YEARLY HIGH
23.3767 MKD
YEARLY LOW
20.2138 MKD
YEARLY AVERAGE
21.5931 MKD

2017 WST to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the WST to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 1, valuing the pair at 23.3767. Conversely, the yearly low was recorded on November 27, dropping to 20.2138.

This high-to-low spread represents a total annual volatility of 3.1629 MKD. From a start-to-finish perspective, comparing the January average rate of 22.5654 to the December average rate of 20.4168, the exchange rate registered a net change of -9.52% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 23.3767 was up 0.17% compared to the 2016 peak of 23.3366, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 116,883 MKD
2016 Average 109,425 MKD
Yearly Trough Low 101,069 MKD
Transaction Impact: A difference of 15,814.27 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

23.0953
20.1733
JanuMarcMayJulySeptNove

WST 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 22.3119, compared to 20.8744 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.4375 points.

H1 Avg (Jan–Jun) 22.3119
H2 Avg (Jul–Dec) 20.8744

Volatility Range Comparison

Volatility

The most volatile month in 2017 was March, with a trading range of 1.2416 MKD (High: 23.3767 / Low: 22.1351). On the other end, December was the most stable month, with a tight range of 0.4187 MKD (High: 20.6482 / Low: 20.2295).

March Spread (Volatile) ±1.2416
December Spread (Stable) ±0.4187

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 0.7233 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.7233

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2017: 22.6658) against the same month in 2016 (average: 21.7895), the exchange rate shifted by +0.8763 (+4.02%).

2017 Avg (March) 22.6658
2016 Avg (March) 21.7895

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 22.9150 22.3246 22.5654
February 23.2349 22.3507 22.8518
March 23.3767 22.1351 22.6658
April 22.8163 21.8798 22.4114
May 22.1661 21.3117 21.6881
June 22.0617 21.3599 21.6886
July 21.7560 20.9641 21.3971
August 21.5831 20.6543 21.2012
September 21.1341 20.4534 20.7385
October 21.1142 20.5759 20.8500
November 21.0471 20.2138 20.6427
December 20.6482 20.2295 20.4168