2017 FJD to MKD Historical Review

YEARLY HIGH

28.5614 MKD

YEARLY LOW

24.8132 MKD

YEARLY AVERAGE

26.5277 MKD

2017 FJD to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the FJD to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 25, valuing the pair at 28.5614. Conversely, the yearly low was recorded on November 30, dropping to 24.8132.

This high-to-low spread represents a total annual volatility of 3.7482 MKD. From a start-to-finish perspective, comparing the January average rate of 27.7936 to the December average rate of 25.1759, the exchange rate registered a net change of -9.42% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 28.5614 was up 1.57% compared to the 2016 peak of 28.1213, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 142,807 MKD

2016 Average 133,426 MKD

Yearly Trough Low 124,066 MKD

Transaction Impact: A difference of 18,740.85 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

28.4188

24.8811

JanuMarcMayJulySeptNove

FJD 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 27.4146, compared to 25.6409 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.7736 points.

H1 Avg (Jan–Jun) 27.4146

H2 Avg (Jul–Dec) 25.6409

Volatility Range Comparison

Volatility

The most volatile month in 2017 was April, with a trading range of 1.1199 MKD (High: 28.0015 / Low: 26.8816). On the other end, September was the most stable month, with a tight range of 0.4290 MKD (High: 25.8583 / Low: 25.4292).

April Spread (Volatile) ±1.1199

September Spread (Stable) ±0.4290

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 1.0190 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -1.0190

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2017: 28.1240) against the same month in 2016 (average: 25.9821), the exchange rate shifted by +2.1419 (+8.24%).

2017 Avg (February) 28.1240

2016 Avg (February) 25.9821

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	28.0249	27.4199	27.7936
February	28.5614	27.6244	28.1240
March	28.2645	27.4086	27.7706
April	28.0015	26.8816	27.5930
May	27.0302	26.1811	26.5739
June	27.0451	26.2037	26.6323
July	26.5301	26.0142	26.3025
August	26.1934	25.3501	25.8661
September	25.8583	25.4292	25.6182
October	25.8460	25.2203	25.5855
November	25.8022	24.8132	25.2974
December	25.5189	24.9118	25.1759