YEARLY HIGH
2.4484 LRD
YEARLY LOW
1.5439 LRD
YEARLY AVERAGE
1.9241 LRD

2017 MKD to LRD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the MKD to LRD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 2.4484. Conversely, the yearly low was recorded on January 3, dropping to 1.5439.

This high-to-low spread represents a total annual volatility of 0.9045 LRD. From a start-to-finish perspective, comparing the January average rate of 1.6182 to the December average rate of 2.4141, the exchange rate registered a net change of 49.18% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 2.4484 was up 40.29% compared to the 2016 peak of 1.7453, 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 12,242 LRD
2016 Average 8,029 LRD
Yearly Trough Low 7,720 LRD
Transaction Impact: A difference of 4,522.59 LRD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

2.4936
1.5386
JanuMarcMayJulySeptNove

MKD to LRD 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 1.6526, compared to 2.1956 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.5430 points.

H1 Avg (Jan–Jun) 1.6526
H2 Avg (Jul–Dec) 2.1956

Volatility Range Comparison

Volatility

The most volatile month in 2017 was August, with a trading range of 0.5165 LRD (High: 2.2409 / Low: 1.7244). On the other end, February was the most stable month, with a tight range of 0.0366 LRD (High: 1.6457 / Low: 1.6091).

August Spread (Volatile) ±0.5165
February Spread (Stable) ±0.0366

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 0.0034 points.

Longest Streak 8 Mo.
Sharpest MoM Drop -0.0034

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2017: 2.4141) against the same month in 2016 (average: 1.5749), the exchange rate shifted by +0.8392 (+53.29%).

2017 Avg (December) 2.4141
2016 Avg (December) 1.5749

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.6580 1.5439 1.6182
February 1.6457 1.6091 1.6278
March 1.6659 1.6034 1.6292
April 1.6801 1.6198 1.6385
May 1.7249 1.6414 1.6912
June 1.7329 1.6892 1.7107
July 1.7811 1.7014 1.7359
August 2.2409 1.7244 2.1531
September 2.2870 2.2163 2.2621
October 2.2802 2.2405 2.2587
November 2.4251 2.2510 2.3500
December 2.4484 2.3925 2.4141