YEARLY HIGH
0.1626 SEK
YEARLY LOW
0.1530 SEK
YEARLY AVERAGE
0.1564 SEK

2017 MKD to SEK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the MKD to SEK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 11, valuing the pair at 0.1626. Conversely, the yearly low was recorded on February 1, dropping to 0.1530.

This high-to-low spread represents a total annual volatility of 0.0096 SEK. From a start-to-finish perspective, comparing the January average rate of 0.1546 to the December average rate of 0.1612, the exchange rate registered a net change of 4.28% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.1626 was up 0.38% compared to the 2016 peak of 0.1620, 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 813 SEK
2016 Average 769 SEK
Yearly Trough Low 765 SEK
Transaction Impact: A difference of 48.00 SEK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.1619
0.1532
JanuMarcMayJulySeptNove

MKD to SEK 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 0.1558, compared to 0.1571 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0013 points.

H1 Avg (Jan–Jun) 0.1558
H2 Avg (Jul–Dec) 0.1571

Volatility Range Comparison

Volatility

The most volatile month in 2017 was June, with a trading range of 0.0048 SEK (High: 0.1591 / Low: 0.1543). On the other end, March was the most stable month, with a tight range of 0.0015 SEK (High: 0.1554 / Low: 0.1538).

June Spread (Volatile) ±0.0048
March Spread (Stable) ±0.0015

Growth Streaks & Declines

Trends

Between February and June, 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 June and July, when the average rate fell by 0.0025 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0025

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2017: 0.1612) against the same month in 2016 (average: 0.1578), the exchange rate shifted by +0.0034 (+2.16%).

2017 Avg (December) 0.1612
2016 Avg (December) 0.1578

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1560 0.1534 0.1546
February 0.1558 0.1530 0.1540
March 0.1554 0.1538 0.1546
April 0.1568 0.1540 0.1559
May 0.1591 0.1562 0.1576
June 0.1591 0.1543 0.1581
July 0.1575 0.1545 0.1556
August 0.1562 0.1531 0.1548
September 0.1563 0.1537 0.1548
October 0.1585 0.1546 0.1561
November 0.1620 0.1578 0.1598
December 0.1626 0.1595 0.1612