YEARLY HIGH
0.3839 MXN
YEARLY LOW
0.3190 MXN
YEARLY AVERAGE
0.3464 MXN

2017 MKD to MXN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the MKD to MXN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 0.3839. Conversely, the yearly low was recorded on April 16, dropping to 0.3190.

This high-to-low spread represents a total annual volatility of 0.0649 MXN. From a start-to-finish perspective, comparing the January average rate of 0.3688 to the December average rate of 0.3698, the exchange rate registered a net change of 0.28% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.3839 was up 4.43% compared to the 2016 peak of 0.3676, 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 1,919 MXN
2016 Average 1,678 MXN
Yearly Trough Low 1,595 MXN
Transaction Impact: A difference of 324.52 MXN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.3742
0.3215
JanuMarcMayJulySeptNove

MKD to MXN 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 0.3412, compared to 0.3517 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0105 points.

H1 Avg (Jan–Jun) 0.3412
H2 Avg (Jul–Dec) 0.3517

Volatility Range Comparison

Volatility

The most volatile month in 2017 was January, with a trading range of 0.0252 MXN (High: 0.3796 / Low: 0.3544). On the other end, September was the most stable month, with a tight range of 0.0084 MXN (High: 0.3504 / Low: 0.3420).

January Spread (Volatile) ±0.0252
September Spread (Stable) ±0.0084

Growth Streaks & Declines

Trends

Between June and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0185 points.

Longest Streak 6 Mo.
Sharpest MoM Drop -0.0185

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2017: 0.3698) against the same month in 2016 (average: 0.3516), the exchange rate shifted by +0.0183 (+5.19%).

2017 Avg (December) 0.3698
2016 Avg (December) 0.3516

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.3796 0.3544 0.3688
February 0.3622 0.3384 0.3503
March 0.3414 0.3238 0.3340
April 0.3396 0.3190 0.3259
May 0.3433 0.3314 0.3372
June 0.3432 0.3253 0.3307
July 0.3407 0.3266 0.3336
August 0.3477 0.3363 0.3410
September 0.3504 0.3420 0.3450
October 0.3674 0.3475 0.3595
November 0.3681 0.3568 0.3610
December 0.3839 0.3588 0.3698