YEARLY HIGH
153.5218 MKD
YEARLY LOW
132.8950 MKD
YEARLY AVERAGE
141.8957 MKD

2017 OMR to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the OMR to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 153.5218. Conversely, the yearly low was recorded on September 10, dropping to 132.8950.

This high-to-low spread represents a total annual volatility of 20.6268 MKD. From a start-to-finish perspective, comparing the January average rate of 150.3181 to the December average rate of 135.0443, the exchange rate registered a net change of -10.16% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 153.5218 was down 0.27% compared to the 2016 peak of 153.9355, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 767,609 MKD
2016 Average 722,788 MKD
Yearly Trough Low 664,475 MKD
Transaction Impact: A difference of 103,133.88 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

151.9527
132.6103
JanuMarcMayJulySeptNove

OMR 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 147.8244, compared to 135.9671 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 11.8573 points.

H1 Avg (Jan–Jun) 147.8244
H2 Avg (Jul–Dec) 135.9671

Volatility Range Comparison

Volatility

The most volatile month in 2017 was January, with a trading range of 5.4447 MKD (High: 153.5218 / Low: 148.0770). On the other end, December was the most stable month, with a tight range of 3.0381 MKD (High: 136.1901 / Low: 133.1520).

January Spread (Volatile) ±5.4447
December Spread (Stable) ±3.0381

Growth Streaks & Declines

Trends

Between September and November, 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 April and May, when the average rate fell by 4.7188 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -4.7188

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2017: 150.3181) against the same month in 2016 (average: 147.1960), the exchange rate shifted by +3.1221 (+2.12%).

2017 Avg (January) 150.3181
2016 Avg (January) 147.1960

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 153.5218 148.0770 150.3181
February 151.7359 148.3723 150.3408
March 152.2445 147.8679 149.8099
April 150.9609 146.1043 149.2939
May 147.1887 142.2631 144.5751
June 143.6164 140.1108 142.6085
July 141.0116 135.7385 138.7252
August 136.5443 133.4092 135.5201
September 136.1826 132.8950 134.2222
October 137.8590 134.8131 136.1003
November 137.9910 134.0314 136.1905
December 136.1901 133.1520 135.0443