YEARLY HIGH
0.1455 SRD
YEARLY LOW
0.1257 SRD
YEARLY AVERAGE
0.1373 SRD

2017 MKD to SRD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the MKD to SRD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 0.1455. Conversely, the yearly low was recorded on January 3, dropping to 0.1257.

This high-to-low spread represents a total annual volatility of 0.0198 SRD. From a start-to-finish perspective, comparing the January average rate of 0.1290 to the December average rate of 0.1434, the exchange rate registered a net change of 11.14% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.1455 was up 2.84% compared to the 2016 peak of 0.1415, 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 728 SRD
2016 Average 551 SRD
Yearly Trough Low 629 SRD
Transaction Impact: A difference of 98.86 SRD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.1454
0.1275
JanuMarcMayJulySeptNove

MKD to SRD 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 0.1323, compared to 0.1423 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0101 points.

H1 Avg (Jan–Jun) 0.1323
H2 Avg (Jul–Dec) 0.1423

Volatility Range Comparison

Volatility

The most volatile month in 2017 was January, with a trading range of 0.0060 SRD (High: 0.1318 / Low: 0.1257). On the other end, February was the most stable month, with a tight range of 0.0027 SRD (High: 0.1318 / Low: 0.1291).

January Spread (Volatile) ±0.0060
February Spread (Stable) ±0.0027

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 0.0018 points.

Longest Streak 8 Mo.
Sharpest MoM Drop -0.0018

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2017: 0.1434) against the same month in 2016 (average: 0.1261), the exchange rate shifted by +0.0173 (+13.69%).

2017 Avg (December) 0.1434
2016 Avg (December) 0.1261

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1318 0.1257 0.1290
February 0.1318 0.1291 0.1302
March 0.1326 0.1287 0.1308
April 0.1342 0.1295 0.1312
May 0.1375 0.1330 0.1354
June 0.1390 0.1360 0.1369
July 0.1427 0.1380 0.1400
August 0.1448 0.1415 0.1425
September 0.1454 0.1418 0.1439
October 0.1435 0.1404 0.1421
November 0.1443 0.1402 0.1421
December 0.1455 0.1422 0.1434