2017 BAM to MKD Historical Review

YEARLY HIGH

32.0676 MKD

YEARLY LOW

31.1817 MKD

YEARLY AVERAGE

31.4884 MKD

2017 BAM to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the BAM to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on June 29, valuing the pair at 32.0676. Conversely, the yearly low was recorded on March 15, dropping to 31.1817.

This high-to-low spread represents a total annual volatility of 0.8859 MKD. From a start-to-finish perspective, comparing the January average rate of 31.4483 to the December average rate of 31.4735, the exchange rate registered a net change of 0.08% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 32.0676 was down 0.28% compared to the 2016 peak of 32.1579, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 160,338 MKD

2016 Average 157,376 MKD

Yearly Trough Low 155,909 MKD

Transaction Impact: A difference of 4,429.66 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

31.5333

31.4406

JanuMarcMayJulySeptNove

BAM 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 31.4909, compared to 31.4859 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0050 points.

H1 Avg (Jan–Jun) 31.4909

H2 Avg (Jul–Dec) 31.4859

Volatility Range Comparison

Volatility

The most volatile month in 2017 was June, with a trading range of 0.7958 MKD (High: 32.0676 / Low: 31.2718). On the other end, July was the most stable month, with a tight range of 0.1716 MKD (High: 31.5391 / Low: 31.3674).

June Spread (Volatile) ±0.7958

July Spread (Stable) ±0.1716

Growth Streaks & Declines

Trends

Between January and March, 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 March and April, when the average rate fell by 0.0470 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0470

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2017: 31.5068) against the same month in 2016 (average: 31.4765), the exchange rate shifted by +0.0302 (+0.10%).

2017 Avg (June) 31.5068

2016 Avg (June) 31.4765

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	31.6171	31.1851	31.4483
February	31.6311	31.4373	31.5139
March	31.7295	31.1817	31.5255
April	31.5943	31.3189	31.4786
May	31.5488	31.3171	31.4723
June	32.0676	31.2718	31.5068
July	31.5391	31.3674	31.4791
August	31.7774	31.3907	31.5188
September	31.7858	31.2833	31.4885
October	31.9435	31.3908	31.4900
November	31.5703	31.3278	31.4652
December	31.5618	31.2697	31.4735