YEARLY HIGH
0.0393 MKD
YEARLY LOW
0.0338 MKD
YEARLY AVERAGE
0.0362 MKD

2017 LBP to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the LBP to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 0.0393. Conversely, the yearly low was recorded on September 10, dropping to 0.0338.

This high-to-low spread represents a total annual volatility of 0.0054 MKD. From a start-to-finish perspective, comparing the January average rate of 0.0384 to the December average rate of 0.0343, the exchange rate registered a net change of -10.66% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.0393 was down 0.08% compared to the 2016 peak of 0.0393, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 196 MKD
2016 Average 184 MKD
Yearly Trough Low 169 MKD
Transaction Impact: A difference of 27.18 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.0388
0.0338
JanuMarcMayJulySeptNove

LBP 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 0.0378, compared to 0.0347 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0031 points.

H1 Avg (Jan–Jun) 0.0378
H2 Avg (Jul–Dec) 0.0347

Volatility Range Comparison

Volatility

The most volatile month in 2017 was July, with a trading range of 0.0014 MKD (High: 0.0361 / Low: 0.0347). On the other end, October was the most stable month, with a tight range of 0.0007 MKD (High: 0.0350 / Low: 0.0344).

July Spread (Volatile) ±0.0014
October Spread (Stable) ±0.0007

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2017. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0012 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0012

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2017: 0.0384) against the same month in 2016 (average: 0.0375), the exchange rate shifted by +0.0009 (+2.31%).

2017 Avg (January) 0.0384
2016 Avg (January) 0.0375

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0393 0.0379 0.0384
February 0.0388 0.0378 0.0384
March 0.0390 0.0378 0.0383
April 0.0385 0.0373 0.0381
May 0.0376 0.0363 0.0369
June 0.0367 0.0358 0.0364
July 0.0361 0.0347 0.0355
August 0.0350 0.0339 0.0347
September 0.0348 0.0338 0.0342
October 0.0350 0.0344 0.0347
November 0.0352 0.0339 0.0347
December 0.0346 0.0339 0.0343