2017 GMD to MKD Historical Review

YEARLY HIGH

1.3745 MKD

YEARLY LOW

1.0754 MKD

YEARLY AVERAGE

1.1947 MKD

2017 GMD to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the GMD to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 1.3745. Conversely, the yearly low was recorded on December 31, dropping to 1.0754.

This high-to-low spread represents a total annual volatility of 0.2990 MKD. From a start-to-finish perspective, comparing the January average rate of 1.3293 to the December average rate of 1.0939, the exchange rate registered a net change of -17.71% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 1.3745 was down 4.93% compared to the 2016 peak of 1.4457, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 6,872 MKD

2016 Average 6,634 MKD

Yearly Trough Low 5,377 MKD

Transaction Impact: A difference of 1,495.21 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

1.3528

1.0703

JanuMarcMayJulySeptNove

GMD 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 1.2672, compared to 1.1223 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1449 points.

H1 Avg (Jan–Jun) 1.2672

H2 Avg (Jul–Dec) 1.1223

Volatility Range Comparison

Volatility

The most volatile month in 2017 was January, with a trading range of 0.0690 MKD (High: 1.3745 / Low: 1.3054). On the other end, February was the most stable month, with a tight range of 0.0284 MKD (High: 1.3254 / Low: 1.2970).

January Spread (Volatile) ±0.0690

February Spread (Stable) ±0.0284

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 0.0641 points.

Longest Streak 0 Mo.

Sharpest MoM Drop -0.0641

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2017: 1.3293) against the same month in 2016 (average: 1.4346), the exchange rate shifted by -0.1053 (-7.34%).

2017 Avg (January) 1.3293

2016 Avg (January) 1.4346

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.3745	1.3054	1.3293
February	1.3254	1.2970	1.3106
March	1.3170	1.2602	1.2896
April	1.2881	1.2434	1.2718
May	1.2423	1.1871	1.2077
June	1.2052	1.1714	1.1942
July	1.1796	1.1361	1.1608
August	1.1571	1.1147	1.1368
September	1.1371	1.1087	1.1224
October	1.1419	1.0954	1.1132
November	1.1243	1.0871	1.1065
December	1.1040	1.0754	1.0939