YEARLY HIGH
29.5607 MKD
YEARLY LOW
25.5829 MKD
YEARLY AVERAGE
27.3185 MKD

2017 BBD to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the BBD to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 29.5607. Conversely, the yearly low was recorded on September 10, dropping to 25.5829.

This high-to-low spread represents a total annual volatility of 3.9777 MKD. From a start-to-finish perspective, comparing the January average rate of 28.9325 to the December average rate of 25.9934, 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 29.5607 was down 0.11% compared to the 2016 peak of 29.5940, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 147,803 MKD
2016 Average 139,121 MKD
Yearly Trough Low 127,915 MKD
Transaction Impact: A difference of 19,888.58 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

29.2585
25.5307
JanuMarcMayJulySeptNove

BBD 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 28.4607, compared to 26.1762 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 2.2845 points.

H1 Avg (Jan–Jun) 28.4607
H2 Avg (Jul–Dec) 26.1762

Volatility Range Comparison

Volatility

The most volatile month in 2017 was July, with a trading range of 1.0309 MKD (High: 27.1609 / Low: 26.1300). On the other end, October was the most stable month, with a tight range of 0.5730 MKD (High: 26.5239 / Low: 25.9510).

July Spread (Volatile) ±1.0309
October Spread (Stable) ±0.5730

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 0.9148 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.9148

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2017: 28.9325) against the same month in 2016 (average: 28.3346), the exchange rate shifted by +0.5979 (+2.11%).

2017 Avg (January) 28.9325
2016 Avg (January) 28.3346

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 29.5607 28.5810 28.9325
February 29.2075 28.4727 28.9479
March 29.3025 28.4625 28.8416
April 29.0700 28.1232 28.7521
May 28.3300 27.3925 27.8373
June 27.6435 26.9775 27.4530
July 27.1609 26.1300 26.7128
August 26.2754 25.6790 26.0941
September 26.2240 25.5829 25.8413
October 26.5239 25.9510 26.1980
November 26.5605 25.8016 26.2177
December 26.2200 25.6285 25.9934