2017 MKD to MMK Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2017.
2017 MKD to MMK Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2017
During 2017, the MKD to MMK exchange rate experienced significant fluctuation. The market reached its absolute peak on September 19, valuing the pair at 26.6083. Conversely, the yearly low was recorded on January 3, dropping to 22.9017.
This high-to-low spread represents a total annual volatility of 3.7066 MMK. From a start-to-finish perspective, comparing the January average rate of 23.4475 to the December average rate of 26.1288, the exchange rate registered a net change of 11.44% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2017 high of 26.6083 was up 13.10% compared to the 2016 peak of 23.5271, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 MKD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2017.
MKD to MMK Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 23.9548, compared to 25.9760 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2.0211 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2017 was May, with a trading range of 1.0863 MMK (High: 24.9947 / Low: 23.9084). On the other end, December was the most stable month, with a tight range of 0.4910 MMK (High: 26.3819 / Low: 25.8909).
Growth Streaks & Declines
TrendsBetween April and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.3459 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (September 2017: 26.3357) against the same month in 2016 (average: 22.3735), the exchange rate shifted by +3.9622 (+17.71%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 23.7579 | 22.9017 | 23.4475 |
| February | 23.9075 | 23.4056 | 23.6450 |
| March | 24.0719 | 23.1741 | 23.6903 |
| April | 24.2334 | 23.3668 | 23.6541 |
| May | 24.9947 | 23.9084 | 24.4873 |
| June | 25.2692 | 24.5221 | 24.8047 |
| July | 25.9864 | 25.0696 | 25.5031 |
| August | 26.4486 | 25.7700 | 26.0577 |
| September | 26.6083 | 25.9896 | 26.3357 |
| October | 26.3099 | 25.5674 | 25.9898 |
| November | 26.4829 | 25.4755 | 25.8406 |
| December | 26.3819 | 25.8909 | 26.1288 |