YEARLY HIGH
0.3509 MDL
YEARLY LOW
0.3258 MDL
YEARLY AVERAGE
0.3377 MDL

2017 MKD to MDL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the MKD to MDL exchange rate experienced significant fluctuation. The market reached its absolute peak on January 23, valuing the pair at 0.3509. Conversely, the yearly low was recorded on October 26, dropping to 0.3258.

This high-to-low spread represents a total annual volatility of 0.0252 MDL. From a start-to-finish perspective, comparing the January average rate of 0.3466 to the December average rate of 0.3304, the exchange rate registered a net change of -4.67% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.3509 was down 4.41% compared to the 2016 peak of 0.3671, 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 1,755 MDL
2016 Average 1,787 MDL
Yearly Trough Low 1,629 MDL
Transaction Impact: A difference of 125.83 MDL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.3483
0.3288
JanuMarcMayJulySeptNove

MKD to MDL 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 0.3388, compared to 0.3366 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0023 points.

H1 Avg (Jan–Jun) 0.3388
H2 Avg (Jul–Dec) 0.3366

Volatility Range Comparison

Volatility

The most volatile month in 2017 was May, with a trading range of 0.0124 MDL (High: 0.3406 / Low: 0.3283). On the other end, June was the most stable month, with a tight range of 0.0053 MDL (High: 0.3348 / Low: 0.3296).

May Spread (Volatile) ±0.0124
June Spread (Stable) ±0.0053

Growth Streaks & Declines

Trends

Between June and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0095 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0095

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2017: 0.3466) against the same month in 2016 (average: 0.3587), the exchange rate shifted by -0.0121 (-3.36%).

2017 Avg (January) 0.3466
2016 Avg (January) 0.3587

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.3509 0.3387 0.3466
February 0.3493 0.3406 0.3445
March 0.3445 0.3363 0.3412
April 0.3428 0.3315 0.3360
May 0.3406 0.3283 0.3331
June 0.3348 0.3296 0.3316
July 0.3449 0.3336 0.3390
August 0.3458 0.3392 0.3424
September 0.3475 0.3357 0.3419
October 0.3378 0.3258 0.3324
November 0.3399 0.3279 0.3333
December 0.3336 0.3263 0.3304