YEARLY HIGH
0.6009 NIO
YEARLY LOW
0.4979 NIO
YEARLY AVERAGE
0.5503 NIO

2017 MKD to NIO Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the MKD to NIO exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 0.6009. Conversely, the yearly low was recorded on January 3, dropping to 0.4979.

This high-to-low spread represents a total annual volatility of 0.1030 NIO. From a start-to-finish perspective, comparing the January average rate of 0.5081 to the December average rate of 0.5930, the exchange rate registered a net change of 16.72% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.6009 was up 13.01% compared to the 2016 peak of 0.5317, 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 3,005 NIO
2016 Average 2,570 NIO
Yearly Trough Low 2,489 NIO
Transaction Impact: A difference of 515.23 NIO purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.6015
0.4996
JanuMarcMayJulySeptNove

MKD to NIO 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 0.5203, compared to 0.5804 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0601 points.

H1 Avg (Jan–Jun) 0.5203
H2 Avg (Jul–Dec) 0.5804

Volatility Range Comparison

Volatility

The most volatile month in 2017 was September, with a trading range of 0.0225 NIO (High: 0.5995 / Low: 0.5769). On the other end, October was the most stable month, with a tight range of 0.0124 NIO (High: 0.5905 / Low: 0.5781).

September Spread (Volatile) ±0.0225
October Spread (Stable) ±0.0124

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 0.0044 points.

Longest Streak 8 Mo.
Sharpest MoM Drop -0.0044

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2017: 0.5930) against the same month in 2016 (average: 0.5018), the exchange rate shifted by +0.0912 (+18.17%).

2017 Avg (December) 0.5930
2016 Avg (December) 0.5018

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.5152 0.4979 0.5081
February 0.5172 0.5041 0.5099
March 0.5199 0.5050 0.5126
April 0.5257 0.5097 0.5151
May 0.5430 0.5242 0.5340
June 0.5530 0.5352 0.5422
July 0.5735 0.5519 0.5610
August 0.5849 0.5647 0.5732
September 0.5995 0.5769 0.5866
October 0.5905 0.5781 0.5822
November 0.5964 0.5786 0.5863
December 0.6009 0.5877 0.5930