YEARLY HIGH
0.2767 NAD
YEARLY LOW
0.2179 NAD
YEARLY AVERAGE
0.2441 NAD

2017 MKD to NAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the MKD to NAD exchange rate experienced significant fluctuation. The market reached its absolute peak on November 15, valuing the pair at 0.2767. Conversely, the yearly low was recorded on March 25, dropping to 0.2179.

This high-to-low spread represents a total annual volatility of 0.0587 NAD. From a start-to-finish perspective, comparing the January average rate of 0.2340 to the December average rate of 0.2526, the exchange rate registered a net change of 7.98% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.2767 was down 7.22% compared to the 2016 peak of 0.2982, 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 1,383 NAD
2016 Average 1,322 NAD
Yearly Trough Low 1,090 NAD
Transaction Impact: A difference of 293.74 NAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.2732
0.2193
JanuMarcMayJulySeptNove

MKD to NAD 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 0.2321, compared to 0.2560 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0239 points.

H1 Avg (Jan–Jun) 0.2321
H2 Avg (Jul–Dec) 0.2560

Volatility Range Comparison

Volatility

The most volatile month in 2017 was December, with a trading range of 0.0277 NAD (High: 0.2656 / Low: 0.2380). On the other end, January was the most stable month, with a tight range of 0.0054 NAD (High: 0.2364 / Low: 0.2310).

December Spread (Volatile) ±0.0277
January Spread (Stable) ±0.0054

Growth Streaks & Declines

Trends

Between June and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0161 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0161

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2017: 0.2687) against the same month in 2016 (average: 0.2454), the exchange rate shifted by +0.0233 (+9.51%).

2017 Avg (November) 0.2687
2016 Avg (November) 0.2454

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.2364 0.2310 0.2340
February 0.2349 0.2220 0.2282
March 0.2320 0.2179 0.2238
April 0.2400 0.2281 0.2342
May 0.2423 0.2341 0.2380
June 0.2417 0.2309 0.2346
July 0.2501 0.2411 0.2455
August 0.2568 0.2504 0.2535
September 0.2607 0.2501 0.2546
October 0.2678 0.2555 0.2613
November 0.2767 0.2628 0.2687
December 0.2656 0.2380 0.2526