2017 MKD to AED Historical Review

YEARLY HIGH

0.0718 AED

YEARLY LOW

0.0621 AED

YEARLY AVERAGE

0.0674 AED

2017 MKD to AED Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the MKD to AED exchange rate experienced significant fluctuation. The market reached its absolute peak on September 10, valuing the pair at 0.0718. Conversely, the yearly low was recorded on January 3, dropping to 0.0621.

This high-to-low spread represents a total annual volatility of 0.0096 AED. From a start-to-finish perspective, comparing the January average rate of 0.0635 to the December average rate of 0.0707, the exchange rate registered a net change of 11.32% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.0718 was up 4.87% compared to the 2016 peak of 0.0685, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 359 AED

2016 Average 330 AED

Yearly Trough Low 311 AED

Transaction Impact: A difference of 48.21 AED purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.0718

0.0627

JanuMarcMayJulySeptNove

MKD to AED 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 0.0646, compared to 0.0702 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0056 points.

H1 Avg (Jan–Jun) 0.0646

H2 Avg (Jul–Dec) 0.0702

Volatility Range Comparison

Volatility

The most volatile month in 2017 was July, with a trading range of 0.0027 AED (High: 0.0703 / Low: 0.0676). On the other end, February was the most stable month, with a tight range of 0.0014 AED (High: 0.0643 / Low: 0.0629).

July Spread (Volatile) ±0.0027

February Spread (Stable) ±0.0014

Growth Streaks & Declines

Trends

Between February and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0010 points.

Longest Streak 7 Mo.

Sharpest MoM Drop -0.0010

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2017: 0.0711) against the same month in 2016 (average: 0.0669), the exchange rate shifted by +0.0042 (+6.29%).

2017 Avg (September) 0.0711

2016 Avg (September) 0.0669

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0644	0.0621	0.0635
February	0.0643	0.0629	0.0635
March	0.0645	0.0627	0.0637
April	0.0653	0.0632	0.0639
May	0.0670	0.0648	0.0660
June	0.0681	0.0664	0.0669
July	0.0703	0.0676	0.0688
August	0.0715	0.0699	0.0704
September	0.0718	0.0700	0.0711
October	0.0708	0.0692	0.0701
November	0.0712	0.0691	0.0701
December	0.0717	0.0700	0.0707