2017 ALL to MKD Historical Review

YEARLY HIGH

0.4726 MKD

YEARLY LOW

0.4479 MKD

YEARLY AVERAGE

0.4592 MKD

2017 ALL to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the ALL to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on June 29, valuing the pair at 0.4726. Conversely, the yearly low was recorded on January 31, dropping to 0.4479.

This high-to-low spread represents a total annual volatility of 0.0247 MKD. From a start-to-finish perspective, comparing the January average rate of 0.4512 to the December average rate of 0.4618, the exchange rate registered a net change of 2.35% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.4726 was up 3.03% compared to the 2016 peak of 0.4587, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,363 MKD

2016 Average 2,242 MKD

Yearly Trough Low 2,240 MKD

Transaction Impact: A difference of 123.50 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.4668

0.4498

JanuMarcMayJulySeptNove

ALL 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 0.4561, compared to 0.4623 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0062 points.

H1 Avg (Jan–Jun) 0.4561

H2 Avg (Jul–Dec) 0.4623

Volatility Range Comparison

Volatility

The most volatile month in 2017 was June, with a trading range of 0.0136 MKD (High: 0.4726 / Low: 0.4590). On the other end, December was the most stable month, with a tight range of 0.0035 MKD (High: 0.4639 / Low: 0.4604).

June Spread (Volatile) ±0.0136

December Spread (Stable) ±0.0035

Growth Streaks & Declines

Trends

Between April and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.0047 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0047

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2017: 0.4631) against the same month in 2016 (average: 0.4459), the exchange rate shifted by +0.0172 (+3.86%).

2017 Avg (June) 0.4631

2016 Avg (June) 0.4459

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.4612	0.4479	0.4512
February	0.4564	0.4506	0.4542
March	0.4589	0.4528	0.4557
April	0.4568	0.4528	0.4548
May	0.4674	0.4548	0.4578
June	0.4726	0.4590	0.4631
July	0.4662	0.4622	0.4644
August	0.4684	0.4611	0.4654
September	0.4646	0.4576	0.4607
October	0.4655	0.4592	0.4604
November	0.4629	0.4587	0.4610
December	0.4639	0.4604	0.4618