2017 GHS to MKD Historical Review

YEARLY HIGH

13.9546 MKD

YEARLY LOW

11.1320 MKD

YEARLY AVERAGE

12.4313 MKD

2017 GHS to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the GHS to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 13.9546. Conversely, the yearly low was recorded on November 27, dropping to 11.1320.

This high-to-low spread represents a total annual volatility of 2.8226 MKD. From a start-to-finish perspective, comparing the January average rate of 13.4872 to the December average rate of 11.5246, the exchange rate registered a net change of -14.55% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 13.9546 was down 6.75% compared to the 2016 peak of 14.9645, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 69,773 MKD

2016 Average 70,509 MKD

Yearly Trough Low 55,660 MKD

Transaction Impact: A difference of 14,112.82 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

13.8454

11.3137

JanuMarcMayJulySeptNove

GHS 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 13.0713, compared to 11.7913 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.2800 points.

H1 Avg (Jan–Jun) 13.0713

H2 Avg (Jul–Dec) 11.7913

Volatility Range Comparison

Volatility

The most volatile month in 2017 was March, with a trading range of 1.1182 MKD (High: 13.3331 / Low: 12.2149). On the other end, October was the most stable month, with a tight range of 0.2626 MKD (High: 12.0720 / Low: 11.8093).

March Spread (Volatile) ±1.1182

October Spread (Stable) ±0.2626

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 0.6200 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.6200

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2017: 13.4872) against the same month in 2016 (average: 14.5631), the exchange rate shifted by -1.0759 (-7.39%).

2017 Avg (January) 13.4872

2016 Avg (January) 14.5631

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	13.9546	13.0946	13.4872
February	13.3107	12.5540	13.0049
March	13.3331	12.2149	12.7389
April	13.8658	13.3316	13.6345
May	13.4661	12.4872	13.0144
June	12.8080	12.3422	12.5477
July	12.3925	11.9415	12.1796
August	11.9169	11.6063	11.8143
September	11.8607	11.5313	11.6688
October	12.0720	11.8093	11.9133
November	12.0493	11.1320	11.6468
December	11.6582	11.3127	11.5246