2017 MKD to GMD Historical Review

YEARLY HIGH

0.9299 GMD

YEARLY LOW

0.7275 GMD

YEARLY AVERAGE

0.8410 GMD

2017 MKD to GMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the MKD to GMD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 0.9299. Conversely, the yearly low was recorded on January 3, dropping to 0.7275.

This high-to-low spread represents a total annual volatility of 0.2023 GMD. From a start-to-finish perspective, comparing the January average rate of 0.7524 to the December average rate of 0.9142, the exchange rate registered a net change of 21.51% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.9299 was up 17.08% compared to the 2016 peak of 0.7942, 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 4,649 GMD

2016 Average 3,775 GMD

Yearly Trough Low 3,638 GMD

Transaction Impact: A difference of 1,011.53 GMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.9304

0.7362

JanuMarcMayJulySeptNove

MKD to GMD 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 0.7905, compared to 0.8915 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1010 points.

H1 Avg (Jan–Jun) 0.7905

H2 Avg (Jul–Dec) 0.8915

Volatility Range Comparison

Volatility

The most volatile month in 2017 was January, with a trading range of 0.0385 GMD (High: 0.7660 / Low: 0.7275). On the other end, February was the most stable month, with a tight range of 0.0165 GMD (High: 0.7710 / Low: 0.7545).

January Spread (Volatile) ±0.0385

February Spread (Stable) ±0.0165

Growth Streaks & Declines

Trends

Between January and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 11 straight months. No significant month-over-month rate declines were detected.

Longest Streak 11 Mo.

Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2017: 0.9142) against the same month in 2016 (average: 0.7333), the exchange rate shifted by +0.1809 (+24.67%).

2017 Avg (December) 0.9142

2016 Avg (December) 0.7333

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.7660	0.7275	0.7524
February	0.7710	0.7545	0.7630
March	0.7935	0.7593	0.7756
April	0.8042	0.7763	0.7864
May	0.8424	0.8049	0.8281
June	0.8537	0.8298	0.8374
July	0.8802	0.8477	0.8616
August	0.8971	0.8642	0.8798
September	0.9020	0.8794	0.8910
October	0.9129	0.8757	0.8984
November	0.9198	0.8895	0.9039
December	0.9299	0.9058	0.9142