2017 MKD to UZS Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2017.
2017 MKD to UZS Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2017
During 2017, the MKD to UZS exchange rate experienced significant fluctuation. The market reached its absolute peak on September 8, valuing the pair at 158.7610. Conversely, the yearly low was recorded on January 3, dropping to 53.9055.
This high-to-low spread represents a total annual volatility of 104.8555 UZS. From a start-to-finish perspective, comparing the January average rate of 55.9834 to the December average rate of 155.7239, the exchange rate registered a net change of 178.16% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2017 high of 158.7610 was up 182.51% compared to the 2016 peak of 56.1974, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 MKD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2017.
MKD to UZS Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 62.6128, compared to 127.4711 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 64.8582 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2017 was September, with a trading range of 77.8908 UZS (High: 158.7610 / Low: 80.8702). On the other end, February was the most stable month, with a tight range of 1.4688 UZS (High: 57.6908 / Low: 56.2220).
Growth Streaks & Declines
TrendsBetween January and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 11 straight months. No significant month-over-month rate declines were detected.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (September 2017: 146.6417) against the same month in 2016 (average: 54.4495), the exchange rate shifted by +92.1922 (+169.32%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 57.1809 | 53.9055 | 55.9834 |
| February | 57.6908 | 56.2220 | 56.9713 |
| March | 63.6891 | 56.4625 | 59.9867 |
| April | 66.2441 | 62.3083 | 63.7753 |
| May | 70.1333 | 65.7658 | 67.9365 |
| June | 73.1990 | 70.0696 | 71.0238 |
| July | 78.1723 | 72.6587 | 75.1025 |
| August | 81.3408 | 78.1250 | 79.3731 |
| September | 158.7610 | 80.8702 | 146.6417 |
| October | 155.0744 | 152.3422 | 153.9328 |
| November | 156.7985 | 151.7460 | 154.0524 |
| December | 158.1881 | 154.2669 | 155.7239 |