2017 MKD to ZMK Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2017.
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.
Comparing the value generated converting 5,000 MKD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2017.
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)
SeasonalThe 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.
Volatility Range Comparison
VolatilityThe 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).
Growth Streaks & Declines
TrendsBetween 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.
Same-Month Historical Baseline
YoY BaselineComparing 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%).
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 |