2017 MKD to CVE Historical Review

YEARLY HIGH

1.8145 CVE

YEARLY LOW

1.7652 CVE

YEARLY AVERAGE

1.7958 CVE

2017 MKD to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the MKD to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on January 5, valuing the pair at 1.8145. Conversely, the yearly low was recorded on June 29, dropping to 1.7652.

This high-to-low spread represents a total annual volatility of 0.0493 CVE. From a start-to-finish perspective, comparing the January average rate of 1.7956 to the December average rate of 1.7975, the exchange rate registered a net change of 0.10% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 1.8145 was down 0.15% compared to the 2016 peak of 1.8172, 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 9,072 CVE

2016 Average 8,954 CVE

Yearly Trough Low 8,826 CVE

Transaction Impact: A difference of 246.51 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

1.7991

1.7925

JanuMarcMayJulySeptNove

MKD to CVE 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 1.7958, compared to 1.7958 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 1.7958

H2 Avg (Jul–Dec) 1.7958

Volatility Range Comparison

Volatility

The most volatile month in 2017 was June, with a trading range of 0.0378 CVE (High: 1.8030 / Low: 1.7652). On the other end, February was the most stable month, with a tight range of 0.0080 CVE (High: 1.7991 / Low: 1.7911).

June Spread (Volatile) ±0.0378

February Spread (Stable) ±0.0080

Growth Streaks & Declines

Trends

Between March and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.0031 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0031

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2017: 1.7956) against the same month in 2016 (average: 1.7908), the exchange rate shifted by +0.0049 (+0.27%).

2017 Avg (January) 1.7956

2016 Avg (January) 1.7908

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.8145	1.7770	1.7956
February	1.7991	1.7911	1.7958
March	1.8121	1.7838	1.7942
April	1.8043	1.7900	1.7963
May	1.8058	1.7864	1.7980
June	1.8030	1.7652	1.7949
July	1.8062	1.7882	1.7951
August	1.8015	1.7796	1.7930
September	1.8056	1.7822	1.7968
October	1.8037	1.7712	1.7941
November	1.8113	1.7929	1.7986
December	1.8072	1.7912	1.7975