YEARLY HIGH
6.5365 MKD
YEARLY LOW
6.1506 MKD
YEARLY AVERAGE
6.3943 MKD

2017 SEK to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the SEK to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 1, valuing the pair at 6.5365. Conversely, the yearly low was recorded on December 11, dropping to 6.1506.

This high-to-low spread represents a total annual volatility of 0.3859 MKD. From a start-to-finish perspective, comparing the January average rate of 6.4693 to the December average rate of 6.2036, the exchange rate registered a net change of -4.11% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 6.5365 was down 4.60% compared to the 2016 peak of 6.8520, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 32,682 MKD
2016 Average 32,528 MKD
Yearly Trough Low 30,753 MKD
Transaction Impact: A difference of 1,929.62 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

6.5243
6.1745
JanuMarcMayJulySeptNove

SEK 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 6.4199, compared to 6.3687 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0512 points.

H1 Avg (Jan–Jun) 6.4199
H2 Avg (Jul–Dec) 6.3687

Volatility Range Comparison

Volatility

The most volatile month in 2017 was June, with a trading range of 0.1945 MKD (High: 6.4803 / Low: 6.2859). On the other end, March was the most stable month, with a tight range of 0.0630 MKD (High: 6.5000 / Low: 6.4370).

June Spread (Volatile) ±0.1945
March Spread (Stable) ±0.0630

Growth Streaks & Declines

Trends

Between June and September, 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 October and November, when the average rate fell by 0.1493 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.1493

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2017: 6.4952) against the same month in 2016 (average: 6.5461), the exchange rate shifted by -0.0509 (-0.78%).

2017 Avg (February) 6.4952
2016 Avg (February) 6.5461

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 6.5202 6.4095 6.4693
February 6.5365 6.4166 6.4952
March 6.5000 6.4370 6.4703
April 6.4945 6.3785 6.4149
May 6.4014 6.2867 6.3440
June 6.4803 6.2859 6.3259
July 6.4740 6.3502 6.4281
August 6.5316 6.4015 6.4583
September 6.5070 6.3973 6.4583
October 6.4678 6.3090 6.4066
November 6.3381 6.1735 6.2572
December 6.2678 6.1506 6.2036