2017 MKD to BZD Historical Review

YEARLY HIGH

0.0395 BZD

YEARLY LOW

0.0340 BZD

YEARLY AVERAGE

0.0369 BZD

2017 MKD to BZD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the MKD to BZD exchange rate experienced significant fluctuation. The market reached its absolute peak on September 8, valuing the pair at 0.0395. Conversely, the yearly low was recorded on January 3, dropping to 0.0340.

This high-to-low spread represents a total annual volatility of 0.0055 BZD. From a start-to-finish perspective, comparing the January average rate of 0.0347 to the December average rate of 0.0387, the exchange rate registered a net change of 11.36% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.0395 was up 6.15% compared to the 2016 peak of 0.0372, 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 198 BZD

2016 Average 180 BZD

Yearly Trough Low 170 BZD

Transaction Impact: A difference of 27.39 BZD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.0395

0.0343

JanuMarcMayJulySeptNove

MKD to BZD 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 0.0353, compared to 0.0385 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0031 points.

H1 Avg (Jan–Jun) 0.0353

H2 Avg (Jul–Dec) 0.0385

Volatility Range Comparison

Volatility

The most volatile month in 2017 was July, with a trading range of 0.0014 BZD (High: 0.0383 / Low: 0.0370). On the other end, June was the most stable month, with a tight range of 0.0008 BZD (High: 0.0372 / Low: 0.0364).

July Spread (Volatile) ±0.0014

June Spread (Stable) ±0.0008

Growth Streaks & Declines

Trends

Between February and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0006 points.

Longest Streak 7 Mo.

Sharpest MoM Drop -0.0006

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2017: 0.0390) against the same month in 2016 (average: 0.0364), the exchange rate shifted by +0.0026 (+7.25%).

2017 Avg (September) 0.0390

2016 Avg (September) 0.0364

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0351	0.0340	0.0347
February	0.0353	0.0344	0.0347
March	0.0353	0.0342	0.0348
April	0.0357	0.0346	0.0350
May	0.0366	0.0355	0.0361
June	0.0372	0.0364	0.0366
July	0.0383	0.0370	0.0376
August	0.0395	0.0381	0.0386
September	0.0395	0.0384	0.0390
October	0.0388	0.0379	0.0384
November	0.0390	0.0378	0.0383
December	0.0392	0.0383	0.0387