2017 BRL to MKD Historical Review

YEARLY HIGH

19.0393 MKD

YEARLY LOW

15.4737 MKD

YEARLY AVERAGE

17.1304 MKD

2017 BRL to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the BRL to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 22, valuing the pair at 19.0393. Conversely, the yearly low was recorded on December 30, dropping to 15.4737.

This high-to-low spread represents a total annual volatility of 3.5655 MKD. From a start-to-finish perspective, comparing the January average rate of 18.1057 to the December average rate of 15.7674, the exchange rate registered a net change of -12.91% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 19.0393 was up 5.05% compared to the 2016 peak of 18.1243, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 25,000 BRL based on timing:

Yearly Peak High 475,982 MKD

2016 Average 401,424 MKD

Yearly Trough Low 386,843 MKD

Transaction Impact: A difference of 89,138.68 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

18.9279

15.4800

JanuMarcMayJulySeptNove

BRL 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 17.9265, compared to 16.3344 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.5921 points.

H1 Avg (Jan–Jun) 17.9265

H2 Avg (Jul–Dec) 16.3344

Volatility Range Comparison

Volatility

The most volatile month in 2017 was May, with a trading range of 1.6364 MKD (High: 18.0462 / Low: 16.4097). On the other end, September was the most stable month, with a tight range of 0.3391 MKD (High: 16.6625 / Low: 16.3234).

May Spread (Volatile) ±1.6364

September Spread (Stable) ±0.3391

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2017. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.9279 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.9279

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2017: 18.6406) against the same month in 2016 (average: 13.9712), the exchange rate shifted by +4.6693 (+33.42%).

2017 Avg (February) 18.6406

2016 Avg (February) 13.9712

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	18.3891	17.8070	18.1057
February	19.0393	18.2761	18.6406
March	18.9177	18.1301	18.4679
April	18.6709	17.7848	18.3056
May	18.0462	16.4097	17.3777
June	16.8867	16.3119	16.6615
July	16.9748	16.3119	16.6880
August	16.7568	16.2234	16.5499
September	16.6625	16.3234	16.5056
October	16.7076	16.0757	16.4282
November	16.3211	15.7718	16.0673
December	16.1200	15.4737	15.7674