2017 MGA to MKD Historical Review

YEARLY HIGH

0.0191 MKD

YEARLY LOW

0.0157 MKD

YEARLY AVERAGE

0.0175 MKD

2017 MGA to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the MGA to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 2, valuing the pair at 0.0191. Conversely, the yearly low was recorded on December 31, dropping to 0.0157.

This high-to-low spread represents a total annual volatility of 0.0034 MKD. From a start-to-finish perspective, comparing the January average rate of 0.0176 to the December average rate of 0.0161, the exchange rate registered a net change of -8.64% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.0191 was up 1.45% compared to the 2016 peak of 0.0188, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 95 MKD

2016 Average 88 MKD

Yearly Trough Low 79 MKD

Transaction Impact: A difference of 16.78 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.0186

0.0159

JanuMarcMayJulySeptNove

MGA 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 0.0179, compared to 0.0171 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0008 points.

H1 Avg (Jan–Jun) 0.0179

H2 Avg (Jul–Dec) 0.0171

Volatility Range Comparison

Volatility

The most volatile month in 2017 was March, with a trading range of 0.0017 MKD (High: 0.0191 / Low: 0.0174). On the other end, September was the most stable month, with a tight range of 0.0005 MKD (High: 0.0175 / Low: 0.0171).

March Spread (Volatile) ±0.0017

September Spread (Stable) ±0.0005

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2017. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0005 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0005

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2017: 0.0181) against the same month in 2016 (average: 0.0173), the exchange rate shifted by +0.0009 (+4.99%).

2017 Avg (March) 0.0181

2016 Avg (March) 0.0173

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0180	0.0173	0.0176
February	0.0190	0.0177	0.0184
March	0.0191	0.0174	0.0181
April	0.0182	0.0173	0.0180
May	0.0180	0.0175	0.0178
June	0.0181	0.0171	0.0175
July	0.0185	0.0176	0.0181
August	0.0180	0.0172	0.0176
September	0.0175	0.0171	0.0173
October	0.0173	0.0168	0.0170
November	0.0168	0.0161	0.0165
December	0.0165	0.0157	0.0161