YEARLY HIGH
0.6563 MUR
YEARLY LOW
0.6052 MUR
YEARLY AVERAGE
0.6322 MUR

2017 MKD to MUR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the MKD to MUR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 13, valuing the pair at 0.6563. Conversely, the yearly low was recorded on March 2, dropping to 0.6052.

This high-to-low spread represents a total annual volatility of 0.0511 MUR. From a start-to-finish perspective, comparing the January average rate of 0.6199 to the December average rate of 0.6503, the exchange rate registered a net change of 4.90% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.6563 was down 0.03% compared to the 2016 peak of 0.6565, 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 3,282 MUR
2016 Average 3,192 MUR
Yearly Trough Low 3,026 MUR
Transaction Impact: A difference of 255.64 MUR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.6541
0.6086
JanuMarcMayJulySeptNove

MKD to MUR 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 0.6198, compared to 0.6446 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0248 points.

H1 Avg (Jan–Jun) 0.6198
H2 Avg (Jul–Dec) 0.6446

Volatility Range Comparison

Volatility

The most volatile month in 2017 was May, with a trading range of 0.0270 MUR (High: 0.6393 / Low: 0.6123). On the other end, July was the most stable month, with a tight range of 0.0099 MUR (High: 0.6450 / Low: 0.6351).

May Spread (Volatile) ±0.0270
July Spread (Stable) ±0.0099

Growth Streaks & Declines

Trends

Between August and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0062 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0062

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2017: 0.6503) against the same month in 2016 (average: 0.6155), the exchange rate shifted by +0.0348 (+5.65%).

2017 Avg (December) 0.6503
2016 Avg (December) 0.6155

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.6263 0.6088 0.6199
February 0.6231 0.6083 0.6137
March 0.6209 0.6052 0.6139
April 0.6223 0.6077 0.6124
May 0.6393 0.6123 0.6263
June 0.6388 0.6286 0.6326
July 0.6450 0.6351 0.6386
August 0.6414 0.6299 0.6348
September 0.6521 0.6359 0.6447
October 0.6556 0.6397 0.6492
November 0.6550 0.6449 0.6500
December 0.6563 0.6456 0.6503