2017 MKD to HRK Historical Review

YEARLY HIGH

0.1238 HRK

YEARLY LOW

0.1182 HRK

YEARLY AVERAGE

0.1211 HRK

2017 MKD to HRK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the MKD to HRK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 8, valuing the pair at 0.1238. Conversely, the yearly low was recorded on June 29, dropping to 0.1182.

This high-to-low spread represents a total annual volatility of 0.0056 HRK. From a start-to-finish perspective, comparing the January average rate of 0.1224 to the December average rate of 0.1223, the exchange rate registered a net change of -0.04% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.1238 was down 0.69% compared to the 2016 peak of 0.1247, 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 619 HRK

2016 Average 612 HRK

Yearly Trough Low 591 HRK

Transaction Impact: A difference of 28.00 HRK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.1228

0.1198

JanuMarcMayJulySeptNove

MKD to HRK 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 0.1209, compared to 0.1214 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0005 points.

H1 Avg (Jan–Jun) 0.1209

H2 Avg (Jul–Dec) 0.1214

Volatility Range Comparison

Volatility

The most volatile month in 2017 was January, with a trading range of 0.0024 HRK (High: 0.1238 / Low: 0.1214). On the other end, October was the most stable month, with a tight range of 0.0005 HRK (High: 0.1222 / Low: 0.1217).

January Spread (Volatile) ±0.0024

October Spread (Stable) ±0.0005

Growth Streaks & Declines

Trends

Between August and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0016 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0016

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2017: 0.1224) against the same month in 2016 (average: 0.1243), the exchange rate shifted by -0.0020 (-1.57%).

2017 Avg (January) 0.1224

2016 Avg (January) 0.1243

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1238	0.1214	0.1224
February	0.1213	0.1204	0.1208
March	0.1209	0.1195	0.1203
April	0.1215	0.1205	0.1210
May	0.1213	0.1202	0.1207
June	0.1206	0.1182	0.1202
July	0.1208	0.1195	0.1203
August	0.1206	0.1194	0.1201
September	0.1217	0.1204	0.1212
October	0.1222	0.1217	0.1219
November	0.1231	0.1221	0.1226
December	0.1227	0.1207	0.1223