YEARLY HIGH
13.7273 MKD
YEARLY LOW
13.1851 MKD
YEARLY AVERAGE
13.4830 MKD

2017 RON to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the RON to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on June 29, valuing the pair at 13.7273. Conversely, the yearly low was recorded on December 30, dropping to 13.1851.

This high-to-low spread represents a total annual volatility of 0.5422 MKD. From a start-to-finish perspective, comparing the January average rate of 13.6620 to the December average rate of 13.2764, the exchange rate registered a net change of -2.82% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 13.7273 was down 2.16% compared to the 2016 peak of 14.0310, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 68,637 MKD
2016 Average 68,560 MKD
Yearly Trough Low 65,925 MKD
Transaction Impact: A difference of 2,711.22 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

13.7006
13.2379
JanuMarcMayJulySeptNove

RON 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 13.5778, compared to 13.3882 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1896 points.

H1 Avg (Jan–Jun) 13.5778
H2 Avg (Jul–Dec) 13.3882

Volatility Range Comparison

Volatility

The most volatile month in 2017 was June, with a trading range of 0.3420 MKD (High: 13.7273 / Low: 13.3853). On the other end, September was the most stable month, with a tight range of 0.0714 MKD (High: 13.4286 / Low: 13.3572).

June Spread (Volatile) ±0.3420
September Spread (Stable) ±0.0714

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 October and November, when the average rate fell by 0.1208 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.1208

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2017: 13.4839) against the same month in 2016 (average: 13.6120), the exchange rate shifted by -0.1281 (-0.94%).

2017 Avg (June) 13.4839
2016 Avg (June) 13.6120

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 13.7096 13.4934 13.6620
February 13.7194 13.5629 13.6452
March 13.6628 13.4956 13.5624
April 13.6547 13.5066 13.5935
May 13.6122 13.4491 13.5199
June 13.7273 13.3853 13.4839
July 13.5821 13.3942 13.4864
August 13.5577 13.3849 13.4655
September 13.4286 13.3572 13.3914
October 13.4724 13.3558 13.4152
November 13.4173 13.2354 13.2944
December 13.3399 13.1851 13.2764