YEARLY HIGH
2.2055 MKD
YEARLY LOW
1.8233 MKD
YEARLY AVERAGE
2.0542 MKD

2017 UAH to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the UAH to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 5, valuing the pair at 2.2055. Conversely, the yearly low was recorded on December 30, dropping to 1.8233.

This high-to-low spread represents a total annual volatility of 0.3822 MKD. From a start-to-finish perspective, comparing the January average rate of 2.1246 to the December average rate of 1.8877, the exchange rate registered a net change of -11.15% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 2.2055 was down 9.52% compared to the 2016 peak of 2.4376, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 11,027 MKD
2016 Average 10,900 MKD
Yearly Trough Low 9,116 MKD
Transaction Impact: A difference of 1,911.14 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

2.1667
1.8624
JanuMarcMayJulySeptNove

UAH 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 2.1263, compared to 1.9822 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1440 points.

H1 Avg (Jan–Jun) 2.1263
H2 Avg (Jul–Dec) 1.9822

Volatility Range Comparison

Volatility

The most volatile month in 2017 was January, with a trading range of 0.1231 MKD (High: 2.2055 / Low: 2.0824). On the other end, October was the most stable month, with a tight range of 0.0309 MKD (High: 1.9824 / Low: 1.9515).

January Spread (Volatile) ±0.1231
October Spread (Stable) ±0.0309

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 November and December, when the average rate fell by 0.0775 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0775

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2017: 2.1246) against the same month in 2016 (average: 2.3320), the exchange rate shifted by -0.2075 (-8.90%).

2017 Avg (January) 2.1246
2016 Avg (January) 2.3320

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.2055 2.0824 2.1246
February 2.1653 2.1125 2.1371
March 2.1801 2.0901 2.1391
April 2.1592 2.1204 2.1413
May 2.1424 2.0789 2.1091
June 2.1240 2.0727 2.1063
July 2.0867 2.0288 2.0616
August 2.0667 2.0059 2.0388
September 2.0113 1.9578 1.9741
October 1.9824 1.9515 1.9658
November 1.9957 1.9165 1.9652
December 1.9352 1.8233 1.8877