YEARLY HIGH
0.1539 SBD
YEARLY LOW
0.1325 SBD
YEARLY AVERAGE
0.1433 SBD

2017 MKD to SBD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the MKD to SBD exchange rate experienced significant fluctuation. The market reached its absolute peak on November 24, valuing the pair at 0.1539. Conversely, the yearly low was recorded on March 1, dropping to 0.1325.

This high-to-low spread represents a total annual volatility of 0.0214 SBD. From a start-to-finish perspective, comparing the January average rate of 0.1358 to the December average rate of 0.1496, the exchange rate registered a net change of 10.18% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.1539 was up 2.90% compared to the 2016 peak of 0.1496, 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 769 SBD
2016 Average 711 SBD
Yearly Trough Low 663 SBD
Transaction Impact: A difference of 106.89 SBD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.1518
0.1329
JanuMarcMayJulySeptNove

MKD to SBD 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 0.1377, compared to 0.1488 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0112 points.

H1 Avg (Jan–Jun) 0.1377
H2 Avg (Jul–Dec) 0.1488

Volatility Range Comparison

Volatility

The most volatile month in 2017 was November, with a trading range of 0.0072 SBD (High: 0.1539 / Low: 0.1467). On the other end, January was the most stable month, with a tight range of 0.0028 SBD (High: 0.1371 / Low: 0.1343).

November Spread (Volatile) ±0.0072
January Spread (Stable) ±0.0028

Growth Streaks & Declines

Trends

Between February and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0013 points.

Longest Streak 7 Mo.
Sharpest MoM Drop -0.0013

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2017: 0.1493) against the same month in 2016 (average: 0.1388), the exchange rate shifted by +0.0106 (+7.61%).

2017 Avg (November) 0.1493
2016 Avg (November) 0.1388

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1371 0.1343 0.1358
February 0.1366 0.1332 0.1344
March 0.1368 0.1325 0.1347
April 0.1394 0.1335 0.1360
May 0.1447 0.1384 0.1415
June 0.1459 0.1411 0.1435
July 0.1488 0.1447 0.1465
August 0.1518 0.1464 0.1484
September 0.1522 0.1486 0.1502
October 0.1505 0.1472 0.1491
November 0.1539 0.1467 0.1493
December 0.1515 0.1483 0.1496