YEARLY HIGH
0.1715 SVC
YEARLY LOW
0.1479 SVC
YEARLY AVERAGE
0.1604 SVC

2017 MKD to SVC Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the MKD to SVC exchange rate experienced significant fluctuation. The market reached its absolute peak on September 8, valuing the pair at 0.1715. Conversely, the yearly low was recorded on January 3, dropping to 0.1479.

This high-to-low spread represents a total annual volatility of 0.0236 SVC. From a start-to-finish perspective, comparing the January average rate of 0.1512 to the December average rate of 0.1684, the exchange rate registered a net change of 11.38% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.1715 was up 5.31% compared to the 2016 peak of 0.1628, 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 857 SVC
2016 Average 786 SVC
Yearly Trough Low 739 SVC
Transaction Impact: A difference of 118.03 SVC purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.1713
0.1493
JanuMarcMayJulySeptNove

MKD to SVC 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 0.1538, compared to 0.1671 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0134 points.

H1 Avg (Jan–Jun) 0.1538
H2 Avg (Jul–Dec) 0.1671

Volatility Range Comparison

Volatility

The most volatile month in 2017 was August, with a trading range of 0.0058 SVC (High: 0.1714 / Low: 0.1656). On the other end, December was the most stable month, with a tight range of 0.0031 SVC (High: 0.1705 / Low: 0.1673).

August Spread (Volatile) ±0.0058
December Spread (Stable) ±0.0031

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 0.0024 points.

Longest Streak 8 Mo.
Sharpest MoM Drop -0.0024

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2017: 0.1694) against the same month in 2016 (average: 0.1592), the exchange rate shifted by +0.0102 (+6.43%).

2017 Avg (September) 0.1694
2016 Avg (September) 0.1592

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1529 0.1479 0.1512
February 0.1535 0.1499 0.1512
March 0.1537 0.1489 0.1516
April 0.1555 0.1506 0.1523
May 0.1595 0.1544 0.1571
June 0.1619 0.1583 0.1592
July 0.1664 0.1610 0.1635
August 0.1714 0.1656 0.1675
September 0.1715 0.1668 0.1694
October 0.1684 0.1652 0.1671
November 0.1697 0.1646 0.1668
December 0.1705 0.1673 0.1684