2017 ISK to MKD Historical Review

YEARLY HIGH

0.5598 MKD

YEARLY LOW

0.4793 MKD

YEARLY AVERAGE

0.5125 MKD

2017 ISK to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the ISK to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on June 5, valuing the pair at 0.5598. Conversely, the yearly low was recorded on September 20, dropping to 0.4793.

This high-to-low spread represents a total annual volatility of 0.0805 MKD. From a start-to-finish perspective, comparing the January average rate of 0.5066 to the December average rate of 0.4961, the exchange rate registered a net change of -2.08% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.5598 was up 7.10% compared to the 2016 peak of 0.5227, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,799 MKD

2016 Average 2,311 MKD

Yearly Trough Low 2,397 MKD

Transaction Impact: A difference of 402.51 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.5503

0.4801

JanuMarcMayJulySeptNove

ISK 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 0.5270, compared to 0.4980 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0290 points.

H1 Avg (Jan–Jun) 0.5270

H2 Avg (Jul–Dec) 0.4980

Volatility Range Comparison

Volatility

The most volatile month in 2017 was February, with a trading range of 0.0488 MKD (High: 0.5456 / Low: 0.4967). On the other end, November was the most stable month, with a tight range of 0.0116 MKD (High: 0.5095 / Low: 0.4980).

February Spread (Volatile) ±0.0488

November Spread (Stable) ±0.0116

Growth Streaks & Declines

Trends

Between January and March, 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 June and July, when the average rate fell by 0.0320 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0320

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2017: 0.5445) against the same month in 2016 (average: 0.4441), the exchange rate shifted by +0.1004 (+22.61%).

2017 Avg (June) 0.5445

2016 Avg (June) 0.4441

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.5182	0.4941	0.5066
February	0.5456	0.4967	0.5196
March	0.5483	0.5097	0.5284
April	0.5324	0.5075	0.5213
May	0.5535	0.5290	0.5419
June	0.5598	0.5248	0.5445
July	0.5299	0.4985	0.5125
August	0.5008	0.4826	0.4931
September	0.4948	0.4793	0.4860
October	0.5047	0.4923	0.4967
November	0.5095	0.4980	0.5036
December	0.5023	0.4895	0.4961