2017 INR to MKD Historical Review

YEARLY HIGH

0.9045 MKD

YEARLY LOW

0.7944 MKD

YEARLY AVERAGE

0.8390 MKD

2017 INR to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the INR to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on April 9, valuing the pair at 0.9045. Conversely, the yearly low was recorded on September 24, dropping to 0.7944.

This high-to-low spread represents a total annual volatility of 0.1101 MKD. From a start-to-finish perspective, comparing the January average rate of 0.8501 to the December average rate of 0.8096, the exchange rate registered a net change of -4.77% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.9045 was up 3.64% compared to the 2016 peak of 0.8727, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 250,000 INR based on timing:

Yearly Peak High 226,130 MKD

2016 Average 207,119 MKD

Yearly Trough Low 198,606 MKD

Transaction Impact: A difference of 27,524.05 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.8998

0.7933

JanuMarcMayJulySeptNove

INR 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 0.8662, compared to 0.8117 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0545 points.

H1 Avg (Jan–Jun) 0.8662

H2 Avg (Jul–Dec) 0.8117

Volatility Range Comparison

Volatility

The most volatile month in 2017 was May, with a trading range of 0.0339 MKD (High: 0.8802 / Low: 0.8463). On the other end, December was the most stable month, with a tight range of 0.0153 MKD (High: 0.8177 / Low: 0.8024).

May Spread (Volatile) ±0.0339

December Spread (Stable) ±0.0153

Growth Streaks & Declines

Trends

Between January and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0268 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0268

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2017: 0.8910) against the same month in 2016 (average: 0.8189), the exchange rate shifted by +0.0720 (+8.80%).

2017 Avg (April) 0.8910

2016 Avg (April) 0.8189

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.8656	0.8408	0.8501
February	0.8745	0.8485	0.8644
March	0.8920	0.8696	0.8757
April	0.9045	0.8735	0.8910
May	0.8802	0.8463	0.8642
June	0.8567	0.8350	0.8519
July	0.8387	0.8140	0.8291
August	0.8218	0.8024	0.8157
September	0.8133	0.7944	0.8022
October	0.8175	0.7960	0.8053
November	0.8208	0.7993	0.8084
December	0.8177	0.8024	0.8096