YEARLY HIGH
0.0137 XDR
YEARLY LOW
0.0127 XDR
YEARLY AVERAGE
0.0132 XDR

2017 MKD to XDR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the MKD to XDR exchange rate experienced significant fluctuation. The market reached its absolute peak on November 24, valuing the pair at 0.0137. Conversely, the yearly low was recorded on February 24, dropping to 0.0127.

This high-to-low spread represents a total annual volatility of 0.0011 XDR. From a start-to-finish perspective, comparing the January average rate of 0.0128 to the December average rate of 0.0136, the exchange rate registered a net change of 6.27% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.0137 was up 4.39% compared to the 2016 peak of 0.0132, 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 69 XDR
2016 Average 65 XDR
Yearly Trough Low 63 XDR
Transaction Impact: A difference of 5.38 XDR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.0137
0.0127
JanuMarcMayJulySeptNove

MKD to XDR 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 0.0129, compared to 0.0135 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0007 points.

H1 Avg (Jan–Jun) 0.0129
H2 Avg (Jul–Dec) 0.0135

Volatility Range Comparison

Volatility

The most volatile month in 2017 was July, with a trading range of 0.0003 XDR (High: 0.0136 / Low: 0.0133). On the other end, August was the most stable month, with a tight range of 0.0002 XDR (High: 0.0137 / Low: 0.0135).

July Spread (Volatile) ±0.0003
August Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

Between April and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0001 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2017: 0.0135) against the same month in 2016 (average: 0.0128), the exchange rate shifted by +0.0007 (+5.45%).

2017 Avg (November) 0.0135
2016 Avg (November) 0.0128

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0129 0.0127 0.0128
February 0.0129 0.0127 0.0127
March 0.0129 0.0127 0.0128
April 0.0130 0.0127 0.0128
May 0.0132 0.0129 0.0131
June 0.0133 0.0131 0.0132
July 0.0136 0.0133 0.0134
August 0.0137 0.0135 0.0136
September 0.0137 0.0135 0.0136
October 0.0136 0.0134 0.0135
November 0.0137 0.0134 0.0135
December 0.0137 0.0135 0.0136