16.5663 16.8484
August 17.5240 17.1246 17.2458
September 17.5898 17.1599 17.4147
October 17.3404 16.9658 17.1775
November 17.4408 16.9424 17.1655
December 17.5586 17.1625 17.3128