2017 MKD to PYG Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2017.
2017 MKD to PYG Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2017
During 2017, the MKD to PYG exchange rate experienced significant fluctuation. The market reached its absolute peak on September 7, valuing the pair at 111.6937. Conversely, the yearly low was recorded on March 7, dropping to 92.8481.
This high-to-low spread represents a total annual volatility of 18.8456 PYG. From a start-to-finish perspective, comparing the January average rate of 99.1418 to the December average rate of 108.8570, the exchange rate registered a net change of 9.80% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2017 high of 111.6937 was up 4.69% compared to the 2016 peak of 106.6939, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 MKD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2017.
MKD to PYG Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 98.9548, compared to 107.7074 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 8.7526 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2017 was March, with a trading range of 7.1603 PYG (High: 100.0084 / Low: 92.8481). On the other end, December was the most stable month, with a tight range of 1.9788 PYG (High: 109.9962 / Low: 108.0174).
Growth Streaks & Declines
TrendsBetween March and September, 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 February and March, when the average rate fell by 3.0827 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (September 2017: 110.0122) against the same month in 2016 (average: 101.1187), the exchange rate shifted by +8.8935 (+8.80%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 100.6869 | 96.9084 | 99.1418 |
| February | 100.6698 | 96.0599 | 98.7751 |
| March | 100.0084 | 92.8481 | 95.6924 |
| April | 100.1599 | 93.2326 | 97.4203 |
| May | 103.4013 | 98.5036 | 101.0847 |
| June | 103.2231 | 100.6484 | 101.6148 |
| July | 105.8237 | 102.0024 | 103.6937 |
| August | 110.9331 | 105.4377 | 107.0797 |
| September | 111.6937 | 108.1242 | 110.0122 |
| October | 109.5543 | 106.6048 | 108.3029 |
| November | 110.2774 | 106.6831 | 108.2990 |
| December | 109.9962 | 108.0174 | 108.8570 |