2017 MKD to BRL Historical Review

YEARLY HIGH

0.0646 BRL

YEARLY LOW

0.0525 BRL

YEARLY AVERAGE

0.0586 BRL

2017 MKD to BRL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the MKD to BRL exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 0.0646. Conversely, the yearly low was recorded on February 22, dropping to 0.0525.

This high-to-low spread represents a total annual volatility of 0.0121 BRL. From a start-to-finish perspective, comparing the January average rate of 0.0552 to the December average rate of 0.0634, the exchange rate registered a net change of 14.84% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.0646 was down 11.98% compared to the 2016 peak of 0.0734, 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 323 BRL

2016 Average 313 BRL

Yearly Trough Low 263 BRL

Transaction Impact: A difference of 60.51 BRL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.0644

0.0527

JanuMarcMayJulySeptNove

MKD to BRL 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 0.0559, compared to 0.0612 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0054 points.

H1 Avg (Jan–Jun) 0.0559

H2 Avg (Jul–Dec) 0.0612

Volatility Range Comparison

Volatility

The most volatile month in 2017 was May, with a trading range of 0.0055 BRL (High: 0.0609 / Low: 0.0554). On the other end, September was the most stable month, with a tight range of 0.0012 BRL (High: 0.0613 / Low: 0.0600).

May Spread (Volatile) ±0.0055

September Spread (Stable) ±0.0012

Growth Streaks & Declines

Trends

Between July and December, 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 0.0016 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0016

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2017: 0.0634) against the same month in 2016 (average: 0.0575), the exchange rate shifted by +0.0059 (+10.33%).

2017 Avg (December) 0.0634

2016 Avg (December) 0.0575

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0562	0.0544	0.0552
February	0.0547	0.0525	0.0537
March	0.0552	0.0529	0.0542
April	0.0562	0.0536	0.0546
May	0.0609	0.0554	0.0576
June	0.0613	0.0592	0.0600
July	0.0613	0.0589	0.0599
August	0.0616	0.0597	0.0604
September	0.0613	0.0600	0.0606
October	0.0622	0.0599	0.0609
November	0.0634	0.0613	0.0622
December	0.0646	0.0620	0.0634