YEARLY HIGH
1.6524 MKD
YEARLY LOW
1.5237 MKD
YEARLY AVERAGE
1.5827 MKD

2017 MUR to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the MUR to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 2, valuing the pair at 1.6524. Conversely, the yearly low was recorded on December 13, dropping to 1.5237.

This high-to-low spread represents a total annual volatility of 0.1287 MKD. From a start-to-finish perspective, comparing the January average rate of 1.6131 to the December average rate of 1.5378, the exchange rate registered a net change of -4.67% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 1.6524 was up 0.34% compared to the 2016 peak of 1.6468, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 8,262 MKD
2016 Average 7,834 MKD
Yearly Trough Low 7,618 MKD
Transaction Impact: A difference of 643.61 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

1.6426
1.5283
JanuMarcMayJulySeptNove

MUR 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 1.6138, compared to 1.5516 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0622 points.

H1 Avg (Jan–Jun) 1.6138
H2 Avg (Jul–Dec) 1.5516

Volatility Range Comparison

Volatility

The most volatile month in 2017 was May, with a trading range of 0.0689 MKD (High: 1.6331 / Low: 1.5643). On the other end, November was the most stable month, with a tight range of 0.0240 MKD (High: 1.5507 / Low: 1.5267).

May Spread (Volatile) ±0.0689
November Spread (Stable) ±0.0240

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 0.0360 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0360

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2017: 1.6291) against the same month in 2016 (average: 1.5547), the exchange rate shifted by +0.0744 (+4.79%).

2017 Avg (March) 1.6291
2016 Avg (March) 1.5547

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.6425 1.5966 1.6131
February 1.6440 1.6049 1.6295
March 1.6524 1.6107 1.6291
April 1.6456 1.6070 1.6330
May 1.6331 1.5643 1.5971
June 1.5908 1.5654 1.5809
July 1.5746 1.5504 1.5660
August 1.5874 1.5592 1.5754
September 1.5725 1.5335 1.5513
October 1.5632 1.5252 1.5405
November 1.5507 1.5267 1.5384
December 1.5490 1.5237 1.5378