2017 IQD to MKD Historical Review

YEARLY HIGH

0.0501 MKD

YEARLY LOW

0.0431 MKD

YEARLY AVERAGE

0.0466 MKD

2017 IQD to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the IQD to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 0.0501. Conversely, the yearly low was recorded on December 30, dropping to 0.0431.

This high-to-low spread represents a total annual volatility of 0.0070 MKD. From a start-to-finish perspective, comparing the January average rate of 0.0490 to the December average rate of 0.0437, the exchange rate registered a net change of -10.90% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.0501 was down 4.50% compared to the 2016 peak of 0.0525, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 250 MKD

2016 Average 244 MKD

Yearly Trough Low 215 MKD

Transaction Impact: A difference of 35.16 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.0496

0.0431

JanuMarcMayJulySeptNove

IQD 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 0.0485, compared to 0.0447 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0038 points.

H1 Avg (Jan–Jun) 0.0485

H2 Avg (Jul–Dec) 0.0447

Volatility Range Comparison

Volatility

The most volatile month in 2017 was May, with a trading range of 0.0023 MKD (High: 0.0487 / Low: 0.0464). On the other end, December was the most stable month, with a tight range of 0.0011 MKD (High: 0.0442 / Low: 0.0431).

May Spread (Volatile) ±0.0023

December Spread (Stable) ±0.0011

Growth Streaks & Declines

Trends

Between September and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0015 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0015

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2017: 0.0490) against the same month in 2016 (average: 0.0519), the exchange rate shifted by -0.0029 (-5.54%).

2017 Avg (January) 0.0490

2016 Avg (January) 0.0519

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0501	0.0484	0.0490
February	0.0496	0.0480	0.0490
March	0.0501	0.0481	0.0491
April	0.0498	0.0480	0.0491
May	0.0487	0.0464	0.0476
June	0.0475	0.0463	0.0470
July	0.0464	0.0450	0.0458
August	0.0452	0.0438	0.0447
September	0.0449	0.0437	0.0441
October	0.0454	0.0443	0.0449
November	0.0456	0.0437	0.0449
December	0.0442	0.0431	0.0437