YEARLY HIGH
0.0242 MKD
YEARLY LOW
0.0208 MKD
YEARLY AVERAGE
0.0224 MKD

2017 MNT to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the MNT to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on April 16, valuing the pair at 0.0242. Conversely, the yearly low was recorded on September 19, dropping to 0.0208.

This high-to-low spread represents a total annual volatility of 0.0034 MKD. From a start-to-finish perspective, comparing the January average rate of 0.0233 to the December average rate of 0.0214, the exchange rate registered a net change of -8.22% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.0242 was down 15.92% compared to the 2016 peak of 0.0288, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 MNT based on timing:

Yearly Peak High 121 MKD
2016 Average 131 MKD
Yearly Trough Low 104 MKD
Transaction Impact: A difference of 16.81 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.0241
0.0209
JanuMarcMayJulySeptNove

MNT to MKD 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 0.0234, compared to 0.0215 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0019 points.

H1 Avg (Jan–Jun) 0.0234
H2 Avg (Jul–Dec) 0.0215

Volatility Range Comparison

Volatility

The most volatile month in 2017 was July, with a trading range of 0.0016 MKD (High: 0.0231 / Low: 0.0214). On the other end, December was the most stable month, with a tight range of 0.0004 MKD (High: 0.0215 / Low: 0.0212).

July Spread (Volatile) ±0.0016
December Spread (Stable) ±0.0004

Growth Streaks & Declines

Trends

Between January and April, 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 July and August, when the average rate fell by 0.0009 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0009

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2017: 0.0238) against the same month in 2016 (average: 0.0271), the exchange rate shifted by -0.0033 (-12.08%).

2017 Avg (April) 0.0238
2016 Avg (April) 0.0271

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0238 0.0230 0.0233
February 0.0236 0.0232 0.0234
March 0.0237 0.0232 0.0235
April 0.0242 0.0233 0.0238
May 0.0235 0.0227 0.0231
June 0.0235 0.0228 0.0232
July 0.0231 0.0214 0.0223
August 0.0216 0.0211 0.0214
September 0.0214 0.0208 0.0211
October 0.0216 0.0211 0.0214
November 0.0217 0.0211 0.0214
December 0.0215 0.0212 0.0214