2017 JMD to MKD Historical Review

YEARLY HIGH

0.4593 MKD

YEARLY LOW

0.3934 MKD

YEARLY AVERAGE

0.4258 MKD

2017 JMD to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the JMD to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 0.4593. Conversely, the yearly low was recorded on September 18, dropping to 0.3934.

This high-to-low spread represents a total annual volatility of 0.0660 MKD. From a start-to-finish perspective, comparing the January average rate of 0.4493 to the December average rate of 0.4155, the exchange rate registered a net change of -7.52% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.4593 was down 3.44% compared to the 2016 peak of 0.4757, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,297 MKD

2016 Average 2,225 MKD

Yearly Trough Low 1,967 MKD

Transaction Impact: A difference of 329.79 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.4547

0.3928

JanuMarcMayJulySeptNove

JMD 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 0.4409, compared to 0.4106 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0304 points.

H1 Avg (Jan–Jun) 0.4409

H2 Avg (Jul–Dec) 0.4106

Volatility Range Comparison

Volatility

The most volatile month in 2017 was October, with a trading range of 0.0175 MKD (High: 0.4169 / Low: 0.3994). On the other end, December was the most stable month, with a tight range of 0.0063 MKD (High: 0.4184 / Low: 0.4120).

October Spread (Volatile) ±0.0175

December Spread (Stable) ±0.0063

Growth Streaks & Declines

Trends

Between September and December, 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 0.0152 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0152

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2017: 0.4493) against the same month in 2016 (average: 0.4705), the exchange rate shifted by -0.0212 (-4.50%).

2017 Avg (January) 0.4493

2016 Avg (January) 0.4705

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.4593	0.4440	0.4493
February	0.4538	0.4425	0.4496
March	0.4569	0.4400	0.4482
April	0.4509	0.4355	0.4454
May	0.4380	0.4216	0.4302
June	0.4257	0.4173	0.4230
July	0.4224	0.4112	0.4169
August	0.4137	0.3990	0.4086
September	0.4045	0.3934	0.3980
October	0.4169	0.3994	0.4091
November	0.4201	0.4095	0.4153
December	0.4184	0.4120	0.4155