YEARLY HIGH
0.5485 UAH
YEARLY LOW
0.4534 UAH
YEARLY AVERAGE
0.4877 UAH

2017 MKD to UAH Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the MKD to UAH exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 0.5485. Conversely, the yearly low was recorded on January 5, dropping to 0.4534.

This high-to-low spread represents a total annual volatility of 0.0951 UAH. From a start-to-finish perspective, comparing the January average rate of 0.4708 to the December average rate of 0.5299, the exchange rate registered a net change of 12.56% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.5485 was up 12.51% compared to the 2016 peak of 0.4875, 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 2,742 UAH
2016 Average 2,296 UAH
Yearly Trough Low 2,267 UAH
Transaction Impact: A difference of 475.27 UAH purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.5362
0.4607
JanuMarcMayJulySeptNove

MKD to UAH 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 0.4704, compared to 0.5050 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0346 points.

H1 Avg (Jan–Jun) 0.4704
H2 Avg (Jul–Dec) 0.5050

Volatility Range Comparison

Volatility

The most volatile month in 2017 was December, with a trading range of 0.0317 UAH (High: 0.5485 / Low: 0.5168). On the other end, October was the most stable month, with a tight range of 0.0080 UAH (High: 0.5124 / Low: 0.5044).

December Spread (Volatile) ±0.0317
October Spread (Stable) ±0.0080

Growth Streaks & Declines

Trends

Between April and December, 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 January and February, when the average rate fell by 0.0028 points.

Longest Streak 8 Mo.
Sharpest MoM Drop -0.0028

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2017: 0.5299) against the same month in 2016 (average: 0.4501), the exchange rate shifted by +0.0798 (+17.73%).

2017 Avg (December) 0.5299
2016 Avg (December) 0.4501

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.4802 0.4534 0.4708
February 0.4734 0.4618 0.4679
March 0.4785 0.4587 0.4675
April 0.4716 0.4631 0.4670
May 0.4810 0.4668 0.4742
June 0.4825 0.4708 0.4748
July 0.4929 0.4792 0.4851
August 0.4985 0.4839 0.4905
September 0.5108 0.4972 0.5066
October 0.5124 0.5044 0.5087
November 0.5218 0.5011 0.5089
December 0.5485 0.5168 0.5299