YEARLY HIGH
2.9956 LKR
YEARLY LOW
2.5379 LKR
YEARLY AVERAGE
2.7970 LKR

2017 MKD to LKR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the MKD to LKR exchange rate experienced significant fluctuation. The market reached its absolute peak on September 8, valuing the pair at 2.9956. Conversely, the yearly low was recorded on January 3, dropping to 2.5379.

This high-to-low spread represents a total annual volatility of 0.4578 LKR. From a start-to-finish perspective, comparing the January average rate of 2.5911 to the December average rate of 2.9466, the exchange rate registered a net change of 13.72% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 2.9956 was up 9.71% compared to the 2016 peak of 2.7305, 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 14,978 LKR
2016 Average 13,135 LKR
Yearly Trough Low 12,689 LKR
Transaction Impact: A difference of 2,288.83 LKR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

2.9992
2.5540
JanuMarcMayJulySeptNove

MKD to LKR 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 2.6659, compared to 2.9280 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2621 points.

H1 Avg (Jan–Jun) 2.6659
H2 Avg (Jul–Dec) 2.9280

Volatility Range Comparison

Volatility

The most volatile month in 2017 was July, with a trading range of 0.0995 LKR (High: 2.9234 / Low: 2.8239). On the other end, February was the most stable month, with a tight range of 0.0509 LKR (High: 2.6333 / Low: 2.5823).

July Spread (Volatile) ±0.0995
February Spread (Stable) ±0.0509

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 0.0313 points.

Longest Streak 8 Mo.
Sharpest MoM Drop -0.0313

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2017: 2.9621) against the same month in 2016 (average: 2.6536), the exchange rate shifted by +0.3085 (+11.63%).

2017 Avg (September) 2.9621
2016 Avg (September) 2.6536

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.6299 2.5379 2.5911
February 2.6333 2.5823 2.6090
March 2.6704 2.5730 2.6276
April 2.7050 2.6112 2.6462
May 2.7865 2.6937 2.7377
June 2.8395 2.7658 2.7839
July 2.9234 2.8239 2.8707
August 2.9746 2.8988 2.9291
September 2.9956 2.9183 2.9621
October 2.9587 2.8990 2.9308
November 2.9780 2.8860 2.9287
December 2.9910 2.9201 2.9466