2017 MKD to BND Historical Review

YEARLY HIGH

0.0263 BND

YEARLY LOW

0.0240 BND

YEARLY AVERAGE

0.0253 BND

2017 MKD to BND Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the MKD to BND exchange rate experienced significant fluctuation. The market reached its absolute peak on August 29, valuing the pair at 0.0263. Conversely, the yearly low was recorded on February 28, dropping to 0.0240.

This high-to-low spread represents a total annual volatility of 0.0023 BND. From a start-to-finish perspective, comparing the January average rate of 0.0247 to the December average rate of 0.0259, the exchange rate registered a net change of 4.85% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.0263 was up 2.87% compared to the 2016 peak of 0.0256, 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 132 BND

2016 Average 124 BND

Yearly Trough Low 120 BND

Transaction Impact: A difference of 11.60 BND purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.0263

0.0242

JanuMarcMayJulySeptNove

MKD to BND 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 0.0247, compared to 0.0259 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0012 points.

H1 Avg (Jan–Jun) 0.0247

H2 Avg (Jul–Dec) 0.0259

Volatility Range Comparison

Volatility

The most volatile month in 2017 was February, with a trading range of 0.0007 BND (High: 0.0248 / Low: 0.0240). On the other end, January was the most stable month, with a tight range of 0.0003 BND (High: 0.0248 / Low: 0.0245).

February Spread (Volatile) ±0.0007

January Spread (Stable) ±0.0003

Growth Streaks & Declines

Trends

Between April and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0003 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0003

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2017: 0.0261) against the same month in 2016 (average: 0.0245), the exchange rate shifted by +0.0015 (+6.29%).

2017 Avg (August) 0.0261

2016 Avg (August) 0.0245

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0248	0.0245	0.0247
February	0.0248	0.0240	0.0244
March	0.0246	0.0241	0.0244
April	0.0248	0.0241	0.0243
May	0.0253	0.0247	0.0250
June	0.0255	0.0250	0.0252
July	0.0259	0.0254	0.0257
August	0.0263	0.0259	0.0261
September	0.0262	0.0259	0.0261
October	0.0261	0.0257	0.0260
November	0.0261	0.0256	0.0258
December	0.0261	0.0257	0.0259