2017 DJF to MKD Historical Review

YEARLY HIGH

0.3325 MKD

YEARLY LOW

0.2862 MKD

YEARLY AVERAGE

0.3056 MKD

2017 DJF to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the DJF to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 0.3325. Conversely, the yearly low was recorded on September 10, dropping to 0.2862.

This high-to-low spread represents a total annual volatility of 0.0463 MKD. From a start-to-finish perspective, comparing the January average rate of 0.3239 to the December average rate of 0.2908, 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 0.3325 was up 0.22% compared to the 2016 peak of 0.3318, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,663 MKD

2016 Average 1,566 MKD

Yearly Trough Low 1,431 MKD

Transaction Impact: A difference of 231.47 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.3273

0.2857

JanuMarcMayJulySeptNove

DJF 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 0.3183, compared to 0.2929 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0254 points.

H1 Avg (Jan–Jun) 0.3183

H2 Avg (Jul–Dec) 0.2929

Volatility Range Comparison

Volatility

The most volatile month in 2017 was January, with a trading range of 0.0140 MKD (High: 0.3325 / Low: 0.3185). On the other end, December was the most stable month, with a tight range of 0.0063 MKD (High: 0.2933 / Low: 0.2870).

January Spread (Volatile) ±0.0140

December Spread (Stable) ±0.0063

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 0.0103 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0103

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2017: 0.3239) against the same month in 2016 (average: 0.3190), the exchange rate shifted by +0.0049 (+1.54%).

2017 Avg (January) 0.3239

2016 Avg (January) 0.3190

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.3325	0.3185	0.3239
February	0.3264	0.3193	0.3235
March	0.3275	0.3181	0.3224
April	0.3249	0.3150	0.3216
May	0.3169	0.3062	0.3113
June	0.3092	0.3018	0.3071
July	0.3042	0.2927	0.2989
August	0.2953	0.2870	0.2923
September	0.2934	0.2862	0.2891
October	0.2967	0.2900	0.2930
November	0.2969	0.2887	0.2932
December	0.2933	0.2870	0.2908