2017 LTL to MKD Historical Review

YEARLY HIGH

58.3412 MKD

YEARLY LOW

17.6864 MKD

YEARLY AVERAGE

46.9617 MKD

2017 LTL to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the LTL to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 10, valuing the pair at 58.3412. Conversely, the yearly low was recorded on January 5, dropping to 17.6864.

This high-to-low spread represents a total annual volatility of 40.6548 MKD. From a start-to-finish perspective, comparing the January average rate of 26.8205 to the December average rate of 51.9867, the exchange rate registered a net change of 93.83% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 58.3412 was up 216.33% compared to the 2016 peak of 18.4429, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 291,706 MKD

2016 Average 90,150 MKD

Yearly Trough Low 88,432 MKD

Transaction Impact: A difference of 203,274.02 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

59.4560

14.0803

JanuMarcMayJulySeptNove

LTL 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 41.5709, compared to 52.3524 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 10.7815 points.

H1 Avg (Jan–Jun) 41.5709

H2 Avg (Jul–Dec) 52.3524

Volatility Range Comparison

Volatility

The most volatile month in 2017 was January, with a trading range of 40.6548 MKD (High: 58.3412 / Low: 17.6864). On the other end, March was the most stable month, with a tight range of 0.2624 MKD (High: 17.9799 / Low: 17.7174).

January Spread (Volatile) ±40.6548

March Spread (Stable) ±0.2624

Growth Streaks & Declines

Trends

Between March and May, 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 February and March, when the average rate fell by 22.7822 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -22.7822

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2017: 26.8205) against the same month in 2016 (average: 18.2194), the exchange rate shifted by +8.6011 (+47.21%).

2017 Avg (January) 26.8205

2016 Avg (January) 18.2194

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	58.3412	17.6864	26.8205
February	58.2189	17.7901	40.6438
March	17.9799	17.7174	17.8616
April	58.1400	17.9069	53.5189
May	56.6600	54.7850	55.6747
June	55.2870	53.9550	54.9061
July	54.3218	52.2600	53.4255
August	52.5507	51.3580	52.1882
September	52.4480	51.1659	51.6827
October	53.0479	51.9020	52.3961
November	53.1210	51.6031	52.4354
December	52.4400	51.2570	51.9867