2017 AOA to MKD Historical Review

YEARLY HIGH

0.3562 MKD

YEARLY LOW

0.3084 MKD

YEARLY AVERAGE

0.3293 MKD

2017 AOA to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the AOA to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 0.3562. Conversely, the yearly low was recorded on September 10, dropping to 0.3084.

This high-to-low spread represents a total annual volatility of 0.0479 MKD. From a start-to-finish perspective, comparing the January average rate of 0.3489 to the December average rate of 0.3133, the exchange rate registered a net change of -10.19% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.3562 was down 15.65% compared to the 2016 peak of 0.4223, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,781 MKD

2016 Average 1,711 MKD

Yearly Trough Low 1,542 MKD

Transaction Impact: A difference of 239.37 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.3527

0.3077

JanuMarcMayJulySeptNove

AOA 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 0.3431, compared to 0.3155 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0276 points.

H1 Avg (Jan–Jun) 0.3431

H2 Avg (Jul–Dec) 0.3155

Volatility Range Comparison

Volatility

The most volatile month in 2017 was January, with a trading range of 0.0127 MKD (High: 0.3562 / Low: 0.3435). On the other end, October was the most stable month, with a tight range of 0.0069 MKD (High: 0.3197 / Low: 0.3128).

January Spread (Volatile) ±0.0127

October Spread (Stable) ±0.0069

Growth Streaks & Declines

Trends

Between September and November, 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 April and May, when the average rate fell by 0.0110 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0110

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2017: 0.3489) against the same month in 2016 (average: 0.3819), the exchange rate shifted by -0.0331 (-8.66%).

2017 Avg (January) 0.3489

2016 Avg (January) 0.3819

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.3562	0.3435	0.3489
February	0.3521	0.3443	0.3489
March	0.3532	0.3431	0.3477
April	0.3504	0.3390	0.3466
May	0.3415	0.3302	0.3356
June	0.3332	0.3252	0.3309
July	0.3274	0.3150	0.3221
August	0.3167	0.3095	0.3145
September	0.3161	0.3084	0.3115
October	0.3197	0.3128	0.3158
November	0.3202	0.3110	0.3160
December	0.3160	0.3089	0.3133