YEARLY HIGH
93.6476 ZMK
YEARLY LOW
0.0171 ZMK
YEARLY AVERAGE
27.5534 ZMK

2017 MKD to ZMK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the MKD to ZMK exchange rate experienced significant fluctuation. The market reached its absolute peak on May 7, valuing the pair at 93.6476. Conversely, the yearly low was recorded on January 10, dropping to 0.0171.

This high-to-low spread represents a total annual volatility of 93.6304 ZMK. From a start-to-finish perspective, comparing the January average rate of 70.2136 to the December average rate of 0.0192, the exchange rate registered a net change of -99.97% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 93.6476 was down 4.32% compared to the 2016 peak of 97.8802, 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 468,238 ZMK
2016 Average 471,956 ZMK
Yearly Trough Low 86 ZMK
Transaction Impact: A difference of 468,152.13 ZMK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

100.4839
-9.1150
JanuMarcMayJulySeptNove

MKD to ZMK 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 55.0876, compared to 0.0191 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 55.0685 points.

H1 Avg (Jan–Jun) 55.0876
H2 Avg (Jul–Dec) 0.0191

Volatility Range Comparison

Volatility

The most volatile month in 2017 was May, with a trading range of 93.6298 ZMK (High: 93.6476 / Low: 0.0178). On the other end, October was the most stable month, with a tight range of 0.0004 ZMK (High: 0.0193 / Low: 0.0189).

May Spread (Volatile) ±93.6298
October Spread (Stable) ±0.0004

Growth Streaks & Declines

Trends

Between June and September, 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 April and May, when the average rate fell by 52.2556 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -52.2556

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2017: 39.0950) against the same month in 2016 (average: 96.2250), the exchange rate shifted by -57.1300 (-59.37%).

2017 Avg (May) 39.0950
2016 Avg (May) 96.2250

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 92.1673 0.0171 70.2136
February 91.9181 0.0172 38.7819
March 92.2806 89.6173 91.0662
April 93.3938 90.3341 91.3507
May 93.6476 0.0178 39.0950
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