YEARLY HIGH
0.2038 BWP
YEARLY LOW
0.1769 BWP
YEARLY AVERAGE
0.1897 BWP

2017 MKD to BWP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the MKD to BWP exchange rate experienced significant fluctuation. The market reached its absolute peak on November 15, valuing the pair at 0.2038. Conversely, the yearly low was recorded on March 27, dropping to 0.1769.

This high-to-low spread represents a total annual volatility of 0.0269 BWP. From a start-to-finish perspective, comparing the January average rate of 0.1829 to the December average rate of 0.1954, the exchange rate registered a net change of 6.80% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.2038 was down 1.76% compared to the 2016 peak of 0.2075, 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 1,019 BWP
2016 Average 979 BWP
Yearly Trough Low 884 BWP
Transaction Impact: A difference of 134.66 BWP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.2027
0.1771
JanuMarcMayJulySeptNove

MKD to BWP 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 0.1830, compared to 0.1963 in the second half (H2: JulтАУDec). This shows that the rate was stronger in the second half (JulтАУDec) by a margin of 0.0134 points.

H1 Avg (JanтАУJun) 0.1830
H2 Avg (JulтАУDec) 0.1963

Volatility Range Comparison

Volatility

The most volatile month in 2017 was December, with a trading range of 0.0092 BWP (High: 0.2001 / Low: 0.1909). On the other end, August was the most stable month, with a tight range of 0.0026 BWP (High: 0.1970 / Low: 0.1944).

December Spread (Volatile) ┬▒0.0092
August Spread (Stable) ┬▒0.0026

Growth Streaks & Declines

Trends

Between June and November, 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 November and December, when the average rate fell by 0.0052 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0052

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2017: 0.2006) against the same month in 2016 (average: 0.1879), the exchange rate shifted by +0.0127 (+6.74%).

2017 Avg (November) 0.2006
2016 Avg (November) 0.1879

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 0.1840 0.1810 0.1829
February 0.1839 0.1776 0.1806
March 0.1821 0.1769 0.1792
April 0.1849 0.1807 0.1829
May 0.1889 0.1846 0.1863
June 0.1894 0.1848 0.1859
July 0.1936 0.1894 0.1916
August 0.1970 0.1944 0.1957
September 0.1988 0.1951 0.1967
October 0.1996 0.1961 0.1981
November 0.2038 0.1988 0.2006
December 0.2001 0.1909 0.1954