YEARLY HIGH
14.2113 MWK
YEARLY LOW
12.2933 MWK
YEARLY AVERAGE
13.3078 MWK

2017 MKD to MWK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the MKD to MWK exchange rate experienced significant fluctuation. The market reached its absolute peak on September 10, valuing the pair at 14.2113. Conversely, the yearly low was recorded on January 2, dropping to 12.2933.

This high-to-low spread represents a total annual volatility of 1.9180 MWK. From a start-to-finish perspective, comparing the January average rate of 12.5274 to the December average rate of 13.9577, the exchange rate registered a net change of 11.42% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 14.2113 was up 4.18% compared to the 2016 peak of 13.6406, 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 71,057 MWK
2016 Average 63,823 MWK
Yearly Trough Low 61,466 MWK
Transaction Impact: A difference of 9,590.23 MWK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

14.1961
12.3757
JanuMarcMayJulySeptNove

MKD to MWK 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 12.7550, compared to 13.8606 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.1056 points.

H1 Avg (Jan–Jun) 12.7550
H2 Avg (Jul–Dec) 13.8606

Volatility Range Comparison

Volatility

The most volatile month in 2017 was July, with a trading range of 0.5929 MWK (High: 13.9105 / Low: 13.3176). On the other end, October was the most stable month, with a tight range of 0.2569 MWK (High: 13.9624 / Low: 13.7055).

July Spread (Volatile) ±0.5929
October Spread (Stable) ±0.2569

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 0.1912 points.

Longest Streak 8 Mo.
Sharpest MoM Drop -0.1912

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2017: 14.0444) against the same month in 2016 (average: 13.0884), the exchange rate shifted by +0.9561 (+7.30%).

2017 Avg (September) 14.0444
2016 Avg (September) 13.0884

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 12.7020 12.2933 12.5274
February 12.7159 12.3779 12.5305
March 12.7762 12.3375 12.5707
April 12.9212 12.4860 12.6346
May 13.2671 12.7994 13.0373
June 13.4381 13.1174 13.2295
July 13.9105 13.3176 13.5737
August 14.1448 13.7900 13.9009
September 14.2113 13.8580 14.0444
October 13.9624 13.7055 13.8532
November 14.0703 13.6496 13.8335
December 14.1616 13.8047 13.9577