2017 MKD to BOB Historical Review

YEARLY HIGH

0.1367 BOB

YEARLY LOW

0.1171 BOB

YEARLY AVERAGE

0.1272 BOB

2017 MKD to BOB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the MKD to BOB exchange rate experienced significant fluctuation. The market reached its absolute peak on September 8, valuing the pair at 0.1367. Conversely, the yearly low was recorded on January 3, dropping to 0.1171.

This high-to-low spread represents a total annual volatility of 0.0196 BOB. From a start-to-finish perspective, comparing the January average rate of 0.1196 to the December average rate of 0.1330, the exchange rate registered a net change of 11.23% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.1367 was up 6.16% compared to the 2016 peak of 0.1288, 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 684 BOB

2016 Average 620 BOB

Yearly Trough Low 586 BOB

Transaction Impact: A difference of 97.91 BOB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.1366

0.1180

JanuMarcMayJulySeptNove

MKD to BOB 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 0.1218, compared to 0.1327 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0108 points.

H1 Avg (Jan–Jun) 0.1218

H2 Avg (Jul–Dec) 0.1327

Volatility Range Comparison

Volatility

The most volatile month in 2017 was July, with a trading range of 0.0050 BOB (High: 0.1327 / Low: 0.1276). On the other end, June was the most stable month, with a tight range of 0.0028 BOB (High: 0.1286 / Low: 0.1257).

July Spread (Volatile) ±0.0050

June Spread (Stable) ±0.0028

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 0.0031 points.

Longest Streak 8 Mo.

Sharpest MoM Drop -0.0031

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2017: 0.1351) against the same month in 2016 (average: 0.1259), the exchange rate shifted by +0.0092 (+7.29%).

2017 Avg (September) 0.1351

2016 Avg (September) 0.1259

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1211	0.1171	0.1196
February	0.1216	0.1182	0.1196
March	0.1218	0.1179	0.1200
April	0.1235	0.1192	0.1206
May	0.1269	0.1227	0.1247
June	0.1286	0.1257	0.1264
July	0.1327	0.1276	0.1301
August	0.1366	0.1320	0.1334
September	0.1367	0.1325	0.1351
October	0.1339	0.1307	0.1320
November	0.1351	0.1303	0.1324
December	0.1351	0.1317	0.1330