YEARLY HIGH
48.0473 MNT
YEARLY LOW
41.3646 MNT
YEARLY AVERAGE
44.6510 MNT

2017 MKD to MNT Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the MKD to MNT exchange rate experienced significant fluctuation. The market reached its absolute peak on September 19, valuing the pair at 48.0473. Conversely, the yearly low was recorded on April 16, dropping to 41.3646.

This high-to-low spread represents a total annual volatility of 6.6827 MNT. From a start-to-finish perspective, comparing the January average rate of 42.9213 to the December average rate of 46.7671, the exchange rate registered a net change of 8.96% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 48.0473 was up 10.71% compared to the 2016 peak of 43.3979, 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 240,237 MNT
2016 Average 192,261 MNT
Yearly Trough Low 206,823 MNT
Transaction Impact: A difference of 33,413.39 MNT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

47.8661
41.5173
JanuMarcMayJulySeptNove

MKD to MNT 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 42.7692, compared to 46.5328 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 3.7636 points.

H1 Avg (Jan–Jun) 42.7692
H2 Avg (Jul–Dec) 46.5328

Volatility Range Comparison

Volatility

The most volatile month in 2017 was July, with a trading range of 3.2615 MNT (High: 46.6418 / Low: 43.3803). On the other end, February was the most stable month, with a tight range of 0.8330 MNT (High: 43.1653 / Low: 42.3323).

July Spread (Volatile) ±3.2615
February Spread (Stable) ±0.8330

Growth Streaks & Declines

Trends

Between June and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.5277 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.5277

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2017: 47.3370) against the same month in 2016 (average: 40.7288), the exchange rate shifted by +6.6082 (+16.22%).

2017 Avg (September) 47.3370
2016 Avg (September) 40.7288

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 43.4066 42.0847 42.9213
February 43.1653 42.3323 42.7000
March 43.0597 42.1252 42.5741
April 42.9848 41.3646 42.0463
May 43.9938 42.4935 43.2764
June 43.7920 42.5709 43.0975
July 46.6418 43.3803 44.8489
August 47.3317 46.3468 46.7304
September 48.0473 46.7083 47.3370
October 47.2894 46.2085 46.8342
November 47.3343 46.1670 46.6794
December 47.2694 46.4340 46.7671