YEARLY HIGH
0.0485 TND
YEARLY LOW
0.0392 TND
YEARLY AVERAGE
0.0442 TND

2017 MKD to TND Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the MKD to TND exchange rate experienced significant fluctuation. The market reached its absolute peak on December 28, valuing the pair at 0.0485. Conversely, the yearly low was recorded on March 11, dropping to 0.0392.

This high-to-low spread represents a total annual volatility of 0.0093 TND. From a start-to-finish perspective, comparing the January average rate of 0.0398 to the December average rate of 0.0479, the exchange rate registered a net change of 20.22% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.0485 was up 20.43% compared to the 2016 peak of 0.0403, 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 243 TND
2016 Average 193 TND
Yearly Trough Low 196 TND
Transaction Impact: A difference of 46.35 TND purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.0487
0.0387
JanuMarcMayJulySeptNove

MKD to TND 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 0.0414, compared to 0.0471 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0057 points.

H1 Avg (Jan–Jun) 0.0414
H2 Avg (Jul–Dec) 0.0471

Volatility Range Comparison

Volatility

The most volatile month in 2017 was April, with a trading range of 0.0042 TND (High: 0.0436 / Low: 0.0394). On the other end, October was the most stable month, with a tight range of 0.0006 TND (High: 0.0478 / Low: 0.0472).

April Spread (Volatile) ±0.0042
October Spread (Stable) ±0.0006

Growth Streaks & Declines

Trends

Between February and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 10 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0003 points.

Longest Streak 10 Mo.
Sharpest MoM Drop -0.0003

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2017: 0.0479) against the same month in 2016 (average: 0.0396), the exchange rate shifted by +0.0083 (+20.97%).

2017 Avg (December) 0.0479
2016 Avg (December) 0.0396

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0402 0.0393 0.0398
February 0.0404 0.0393 0.0395
March 0.0403 0.0392 0.0396
April 0.0436 0.0394 0.0410
May 0.0445 0.0423 0.0436
June 0.0457 0.0441 0.0447
July 0.0467 0.0449 0.0457
August 0.0472 0.0457 0.0465
September 0.0479 0.0470 0.0474
October 0.0478 0.0472 0.0474
November 0.0483 0.0471 0.0476
December 0.0485 0.0475 0.0479