YEARLY HIGH
0.0721 PLN
YEARLY LOW
0.0676 PLN
YEARLY AVERAGE
0.0691 PLN

2017 MKD to PLN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the MKD to PLN exchange rate experienced significant fluctuation. The market reached its absolute peak on January 2, valuing the pair at 0.0721. Conversely, the yearly low was recorded on June 29, dropping to 0.0676.

This high-to-low spread represents a total annual volatility of 0.0045 PLN. From a start-to-finish perspective, comparing the January average rate of 0.0710 to the December average rate of 0.0682, the exchange rate registered a net change of -3.83% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.0721 was down 1.79% compared to the 2016 peak of 0.0734, 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 361 PLN
2016 Average 354 PLN
Yearly Trough Low 338 PLN
Transaction Impact: A difference of 22.40 PLN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.0712
0.0679
JanuMarcMayJulySeptNove

MKD to PLN 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 0.0693, compared to 0.0689 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0004 points.

H1 Avg (Jan–Jun) 0.0693
H2 Avg (Jul–Dec) 0.0689

Volatility Range Comparison

Volatility

The most volatile month in 2017 was March, with a trading range of 0.0020 PLN (High: 0.0703 / Low: 0.0684). On the other end, February was the most stable month, with a tight range of 0.0006 PLN (High: 0.0702 / Low: 0.0696).

March Spread (Volatile) ±0.0020
February Spread (Stable) ±0.0006

Growth Streaks & Declines

Trends

Between May and September, 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 January and February, when the average rate fell by 0.0010 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0010

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2017: 0.0710) against the same month in 2016 (average: 0.0715), the exchange rate shifted by -0.0005 (-0.76%).

2017 Avg (January) 0.0710
2016 Avg (January) 0.0715

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0721 0.0702 0.0710
February 0.0702 0.0696 0.0700
March 0.0703 0.0684 0.0695
April 0.0693 0.0682 0.0688
May 0.0690 0.0678 0.0682
June 0.0691 0.0676 0.0683
July 0.0693 0.0682 0.0688
August 0.0696 0.0685 0.0692
September 0.0702 0.0687 0.0694
October 0.0701 0.0687 0.0693
November 0.0690 0.0682 0.0687
December 0.0686 0.0679 0.0682