2017 BHD to MKD Historical Review

YEARLY HIGH

156.7627 MKD

YEARLY LOW

135.7506 MKD

YEARLY AVERAGE

144.8901 MKD

2017 BHD to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the BHD to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 156.7627. Conversely, the yearly low was recorded on September 10, dropping to 135.7506.

This high-to-low spread represents a total annual volatility of 21.0120 MKD. From a start-to-finish perspective, comparing the January average rate of 153.5182 to the December average rate of 137.8767, 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 156.7627 was down 0.33% compared to the 2016 peak of 157.2781, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 783,813 MKD

2016 Average 738,116 MKD

Yearly Trough Low 678,753 MKD

Transaction Impact: A difference of 105,060.23 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

155.1942

135.4112

JanuMarcMayJulySeptNove

BHD 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 150.9795, compared to 138.8008 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 12.1787 points.

H1 Avg (Jan–Jun) 150.9795

H2 Avg (Jul–Dec) 138.8008

Volatility Range Comparison

Volatility

The most volatile month in 2017 was January, with a trading range of 5.5554 MKD (High: 156.7627 / Low: 151.2072). On the other end, December was the most stable month, with a tight range of 2.9905 MKD (High: 139.0041 / Low: 136.0136).

January Spread (Volatile) ±5.5554

December Spread (Stable) ±2.9905

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 4.8662 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -4.8662

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2017: 153.5182) against the same month in 2016 (average: 150.3645), the exchange rate shifted by +3.1537 (+2.10%).

2017 Avg (January) 153.5182

2016 Avg (January) 150.3645

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	156.7627	151.2072	153.5182
February	154.9428	151.5114	153.5456
March	155.4748	151.0143	153.0041
April	154.1647	149.1902	152.5501
May	150.2866	145.2717	147.6839
June	146.5698	143.0845	145.5751
July	144.0154	138.6049	141.6496
August	139.4029	136.2050	138.3991
September	139.0102	135.7506	137.0598
October	140.6781	137.5706	138.8775
November	140.8194	136.5827	138.9419
December	139.0041	136.0136	137.8767