2017 MKD to LAK Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2017.
2017 MKD to LAK Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2017
During 2017, the MKD to LAK exchange rate experienced significant fluctuation. The market reached its absolute peak on September 8, valuing the pair at 162.3249. Conversely, the yearly low was recorded on March 1, dropping to 137.0885.
This high-to-low spread represents a total annual volatility of 25.2365 LAK. From a start-to-finish perspective, comparing the January average rate of 140.2692 to the December average rate of 160.0748, the exchange rate registered a net change of 14.12% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2017 high of 162.3249 was up 6.89% compared to the 2016 peak of 151.8680, 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 LAK 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 143.1453, compared to 158.4359 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 15.2907 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2017 was May, with a trading range of 8.1362 LAK (High: 149.5555 / Low: 141.4194). On the other end, October was the most stable month, with a tight range of 3.1346 LAK (High: 160.2059 / Low: 157.0713).
Growth Streaks & Declines
TrendsBetween 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 2.0146 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (September 2017: 160.6256) against the same month in 2016 (average: 147.3753), the exchange rate shifted by +13.2503 (+8.99%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 142.9855 | 137.1682 | 140.2692 |
| February | 143.3258 | 137.1706 | 140.4750 |
| March | 144.1343 | 137.0885 | 140.8519 |
| April | 145.7384 | 138.5690 | 141.5688 |
| May | 149.5555 | 141.4194 | 146.2046 |
| June | 152.6606 | 146.4721 | 149.5020 |
| July | 157.4032 | 151.5112 | 154.0501 |
| August | 161.7080 | 156.8026 | 158.6166 |
| September | 162.3249 | 158.1328 | 160.6256 |
| October | 160.2059 | 157.0713 | 158.6110 |
| November | 161.3551 | 156.6019 | 158.6373 |
| December | 162.1527 | 158.6971 | 160.0748 |