YEARLY HIGH
0.1578 MOP
YEARLY LOW
0.1350 MOP
YEARLY AVERAGE
0.1472 MOP

2017 MKD to MOP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the MKD to MOP exchange rate experienced significant fluctuation. The market reached its absolute peak on August 29, valuing the pair at 0.1578. Conversely, the yearly low was recorded on January 3, dropping to 0.1350.

This high-to-low spread represents a total annual volatility of 0.0228 MOP. From a start-to-finish perspective, comparing the January average rate of 0.1380 to the December average rate of 0.1548, the exchange rate registered a net change of 12.17% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.1578 was up 6.00% compared to the 2016 peak of 0.1489, 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 789 MOP
2016 Average 719 MOP
Yearly Trough Low 675 MOP
Transaction Impact: A difference of 114.16 MOP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.1577
0.1362
JanuMarcMayJulySeptNove

MKD to MOP 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 0.1407, compared to 0.1537 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0130 points.

H1 Avg (Jan–Jun) 0.1407
H2 Avg (Jul–Dec) 0.1537

Volatility Range Comparison

Volatility

The most volatile month in 2017 was August, with a trading range of 0.0054 MOP (High: 0.1578 / Low: 0.1525). On the other end, October was the most stable month, with a tight range of 0.0030 MOP (High: 0.1547 / Low: 0.1518).

August Spread (Volatile) ±0.0054
October Spread (Stable) ±0.0030

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 0.0024 points.

Longest Streak 8 Mo.
Sharpest MoM Drop -0.0024

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2017: 0.1542) against the same month in 2016 (average: 0.1454), the exchange rate shifted by +0.0087 (+6.00%).

2017 Avg (August) 0.1542
2016 Avg (August) 0.1454

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1396 0.1350 0.1380
February 0.1402 0.1370 0.1381
March 0.1406 0.1360 0.1385
April 0.1423 0.1377 0.1394
May 0.1463 0.1416 0.1440
June 0.1487 0.1453 0.1462
July 0.1530 0.1480 0.1503
August 0.1578 0.1525 0.1542
September 0.1576 0.1534 0.1559
October 0.1547 0.1518 0.1535
November 0.1558 0.1511 0.1533
December 0.1568 0.1533 0.1548