2017 JOD to MKD Historical Review

YEARLY HIGH

83.4192 MKD

YEARLY LOW

72.1414 MKD

YEARLY AVERAGE

77.0424 MKD

2017 JOD to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the JOD to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 83.4192. Conversely, the yearly low was recorded on December 30, dropping to 72.1414.

This high-to-low spread represents a total annual volatility of 11.2778 MKD. From a start-to-finish perspective, comparing the January average rate of 81.6868 to the December average rate of 73.2990, the exchange rate registered a net change of -10.27% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 83.4192 was down 0.33% compared to the 2016 peak of 83.6933, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 417,096 MKD

2016 Average 392,760 MKD

Yearly Trough Low 360,707 MKD

Transaction Impact: A difference of 56,388.76 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

82.5659

72.0332

JanuMarcMayJulySeptNove

JOD 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 80.2586, compared to 73.8261 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 6.4325 points.

H1 Avg (Jan–Jun) 80.2586

H2 Avg (Jul–Dec) 73.8261

Volatility Range Comparison

Volatility

The most volatile month in 2017 was January, with a trading range of 2.9404 MKD (High: 83.4192 / Low: 80.4788). On the other end, October was the most stable month, with a tight range of 1.6163 MKD (High: 74.8206 / Low: 73.2044).

January Spread (Volatile) ±2.9404

October Spread (Stable) ±1.6163

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 2.6197 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -2.6197

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2017: 81.6868) against the same month in 2016 (average: 79.9093), the exchange rate shifted by +1.7776 (+2.22%).

2017 Avg (January) 81.6868

2016 Avg (January) 79.9093

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	83.4192	80.4788	81.6868
February	82.3672	80.5992	81.6882
March	82.7170	80.2436	81.3520
April	81.9981	79.2759	81.0571
May	79.8587	77.1943	78.4374
June	77.9643	76.1108	77.3302
July	76.5090	73.7615	75.2802
August	74.1335	72.4371	73.6235
September	73.9745	72.1457	72.9109
October	74.8206	73.2044	73.8905
November	74.9238	72.7829	73.9526
December	73.9632	72.1414	73.2990