2017 MKD to GHS Historical Review

YEARLY HIGH

0.0898 GHS

YEARLY LOW

0.0717 GHS

YEARLY AVERAGE

0.0807 GHS

2017 MKD to GHS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the MKD to GHS exchange rate experienced significant fluctuation. The market reached its absolute peak on November 27, valuing the pair at 0.0898. Conversely, the yearly low was recorded on January 3, dropping to 0.0717.

This high-to-low spread represents a total annual volatility of 0.0182 GHS. From a start-to-finish perspective, comparing the January average rate of 0.0742 to the December average rate of 0.0868, the exchange rate registered a net change of 17.01% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.0898 was up 19.42% compared to the 2016 peak of 0.0752, 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 449 GHS

2016 Average 355 GHS

Yearly Trough Low 358 GHS

Transaction Impact: A difference of 90.85 GHS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.0881

0.0720

JanuMarcMayJulySeptNove

MKD to GHS 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 0.0766, compared to 0.0849 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0083 points.

H1 Avg (Jan–Jun) 0.0766

H2 Avg (Jul–Dec) 0.0849

Volatility Range Comparison

Volatility

The most volatile month in 2017 was March, with a trading range of 0.0069 GHS (High: 0.0819 / Low: 0.0750). On the other end, October was the most stable month, with a tight range of 0.0018 GHS (High: 0.0847 / Low: 0.0828).

March Spread (Volatile) ±0.0069

October Spread (Stable) ±0.0018

Growth Streaks & Declines

Trends

Between April and September, 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 March and April, when the average rate fell by 0.0052 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0052

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2017: 0.0859) against the same month in 2016 (average: 0.0708), the exchange rate shifted by +0.0151 (+21.28%).

2017 Avg (November) 0.0859

2016 Avg (November) 0.0708

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0764	0.0717	0.0742
February	0.0797	0.0751	0.0769
March	0.0819	0.0750	0.0785
April	0.0750	0.0721	0.0734
May	0.0801	0.0743	0.0769
June	0.0810	0.0781	0.0797
July	0.0837	0.0807	0.0821
August	0.0862	0.0839	0.0846
September	0.0867	0.0843	0.0857
October	0.0847	0.0828	0.0839
November	0.0898	0.0830	0.0859
December	0.0884	0.0858	0.0868