2017 MDL to MKD Historical Review

YEARLY HIGH

3.0698 MKD

YEARLY LOW

2.8497 MKD

YEARLY AVERAGE

2.9621 MKD

2017 MDL to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the MDL to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on October 26, valuing the pair at 3.0698. Conversely, the yearly low was recorded on January 23, dropping to 2.8497.

This high-to-low spread represents a total annual volatility of 0.2202 MKD. From a start-to-finish perspective, comparing the January average rate of 2.8850 to the December average rate of 3.0263, the exchange rate registered a net change of 4.90% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 3.0698 was up 3.41% compared to the 2016 peak of 2.9686, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 15,349 MKD

2016 Average 13,993 MKD

Yearly Trough Low 14,248 MKD

Transaction Impact: A difference of 1,100.79 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

3.0404

2.8709

JanuMarcMayJulySeptNove

MDL 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 2.9522, compared to 2.9720 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0198 points.

H1 Avg (Jan–Jun) 2.9522

H2 Avg (Jul–Dec) 2.9720

Volatility Range Comparison

Volatility

The most volatile month in 2017 was May, with a trading range of 0.1106 MKD (High: 3.0463 / Low: 2.9357). On the other end, June was the most stable month, with a tight range of 0.0476 MKD (High: 3.0342 / Low: 2.9866).

May Spread (Volatile) ±0.1106

June Spread (Stable) ±0.0476

Growth Streaks & Declines

Trends

Between January and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.0653 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0653

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2017: 3.0090) against the same month in 2016 (average: 2.8068), the exchange rate shifted by +0.2022 (+7.20%).

2017 Avg (October) 3.0090

2016 Avg (October) 2.8068

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.9522	2.8497	2.8850
February	2.9359	2.8629	2.9027
March	2.9736	2.9031	2.9309
April	3.0170	2.9175	2.9764
May	3.0463	2.9357	3.0022
June	3.0342	2.9866	3.0159
July	2.9980	2.8994	2.9505
August	2.9478	2.8917	2.9210
September	2.9792	2.8776	2.9252
October	3.0698	2.9607	3.0090
November	3.0499	2.9419	3.0003
December	3.0649	2.9977	3.0263