YEARLY HIGH
0.0495 WST
YEARLY LOW
0.0428 WST
YEARLY AVERAGE
0.0464 WST

2017 MKD to WST Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the MKD to WST exchange rate experienced significant fluctuation. The market reached its absolute peak on November 27, valuing the pair at 0.0495. Conversely, the yearly low was recorded on March 1, dropping to 0.0428.

This high-to-low spread represents a total annual volatility of 0.0067 WST. From a start-to-finish perspective, comparing the January average rate of 0.0443 to the December average rate of 0.0490, the exchange rate registered a net change of 10.52% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.0495 was up 2.94% compared to the 2016 peak of 0.0481, 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 247 WST
2016 Average 229 WST
Yearly Trough Low 214 WST
Transaction Impact: A difference of 33.47 WST purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.0495
0.0432
JanuMarcMayJulySeptNove

MKD to WST 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 0.0448, compared to 0.0479 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0031 points.

H1 Avg (Jan–Jun) 0.0448
H2 Avg (Jul–Dec) 0.0479

Volatility Range Comparison

Volatility

The most volatile month in 2017 was March, with a trading range of 0.0024 WST (High: 0.0452 / Low: 0.0428). On the other end, December was the most stable month, with a tight range of 0.0010 WST (High: 0.0494 / Low: 0.0484).

March Spread (Volatile) ±0.0024
December Spread (Stable) ±0.0010

Growth Streaks & Declines

Trends

Between February and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0006 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0006

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2017: 0.0485) against the same month in 2016 (average: 0.0443), the exchange rate shifted by +0.0041 (+9.25%).

2017 Avg (November) 0.0485
2016 Avg (November) 0.0443

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0448 0.0436 0.0443
February 0.0447 0.0430 0.0438
March 0.0452 0.0428 0.0441
April 0.0457 0.0438 0.0446
May 0.0469 0.0451 0.0461
June 0.0468 0.0453 0.0461
July 0.0477 0.0460 0.0467
August 0.0484 0.0463 0.0472
September 0.0489 0.0473 0.0482
October 0.0486 0.0474 0.0480
November 0.0495 0.0475 0.0485
December 0.0494 0.0484 0.0490