YEARLY HIGH
58.3412 MKD
YEARLY LOW
0.0107 MKD
YEARLY AVERAGE
37.2611 MKD

2017 ZMK to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the ZMK to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 10, valuing the pair at 58.3412. Conversely, the yearly low was recorded on May 7, dropping to 0.0107.

This high-to-low spread represents a total annual volatility of 58.3305 MKD. From a start-to-finish perspective, comparing the January average rate of 13.0423 to the December average rate of 51.9867, the exchange rate registered a net change of 298.60% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 58.3412 was up 516931.91% compared to the 2016 peak of 0.0113, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 291,706 MKD
2016 Average 53 MKD
Yearly Trough Low 53 MKD
Transaction Impact: A difference of 291,652.68 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

60.3956
-5.4786
JanuMarcMayJulySeptNove

ZMK 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 22.1698, compared to 52.3524 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 30.1827 points.

H1 Avg (Jan–Jun) 22.1698
H2 Avg (Jul–Dec) 52.3524

Volatility Range Comparison

Volatility

The most volatile month in 2017 was January, with a trading range of 58.3304 MKD (High: 58.3412 / Low: 0.0108). On the other end, March was the most stable month, with a tight range of 0.0003 MKD (High: 0.0112 / Low: 0.0108).

January Spread (Volatile) ±58.3304
March Spread (Stable) ±0.0003

Growth Streaks & Declines

Trends

Between April and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 32.9933 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -32.9933

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2017: 13.0423) against the same month in 2016 (average: 0.0108), the exchange rate shifted by +13.0315 (+120786.42%).

2017 Avg (January) 13.0423
2016 Avg (January) 0.0108

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 58.3412 0.0108 13.0423
February 58.2189 0.0109 33.0043
March 0.0112 0.0108 0.0110
April 0.0111 0.0107 0.0109
May 56.3237 0.0107 32.0441
June 55.2870 53.9550 54.9061
July 54.3218 52.2600 53.4255
August 52.5507 51.3580 52.1882
September 52.4480 51.1659 51.6827
October 53.0479 51.9020 52.3961
November 53.1210 51.6031 52.4354
December 52.4400 51.2570 51.9867