2017 BZD to MKD Historical Review

YEARLY HIGH

29.3862 MKD

YEARLY LOW

25.3113 MKD

YEARLY AVERAGE

27.1681 MKD

2017 BZD to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the BZD to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 29.3862. Conversely, the yearly low was recorded on September 10, dropping to 25.3113.

This high-to-low spread represents a total annual volatility of 4.0749 MKD. From a start-to-finish perspective, comparing the January average rate of 28.7971 to the December average rate of 25.8589, the exchange rate registered a net change of -10.20% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 29.3862 was down 0.44% compared to the 2016 peak of 29.5172, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 146,931 MKD

2016 Average 139,205 MKD

Yearly Trough Low 126,556 MKD

Transaction Impact: A difference of 20,374.50 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

29.1161

25.2974

JanuMarcMayJulySeptNove

BZD 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 28.3252, compared to 26.0110 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 2.3142 points.

H1 Avg (Jan–Jun) 28.3252

H2 Avg (Jul–Dec) 26.0110

Volatility Range Comparison

Volatility

The most volatile month in 2017 was July, with a trading range of 0.9530 MKD (High: 27.0356 / Low: 26.0827). On the other end, December was the most stable month, with a tight range of 0.5640 MKD (High: 26.1024 / Low: 25.5384).

July Spread (Volatile) ±0.9530

December Spread (Stable) ±0.5640

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 0.8734 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.8734

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2017: 28.7971) against the same month in 2016 (average: 28.4019), the exchange rate shifted by +0.3952 (+1.39%).

2017 Avg (January) 28.7971

2016 Avg (January) 28.4019

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	29.3862	28.4696	28.7971
February	29.0411	28.3585	28.7978
March	29.2443	28.3145	28.7243
April	28.9113	28.0033	28.5830
May	28.1832	27.2987	27.7097
June	27.5017	26.8941	27.3392
July	27.0356	26.0827	26.5661
August	26.2177	25.3308	25.9175
September	26.0224	25.3113	25.6157
October	26.3508	25.7697	26.0174
November	26.4481	25.6558	26.0903
December	26.1024	25.5384	25.8589