2017 HTG to MKD Historical Review

YEARLY HIGH

0.8925 MKD

YEARLY LOW

0.7702 MKD

YEARLY AVERAGE

0.8407 MKD

2017 HTG to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the HTG to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on June 20, valuing the pair at 0.8925. Conversely, the yearly low was recorded on August 29, dropping to 0.7702.

This high-to-low spread represents a total annual volatility of 0.1223 MKD. From a start-to-finish perspective, comparing the January average rate of 0.8664 to the December average rate of 0.8140, the exchange rate registered a net change of -6.05% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.8925 was down 11.05% compared to the 2016 peak of 1.0034, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 4,462 MKD

2016 Average 4,421 MKD

Yearly Trough Low 3,851 MKD

Transaction Impact: A difference of 611.39 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.8796

0.8036

JanuMarcMayJulySeptNove

HTG 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 0.8530, compared to 0.8283 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0247 points.

H1 Avg (Jan–Jun) 0.8530

H2 Avg (Jul–Dec) 0.8283

Volatility Range Comparison

Volatility

The most volatile month in 2017 was June, with a trading range of 0.0957 MKD (High: 0.8925 / Low: 0.7968). On the other end, December was the most stable month, with a tight range of 0.0197 MKD (High: 0.8230 / Low: 0.8032).

June Spread (Volatile) ±0.0957

December Spread (Stable) ±0.0197

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 July and August, when the average rate fell by 0.0379 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0379

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2017: 0.8732) against the same month in 2016 (average: 0.8729), the exchange rate shifted by +0.0004 (+0.04%).

2017 Avg (June) 0.8732

2016 Avg (June) 0.8729

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.8852	0.8458	0.8664
February	0.8768	0.8444	0.8651
March	0.8827	0.8238	0.8634
April	0.8501	0.8148	0.8401
May	0.8225	0.8003	0.8099
June	0.8925	0.7968	0.8732
July	0.8761	0.8423	0.8595
August	0.8625	0.7702	0.8216
September	0.8311	0.8094	0.8180
October	0.8414	0.8171	0.8287
November	0.8415	0.8104	0.8282
December	0.8230	0.8032	0.8140