YEARLY HIGH
29.5617 LBP
YEARLY LOW
25.4687 LBP
YEARLY AVERAGE
27.6736 LBP

2017 MKD to LBP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the MKD to LBP exchange rate experienced significant fluctuation. The market reached its absolute peak on September 8, valuing the pair at 29.5617. Conversely, the yearly low was recorded on January 3, dropping to 25.4687.

This high-to-low spread represents a total annual volatility of 4.0930 LBP. From a start-to-finish perspective, comparing the January average rate of 26.0528 to the December average rate of 29.1608, the exchange rate registered a net change of 11.93% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 29.5617 was up 5.23% compared to the 2016 peak of 28.0922, 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 147,808 LBP
2016 Average 135,669 LBP
Yearly Trough Low 127,343 LBP
Transaction Impact: A difference of 20,465.03 LBP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

29.5144
25.7381
JanuMarcMayJulySeptNove

MKD to LBP 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 26.4995, compared to 28.8476 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2.3481 points.

H1 Avg (Jan–Jun) 26.4995
H2 Avg (Jul–Dec) 28.8476

Volatility Range Comparison

Volatility

The most volatile month in 2017 was July, with a trading range of 1.1090 LBP (High: 28.7892 / Low: 27.6802). On the other end, October was the most stable month, with a tight range of 0.5473 LBP (High: 29.0982 / Low: 28.5509).

July Spread (Volatile) ±1.1090
October Spread (Stable) ±0.5473

Growth Streaks & Declines

Trends

Between 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 0.3584 points.

Longest Streak 8 Mo.
Sharpest MoM Drop -0.3584

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2017: 29.1997) against the same month in 2016 (average: 27.4755), the exchange rate shifted by +1.7242 (+6.28%).

2017 Avg (September) 29.1997
2016 Avg (September) 27.4755

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 26.3740 25.4687 26.0528
February 26.4657 25.7558 26.0658
March 26.4557 25.6250 26.0886
April 26.8071 25.9583 26.2459
May 27.5434 26.5976 27.1014
June 27.8955 27.2391 27.4427
July 28.7892 27.6802 28.1643
August 29.5085 28.5743 28.8593
September 29.5617 28.7513 29.1997
October 29.0982 28.5509 28.8413
November 29.4618 28.4312 28.8602
December 29.4743 28.8974 29.1608