2017 MKD to ALL Historical Review

YEARLY HIGH

2.2325 ALL

YEARLY LOW

2.1159 ALL

YEARLY AVERAGE

2.1778 ALL

2017 MKD to ALL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the MKD to ALL exchange rate experienced significant fluctuation. The market reached its absolute peak on January 31, valuing the pair at 2.2325. Conversely, the yearly low was recorded on June 29, dropping to 2.1159.

This high-to-low spread represents a total annual volatility of 0.1167 ALL. From a start-to-finish perspective, comparing the January average rate of 2.2163 to the December average rate of 2.1653, the exchange rate registered a net change of -2.30% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 2.2325 was down 2.36% compared to the 2016 peak of 2.2865, 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 11,163 ALL

2016 Average 11,152 ALL

Yearly Trough Low 10,579 ALL

Transaction Impact: A difference of 583.37 ALL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

2.2230

2.1419

JanuMarcMayJulySeptNove

MKD to ALL 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 2.1926, compared to 2.1631 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0295 points.

H1 Avg (Jan–Jun) 2.1926

H2 Avg (Jul–Dec) 2.1631

Volatility Range Comparison

Volatility

The most volatile month in 2017 was January, with a trading range of 0.0643 ALL (High: 2.2325 / Low: 2.1682). On the other end, December was the most stable month, with a tight range of 0.0164 ALL (High: 2.1722 / Low: 2.1558).

January Spread (Volatile) ±0.0643

December Spread (Stable) ±0.0164

Growth Streaks & Declines

Trends

Between August and October, 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 May and June, when the average rate fell by 0.0248 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0248

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2017: 2.2163) against the same month in 2016 (average: 2.2428), the exchange rate shifted by -0.0265 (-1.18%).

2017 Avg (January) 2.2163

2016 Avg (January) 2.2428

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.2325	2.1682	2.2163
February	2.2191	2.1911	2.2015
March	2.2087	2.1792	2.1947
April	2.2087	2.1893	2.1990
May	2.1989	2.1395	2.1844
June	2.1787	2.1159	2.1596
July	2.1637	2.1451	2.1532
August	2.1687	2.1348	2.1486
September	2.1852	2.1522	2.1705
October	2.1777	2.1481	2.1719
November	2.1801	2.1601	2.1691
December	2.1722	2.1558	2.1653