YEARLY HIGH
1.0342 MKD
YEARLY LOW
0.8589 MKD
YEARLY AVERAGE
0.9375 MKD

2017 RUB to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the RUB to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on April 17, valuing the pair at 1.0342. Conversely, the yearly low was recorded on August 3, dropping to 0.8589.

This high-to-low spread represents a total annual volatility of 0.1754 MKD. From a start-to-finish perspective, comparing the January average rate of 0.9667 to the December average rate of 0.8877, the exchange rate registered a net change of -8.17% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 1.0342 was up 6.04% compared to the 2016 peak of 0.9753, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 5,171 MKD
2016 Average 4,176 MKD
Yearly Trough Low 4,294 MKD
Transaction Impact: A difference of 876.85 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

1.0306
0.8648
JanuMarcMayJulySeptNove

RUB 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 0.9823, compared to 0.8928 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0895 points.

H1 Avg (Jan–Jun) 0.9823
H2 Avg (Jul–Dec) 0.8928

Volatility Range Comparison

Volatility

The most volatile month in 2017 was February, with a trading range of 0.0691 MKD (High: 1.0200 / Low: 0.9509). On the other end, October was the most stable month, with a tight range of 0.0169 MKD (High: 0.9143 / Low: 0.8974).

February Spread (Volatile) ±0.0691
October Spread (Stable) ±0.0169

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 June and July, when the average rate fell by 0.0507 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0507

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2017: 1.0168) against the same month in 2016 (average: 0.8176), the exchange rate shifted by +0.1991 (+24.35%).

2017 Avg (April) 1.0168
2016 Avg (April) 0.8176

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.9769 0.9469 0.9667
February 1.0200 0.9509 0.9909
March 1.0287 0.9798 0.9974
April 1.0342 0.9881 1.0168
May 0.9944 0.9609 0.9748
June 0.9730 0.9154 0.9473
July 0.9160 0.8744 0.8966
August 0.8913 0.8589 0.8786
September 0.9055 0.8834 0.8967
October 0.9143 0.8974 0.9076
November 0.9096 0.8669 0.8897
December 0.9012 0.8790 0.8877