YEARLY HIGH
13.1785 MKD
YEARLY LOW
12.0347 MKD
YEARLY AVERAGE
12.7011 MKD

2017 MYR to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the MYR to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 2, valuing the pair at 13.1785. Conversely, the yearly low was recorded on August 29, dropping to 12.0347.

This high-to-low spread represents a total annual volatility of 1.1438 MKD. From a start-to-finish perspective, comparing the January average rate of 12.9799 to the December average rate of 12.7496, the exchange rate registered a net change of -1.77% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 13.1785 was down 6.44% compared to the 2016 peak of 14.0860, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 20,000 MYR based on timing:

Yearly Peak High 263,570 MKD
2016 Average 268,850 MKD
Yearly Trough Low 240,694 MKD
Transaction Impact: A difference of 22,875.77 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

13.1444
12.0954
JanuMarcMayJulySeptNove

MYR 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 12.9655, compared to 12.4366 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.5289 points.

H1 Avg (Jan–Jun) 12.9655
H2 Avg (Jul–Dec) 12.4366

Volatility Range Comparison

Volatility

The most volatile month in 2017 was July, with a trading range of 0.4343 MKD (High: 12.6403 / Low: 12.2060). On the other end, August was the most stable month, with a tight range of 0.2041 MKD (High: 12.2388 / Low: 12.0347).

July Spread (Volatile) ±0.4343
August Spread (Stable) ±0.2041

Growth Streaks & Declines

Trends

Between August and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.3817 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.3817

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2017: 12.9953) against the same month in 2016 (average: 13.6189), the exchange rate shifted by -0.6236 (-4.58%).

2017 Avg (March) 12.9953
2016 Avg (March) 13.6189

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 13.1558 12.8666 12.9799
February 13.1308 12.8992 13.0297
March 13.1785 12.8720 12.9953
April 13.1721 12.8666 13.0570
May 13.0903 12.7093 12.8960
June 12.9462 12.5667 12.8354
July 12.6403 12.2060 12.4537
August 12.2388 12.0347 12.1829
September 12.4240 12.1239 12.2652
October 12.5187 12.3059 12.3907
November 12.6999 12.4725 12.5777
December 12.8546 12.6205 12.7496