2017 MKD to CLP Historical Review

YEARLY HIGH

12.5415 CLP

YEARLY LOW

10.9869 CLP

YEARLY AVERAGE

11.8892 CLP

2017 MKD to CLP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the MKD to CLP exchange rate experienced significant fluctuation. The market reached its absolute peak on December 11, valuing the pair at 12.5415. Conversely, the yearly low was recorded on February 21, dropping to 10.9869.

This high-to-low spread represents a total annual volatility of 1.5546 CLP. From a start-to-finish perspective, comparing the January average rate of 11.4035 to the December average rate of 12.2167, the exchange rate registered a net change of 7.13% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 12.5415 was down 4.22% compared to the 2016 peak of 13.0946, 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 62,707 CLP

2016 Average 60,804 CLP

Yearly Trough Low 54,935 CLP

Transaction Impact: A difference of 7,772.97 CLP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

12.4535

10.9886

JanuMarcMayJulySeptNove

MKD to CLP 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 11.5953, compared to 12.1831 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.5878 points.

H1 Avg (Jan–Jun) 11.5953

H2 Avg (Jul–Dec) 12.1831

Volatility Range Comparison

Volatility

The most volatile month in 2017 was April, with a trading range of 0.6475 CLP (High: 11.8060 / Low: 11.1585). On the other end, July was the most stable month, with a tight range of 0.2660 CLP (High: 12.4747 / Low: 12.2088).

April Spread (Volatile) ±0.6475

July Spread (Stable) ±0.2660

Growth Streaks & Declines

Trends

Between April and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.2929 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.2929

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2017: 12.2167) against the same month in 2016 (average: 11.4263), the exchange rate shifted by +0.7904 (+6.92%).

2017 Avg (December) 12.2167

2016 Avg (December) 11.4263

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	11.5746	11.2736	11.4035
February	11.2982	10.9869	11.1107
March	11.6846	11.1429	11.4707
April	11.8060	11.1585	11.4095
May	12.2826	11.7752	12.0659
June	12.3103	11.9963	12.1116
July	12.4747	12.2088	12.3193
August	12.5156	12.1064	12.3314
September	12.2836	11.9725	12.1110
October	12.2107	11.8599	12.0342
November	12.5048	11.8917	12.0858
December	12.5415	11.8949	12.2167