YEARLY HIGH
0.0195 USD
YEARLY LOW
0.0169 USD
YEARLY AVERAGE
0.0183 USD

2017 MKD to USD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the MKD to USD exchange rate experienced significant fluctuation. The market reached its absolute peak on September 8, valuing the pair at 0.0195. Conversely, the yearly low was recorded on January 3, dropping to 0.0169.

This high-to-low spread represents a total annual volatility of 0.0026 USD. From a start-to-finish perspective, comparing the January average rate of 0.0173 to the December average rate of 0.0192, the exchange rate registered a net change of 11.33% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.0195 was up 4.87% compared to the 2016 peak of 0.0186, 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 98 USD
2016 Average 90 USD
Yearly Trough Low 85 USD
Transaction Impact: A difference of 13.12 USD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.0196
0.0171
JanuMarcMayJulySeptNove

MKD to USD 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 0.0176, compared to 0.0191 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0015 points.

H1 Avg (Jan–Jun) 0.0176
H2 Avg (Jul–Dec) 0.0191

Volatility Range Comparison

Volatility

The most volatile month in 2017 was July, with a trading range of 0.0007 USD (High: 0.0191 / Low: 0.0184). On the other end, February was the most stable month, with a tight range of 0.0004 USD (High: 0.0175 / Low: 0.0171).

July Spread (Volatile) ±0.0007
February Spread (Stable) ±0.0004

Growth Streaks & Declines

Trends

Between February and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0003 points.

Longest Streak 7 Mo.
Sharpest MoM Drop -0.0003

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2017: 0.0193) against the same month in 2016 (average: 0.0182), the exchange rate shifted by +0.0011 (+6.29%).

2017 Avg (September) 0.0193
2016 Avg (September) 0.0182

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0175 0.0169 0.0173
February 0.0175 0.0171 0.0173
March 0.0176 0.0171 0.0173
April 0.0178 0.0172 0.0174
May 0.0183 0.0176 0.0180
June 0.0185 0.0181 0.0182
July 0.0191 0.0184 0.0187
August 0.0195 0.0190 0.0192
September 0.0195 0.0191 0.0193
October 0.0193 0.0189 0.0191
November 0.0194 0.0188 0.0191
December 0.0195 0.0191 0.0192