YEARLY HIGH
1.9135 MKD
YEARLY LOW
1.7008 MKD
YEARLY AVERAGE
1.7951 MKD

2017 TWD to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the TWD to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on April 13, valuing the pair at 1.9135. Conversely, the yearly low was recorded on August 29, dropping to 1.7008.

This high-to-low spread represents a total annual volatility of 0.2127 MKD. From a start-to-finish perspective, comparing the January average rate of 1.8245 to the December average rate of 1.7356, the exchange rate registered a net change of -4.87% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 1.9135 was up 3.33% compared to the 2016 peak of 1.8518, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 9,567 MKD
2016 Average 8,630 MKD
Yearly Trough Low 8,504 MKD
Transaction Impact: A difference of 1,063.30 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

1.9105
1.6974
JanuMarcMayJulySeptNove

TWD 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 1.8560, compared to 1.7342 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1218 points.

H1 Avg (Jan–Jun) 1.8560
H2 Avg (Jul–Dec) 1.7342

Volatility Range Comparison

Volatility

The most volatile month in 2017 was February, with a trading range of 0.0743 MKD (High: 1.9018 / Low: 1.8275). On the other end, December was the most stable month, with a tight range of 0.0235 MKD (High: 1.7480 / Low: 1.7245).

February Spread (Volatile) ±0.0743
December Spread (Stable) ±0.0235

Growth Streaks & Declines

Trends

Between January and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.0586 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0586

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2017: 1.8927) against the same month in 2016 (average: 1.6826), the exchange rate shifted by +0.2101 (+12.49%).

2017 Avg (April) 1.8927
2016 Avg (April) 1.6826

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.8389 1.8014 1.8245
February 1.9018 1.8275 1.8752
March 1.9059 1.8624 1.8816
April 1.9135 1.8660 1.8927
May 1.8814 1.8168 1.8477
June 1.8284 1.7729 1.8145
July 1.7810 1.7296 1.7559
August 1.7340 1.7008 1.7250
September 1.7310 1.7038 1.7152
October 1.7592 1.7171 1.7314
November 1.7599 1.7205 1.7422
December 1.7480 1.7245 1.7356