2017 MKD to BIF Historical Review

YEARLY HIGH

34.3008 BIF

YEARLY LOW

28.2871 BIF

YEARLY AVERAGE

31.6150 BIF

2017 MKD to BIF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the MKD to BIF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 34.3008. Conversely, the yearly low was recorded on January 3, dropping to 28.2871.

This high-to-low spread represents a total annual volatility of 6.0137 BIF. From a start-to-finish perspective, comparing the January average rate of 29.0292 to the December average rate of 33.8306, the exchange rate registered a net change of 16.54% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 34.3008 was up 11.02% compared to the 2016 peak of 30.8964, 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 171,504 BIF

2016 Average 145,287 BIF

Yearly Trough Low 141,436 BIF

Transaction Impact: A difference of 30,068.58 BIF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

34.3107

28.5490

JanuMarcMayJulySeptNove

MKD to BIF 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 29.8683, compared to 33.3617 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 3.4934 points.

H1 Avg (Jan–Jun) 29.8683

H2 Avg (Jul–Dec) 33.3617

Volatility Range Comparison

Volatility

The most volatile month in 2017 was July, with a trading range of 1.5593 BIF (High: 33.0014 / Low: 31.4420). On the other end, October was the most stable month, with a tight range of 0.6723 BIF (High: 33.7418 / Low: 33.0694).

July Spread (Volatile) ±1.5593

October Spread (Stable) ±0.6723

Growth Streaks & Declines

Trends

Between January and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.3101 points.

Longest Streak 8 Mo.

Sharpest MoM Drop -0.3101

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2017: 33.8306) against the same month in 2016 (average: 28.6982), the exchange rate shifted by +5.1324 (+17.88%).

2017 Avg (December) 33.8306

2016 Avg (December) 28.6982

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	29.6217	28.2871	29.0292
February	29.7640	28.9767	29.2527
March	30.1777	28.7959	29.4082
April	30.1424	29.2217	29.5179
May	31.4101	29.9273	30.5958
June	31.9720	31.2301	31.4058
July	33.0014	31.4420	32.2933
August	33.8993	32.8616	33.3111
September	34.1741	33.2950	33.7802
October	33.7418	33.0694	33.4702
November	34.1258	33.0159	33.4847
December	34.3008	33.5034	33.8306