2017 MKD to HTG Historical Review

YEARLY HIGH

1.2984 HTG

YEARLY LOW

1.1205 HTG

YEARLY AVERAGE

1.1907 HTG

2017 MKD to HTG Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the MKD to HTG exchange rate experienced significant fluctuation. The market reached its absolute peak on August 29, valuing the pair at 1.2984. Conversely, the yearly low was recorded on June 20, dropping to 1.1205.

This high-to-low spread represents a total annual volatility of 0.1779 HTG. From a start-to-finish perspective, comparing the January average rate of 1.1544 to the December average rate of 1.2286, the exchange rate registered a net change of 6.43% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 1.2984 was up 8.77% compared to the 2016 peak of 1.1937, 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 6,492 HTG

2016 Average 5,663 HTG

Yearly Trough Low 5,602 HTG

Transaction Impact: A difference of 889.43 HTG purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

1.2437

1.1378

JanuMarcMayJulySeptNove

MKD to HTG 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 1.1736, compared to 1.2079 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0343 points.

H1 Avg (Jan–Jun) 1.1736

H2 Avg (Jul–Dec) 1.2079

Volatility Range Comparison

Volatility

The most volatile month in 2017 was August, with a trading range of 0.1389 HTG (High: 1.2984 / Low: 1.1594). On the other end, December was the most stable month, with a tight range of 0.0299 HTG (High: 1.2450 / Low: 1.2151).

August Spread (Volatile) ±0.1389

December Spread (Stable) ±0.0299

Growth Streaks & Declines

Trends

Between January and May, 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 May and June, when the average rate fell by 0.0883 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0883

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2017: 1.2179) against the same month in 2016 (average: 1.1666), the exchange rate shifted by +0.0513 (+4.39%).

2017 Avg (August) 1.2179

2016 Avg (August) 1.1666

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.1823	1.1297	1.1544
February	1.1843	1.1405	1.1560
March	1.2139	1.1329	1.1590
April	1.2273	1.1763	1.1905
May	1.2495	1.2159	1.2348
June	1.2551	1.1205	1.1466
July	1.1873	1.1414	1.1636
August	1.2984	1.1594	1.2179
September	1.2355	1.2032	1.2225
October	1.2238	1.1885	1.2069
November	1.2339	1.1883	1.2077
December	1.2450	1.2151	1.2286