YEARLY HIGH
11.4685 SOS
YEARLY LOW
9.7891 SOS
YEARLY AVERAGE
10.6207 SOS

2017 MKD to SOS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the MKD to SOS exchange rate experienced significant fluctuation. The market reached its absolute peak on August 29, valuing the pair at 11.4685. Conversely, the yearly low was recorded on January 3, dropping to 9.7891.

This high-to-low spread represents a total annual volatility of 1.6794 SOS. From a start-to-finish perspective, comparing the January average rate of 9.9843 to the December average rate of 11.1569, the exchange rate registered a net change of 11.74% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 11.4685 was up 0.81% compared to the 2016 peak of 11.3761, 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 57,343 SOS
2016 Average 53,356 SOS
Yearly Trough Low 48,946 SOS
Transaction Impact: A difference of 8,396.97 SOS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

11.3673
9.8586
JanuMarcMayJulySeptNove

MKD to SOS 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 10.1726, compared to 11.0687 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.8961 points.

H1 Avg (Jan–Jun) 10.1726
H2 Avg (Jul–Dec) 11.0687

Volatility Range Comparison

Volatility

The most volatile month in 2017 was August, with a trading range of 0.5205 SOS (High: 11.4685 / Low: 10.9480). On the other end, June was the most stable month, with a tight range of 0.2439 SOS (High: 10.7023 / Low: 10.4583).

August Spread (Volatile) ±0.5205
June Spread (Stable) ±0.2439

Growth Streaks & Declines

Trends

Between January and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.1818 points.

Longest Streak 8 Mo.
Sharpest MoM Drop -0.1818

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2017: 11.0868) against the same month in 2016 (average: 10.6011), the exchange rate shifted by +0.4858 (+4.58%).

2017 Avg (August) 11.0868
2016 Avg (August) 10.6011

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 10.1190 9.7891 9.9843
February 10.2013 9.8626 10.0029
March 10.1972 9.8392 10.0221
April 10.2780 9.9838 10.0811
May 10.6858 10.2023 10.3965
June 10.7023 10.4583 10.5489
July 11.0149 10.5935 10.8190
August 11.4685 10.9480 11.0868
September 11.4086 11.0284 11.2416
October 11.2267 10.9302 11.0598
November 11.4012 10.8900 11.0482
December 11.4241 11.0255 11.1569