YEARLY HIGH
0.0831 MYR
YEARLY LOW
0.0759 MYR
YEARLY AVERAGE
0.0788 MYR

2017 MKD to MYR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the MKD to MYR exchange rate experienced significant fluctuation. The market reached its absolute peak on August 29, valuing the pair at 0.0831. Conversely, the yearly low was recorded on March 2, dropping to 0.0759.

This high-to-low spread represents a total annual volatility of 0.0072 MYR. From a start-to-finish perspective, comparing the January average rate of 0.0770 to the December average rate of 0.0784, the exchange rate registered a net change of 1.81% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.0831 was up 6.07% compared to the 2016 peak of 0.0783, 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 415 MYR
2016 Average 372 MYR
Yearly Trough Low 379 MYR
Transaction Impact: A difference of 36.06 MYR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.0826
0.0760
JanuMarcMayJulySeptNove

MKD to MYR 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 0.0771, compared to 0.0804 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0033 points.

H1 Avg (Jan–Jun) 0.0771
H2 Avg (Jul–Dec) 0.0804

Volatility Range Comparison

Volatility

The most volatile month in 2017 was July, with a trading range of 0.0028 MYR (High: 0.0819 / Low: 0.0791). On the other end, February was the most stable month, with a tight range of 0.0014 MYR (High: 0.0775 / Low: 0.0762).

July Spread (Volatile) ±0.0028
February Spread (Stable) ±0.0014

Growth Streaks & Declines

Trends

Between April and August, 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 October and November, when the average rate fell by 0.0012 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0012

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2017: 0.0821) against the same month in 2016 (average: 0.0733), the exchange rate shifted by +0.0088 (+12.01%).

2017 Avg (August) 0.0821
2016 Avg (August) 0.0733

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0777 0.0760 0.0770
February 0.0775 0.0762 0.0768
March 0.0777 0.0759 0.0770
April 0.0777 0.0759 0.0766
May 0.0787 0.0764 0.0775
June 0.0796 0.0772 0.0779
July 0.0819 0.0791 0.0803
August 0.0831 0.0817 0.0821
September 0.0825 0.0805 0.0815
October 0.0813 0.0799 0.0807
November 0.0802 0.0787 0.0795
December 0.0792 0.0778 0.0784