YEARLY HIGH
0.0758 RON
YEARLY LOW
0.0728 RON
YEARLY AVERAGE
0.0742 RON

2017 MKD to RON Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the MKD to RON exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 0.0758. Conversely, the yearly low was recorded on June 29, dropping to 0.0728.

This high-to-low spread represents a total annual volatility of 0.0030 RON. From a start-to-finish perspective, comparing the January average rate of 0.0732 to the December average rate of 0.0753, the exchange rate registered a net change of 2.90% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.0758 was up 2.61% compared to the 2016 peak of 0.0739, 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 379 RON
2016 Average 365 RON
Yearly Trough Low 364 RON
Transaction Impact: A difference of 14.98 RON purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.0755
0.0730
JanuMarcMayJulySeptNove

MKD to RON 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 0.0737, compared to 0.0747 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0010 points.

H1 Avg (Jan–Jun) 0.0737
H2 Avg (Jul–Dec) 0.0747

Volatility Range Comparison

Volatility

The most volatile month in 2017 was June, with a trading range of 0.0019 RON (High: 0.0747 / Low: 0.0728). On the other end, September was the most stable month, with a tight range of 0.0004 RON (High: 0.0749 / Low: 0.0745).

June Spread (Volatile) ±0.0019
September Spread (Stable) ±0.0004

Growth Streaks & Declines

Trends

Between January and March, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0002 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2017: 0.0753) against the same month in 2016 (average: 0.0734), the exchange rate shifted by +0.0019 (+2.58%).

2017 Avg (December) 0.0753
2016 Avg (December) 0.0734

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0741 0.0729 0.0732
February 0.0737 0.0729 0.0733
March 0.0741 0.0732 0.0737
April 0.0740 0.0732 0.0736
May 0.0744 0.0735 0.0740
June 0.0747 0.0728 0.0742
July 0.0747 0.0736 0.0741
August 0.0747 0.0738 0.0743
September 0.0749 0.0745 0.0747
October 0.0749 0.0742 0.0745
November 0.0756 0.0745 0.0752
December 0.0758 0.0750 0.0753