YEARLY HIGH
444.5331 VND
YEARLY LOW
385.0243 VND
YEARLY AVERAGE
416.5133 VND

2017 MKD to VND Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the MKD to VND exchange rate experienced significant fluctuation. The market reached its absolute peak on September 10, valuing the pair at 444.5331. Conversely, the yearly low was recorded on January 3, dropping to 385.0243.

This high-to-low spread represents a total annual volatility of 59.5087 VND. From a start-to-finish perspective, comparing the January average rate of 390.5170 to the December average rate of 436.9088, the exchange rate registered a net change of 11.88% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 444.5331 was up 6.89% compared to the 2016 peak of 415.8838, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,222,665 VND
2016 Average 2,010,313 VND
Yearly Trough Low 1,925,122 VND
Transaction Impact: A difference of 297,543.70 VND purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

444.8186
385.5805
JanuMarcMayJulySeptNove

MKD to VND 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 398.9803, compared to 434.0464 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 35.0661 points.

H1 Avg (Jan–Jun) 398.9803
H2 Avg (Jul–Dec) 434.0464

Volatility Range Comparison

Volatility

The most volatile month in 2017 was July, with a trading range of 15.8182 VND (High: 434.4132 / Low: 418.5950). On the other end, February was the most stable month, with a tight range of 6.3288 VND (High: 396.2529 / Low: 389.9241).

July Spread (Volatile) ±15.8182
February Spread (Stable) ±6.3288

Growth Streaks & Declines

Trends

Between April and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 6.2213 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -6.2213

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2017: 439.8821) against the same month in 2016 (average: 406.2294), the exchange rate shifted by +33.6527 (+8.28%).

2017 Avg (September) 439.8821
2016 Avg (September) 406.2294

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 396.2947 385.0243 390.5170
February 396.2529 389.9241 392.4350
March 399.5748 389.1533 394.9052
April 403.4972 389.6355 394.8520
May 415.0169 401.1950 407.7656
June 421.0160 410.6573 413.4069
July 434.4132 418.5950 425.2172
August 441.7385 432.4993 435.4466
September 444.5331 433.4347 439.8821
October 437.7512 427.9653 433.6609
November 440.2578 427.5417 433.1627
December 442.8939 433.1223 436.9088