YEARLY HIGH
0.0195 LVL
YEARLY LOW
0.0113 LVL
YEARLY AVERAGE
0.0172 LVL

2017 MKD to LVL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the MKD to LVL exchange rate experienced significant fluctuation. The market reached its absolute peak on September 8, valuing the pair at 0.0195. Conversely, the yearly low was recorded on March 12, dropping to 0.0113.

This high-to-low spread represents a total annual volatility of 0.0082 LVL. From a start-to-finish perspective, comparing the January average rate of 0.0128 to the December average rate of 0.0192, the exchange rate registered a net change of 50.74% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.0195 was up 69.72% compared to the 2016 peak of 0.0115, 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 98 LVL
2016 Average 57 LVL
Yearly Trough Low 57 LVL
Transaction Impact: A difference of 41.12 LVL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.0201
0.0106
JanuMarcMayJulySeptNove

MKD to LVL 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 0.0153, compared to 0.0191 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0038 points.

H1 Avg (Jan–Jun) 0.0153
H2 Avg (Jul–Dec) 0.0191

Volatility Range Comparison

Volatility

The most volatile month in 2017 was April, with a trading range of 0.0064 LVL (High: 0.0178 / Low: 0.0114). On the other end, March was the most stable month, with a tight range of 0.0002 LVL (High: 0.0115 / Low: 0.0113).

April Spread (Volatile) ±0.0064
March Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

Between March and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0034 points.

Longest Streak 6 Mo.
Sharpest MoM Drop -0.0034

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2017: 0.0193) against the same month in 2016 (average: 0.0114), the exchange rate shifted by +0.0080 (+70.08%).

2017 Avg (September) 0.0193
2016 Avg (September) 0.0114

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0175 0.0114 0.0128
February 0.0175 0.0114 0.0148
March 0.0115 0.0113 0.0114
April 0.0178 0.0114 0.0168
May 0.0183 0.0176 0.0180
June 0.0185 0.0181 0.0182
July 0.0191 0.0184 0.0187
August 0.0195 0.0190 0.0192
September 0.0195 0.0191 0.0193
October 0.0193 0.0189 0.0191
November 0.0194 0.0188 0.0191
December 0.0195 0.0191 0.0192