2017 MKD to BGN Historical Review

YEARLY HIGH

0.0320 BGN

YEARLY LOW

0.0312 BGN

YEARLY AVERAGE

0.0317 BGN

2017 MKD to BGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the MKD to BGN exchange rate experienced significant fluctuation. The market reached its absolute peak on January 2, valuing the pair at 0.0320. Conversely, the yearly low was recorded on June 29, dropping to 0.0312.

This high-to-low spread represents a total annual volatility of 0.0008 BGN. From a start-to-finish perspective, comparing the January average rate of 0.0318 to the December average rate of 0.0318, the exchange rate registered a net change of -0.09% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.0320 was down 0.12% compared to the 2016 peak of 0.0320, 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 160 BGN

2016 Average 159 BGN

Yearly Trough Low 156 BGN

Transaction Impact: A difference of 3.91 BGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.0318

0.0317

JanuMarcMayJulySeptNove

MKD to BGN 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 0.0318, compared to 0.0317 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0000 points.

H1 Avg (Jan–Jun) 0.0318

H2 Avg (Jul–Dec) 0.0317

Volatility Range Comparison

Volatility

The most volatile month in 2017 was June, with a trading range of 0.0006 BGN (High: 0.0318 / Low: 0.0312). On the other end, February was the most stable month, with a tight range of 0.0001 BGN (High: 0.0318 / Low: 0.0317).

June Spread (Volatile) ±0.0006

February Spread (Stable) ±0.0001

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 0.0000 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2017: 0.0318) against the same month in 2016 (average: 0.0318), the exchange rate shifted by +0.0000 (+0.09%).

2017 Avg (January) 0.0318

2016 Avg (January) 0.0318

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0320	0.0317	0.0318
February	0.0318	0.0317	0.0318
March	0.0318	0.0315	0.0317
April	0.0319	0.0317	0.0318
May	0.0319	0.0316	0.0318
June	0.0318	0.0312	0.0317
July	0.0319	0.0315	0.0317
August	0.0318	0.0315	0.0317
September	0.0318	0.0317	0.0318
October	0.0318	0.0317	0.0318
November	0.0318	0.0317	0.0318
December	0.0318	0.0317	0.0318