YEARLY HIGH
3.8276 MKD
YEARLY LOW
2.6761 MKD
YEARLY AVERAGE
3.3192 MKD

2017 ARS to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the ARS to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on April 13, valuing the pair at 3.8276. Conversely, the yearly low was recorded on December 31, dropping to 2.6761.

This high-to-low spread represents a total annual volatility of 1.1515 MKD. From a start-to-finish perspective, comparing the January average rate of 3.6429 to the December average rate of 2.9355, the exchange rate registered a net change of -19.42% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 3.8276 was down 12.37% compared to the 2016 peak of 4.3676, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 19,138 MKD
2016 Average 18,885 MKD
Yearly Trough Low 13,380 MKD
Transaction Impact: A difference of 5,757.30 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

3.8307
2.8541
JanuMarcMayJulySeptNove

ARS 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: JanтАУJun) was 3.6309, compared to 3.0076 in the second half (H2: JulтАУDec). This shows that the rate was stronger in the first half (JanтАУJun) by a margin of 0.6233 points.

H1 Avg (JanтАУJun) 3.6309
H2 Avg (JulтАУDec) 3.0076

Volatility Range Comparison

Volatility

The most volatile month in 2017 was December, with a trading range of 0.3595 MKD (High: 3.0356 / Low: 2.6761). On the other end, October was the most stable month, with a tight range of 0.0463 MKD (High: 3.0251 / Low: 2.9789).

December Spread (Volatile) ┬▒0.3595
October Spread (Stable) ┬▒0.0463

Growth Streaks & Declines

Trends

Between August and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.2973 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.2973

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2017: 3.7494) against the same month in 2016 (average: 3.7825), the exchange rate shifted by -0.0331 (-0.88%).

2017 Avg (April) 3.7494
2016 Avg (April) 3.7825

рдорд╛рд╕рд┐рдХ рд╡рд┐рд╢реНрд▓реЗрд╖рдг

рдкреНрд░рддреНрдпреЗрдХ рдХреЕрд▓реЗрдВрдбрд░ рдорд╣рд┐рдиреНрдпрд╛рд╕рд╛рдареА рд╕рд╛рдВрдЦреНрдпрд┐рдХреАрдп рд╕рд╛рд░рд╛рдВрд╢.

Month High Low Average
January 3.7079 3.5848 3.6429
February 3.7807 3.6213 3.7176
March 3.8143 3.6460 3.7173
April 3.8276 3.6463 3.7494
May 3.7016 3.3910 3.5469
June 3.4627 3.2457 3.4113
July 3.2775 2.9426 3.1140
August 3.0769 2.9341 2.9960
September 3.0411 2.9636 2.9991
October 3.0251 2.9789 3.0020
November 3.0331 2.9735 2.9990
December 3.0356 2.6761 2.9355