YEARLY HIGH
59.1689 MKD
YEARLY LOW
51.1659 MKD
YEARLY AVERAGE
54.6404 MKD

2017 BSD to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the BSD to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 59.1689. Conversely, the yearly low was recorded on September 10, dropping to 51.1659.

This high-to-low spread represents a total annual volatility of 8.0030 MKD. From a start-to-finish perspective, comparing the January average rate of 57.8908 to the December average rate of 51.9867, the exchange rate registered a net change of -10.20% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 59.1689 was down 0.28% compared to the 2016 peak of 59.3351, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 295,844 MKD
2016 Average 278,273 MKD
Yearly Trough Low 255,829 MKD
Transaction Impact: A difference of 40,014.95 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

58.5336
51.0599
JanuMarcMayJulySeptNove

BSD 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 56.9283, compared to 52.3524 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 4.5758 points.

H1 Avg (Jan–Jun) 56.9283
H2 Avg (Jul–Dec) 52.3524

Volatility Range Comparison

Volatility

The most volatile month in 2017 was July, with a trading range of 2.0618 MKD (High: 54.3218 / Low: 52.2600). On the other end, October was the most stable month, with a tight range of 1.1459 MKD (High: 53.0479 / Low: 51.9020).

July Spread (Volatile) ±2.0618
October Spread (Stable) ±1.1459

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 1.8295 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -1.8295

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2017: 57.8908) against the same month in 2016 (average: 56.6691), the exchange rate shifted by +1.2216 (+2.16%).

2017 Avg (January) 57.8908
2016 Avg (January) 56.6691

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 59.1689 57.2231 57.8908
February 58.4150 57.0012 57.9108
March 58.6050 56.9250 57.6831
April 58.1400 56.2465 57.5042
May 56.6600 54.7850 55.6747
June 55.2870 53.9550 54.9061
July 54.3218 52.2600 53.4255
August 52.5507 51.3580 52.1882
September 52.4480 51.1659 51.6827
October 53.0479 51.9020 52.3961
November 53.1210 51.6031 52.4354
December 52.4400 51.2570 51.9867