2017 MKD to IDR Historical Review

YEARLY HIGH

264.4921 IDR

YEARLY LOW

228.0348 IDR

YEARLY AVERAGE

245.4069 IDR

2017 MKD to IDR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the MKD to IDR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 264.4921. Conversely, the yearly low was recorded on March 2, dropping to 228.0348.

This high-to-low spread represents a total annual volatility of 36.4573 IDR. From a start-to-finish perspective, comparing the January average rate of 230.9672 to the December average rate of 260.6742, the exchange rate registered a net change of 12.86% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 264.4921 was up 6.25% compared to the 2016 peak of 248.9354, 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 1,322,460 IDR

2016 Average 1,195,630 IDR

Yearly Trough Low 1,140,174 IDR

Transaction Impact: A difference of 182,286.46 IDR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

263.7037

227.3501

JanuMarcMayJulySeptNove

MKD to IDR 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 234.2775, compared to 256.5364 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 22.2589 points.

H1 Avg (Jan–Jun) 234.2775

H2 Avg (Jul–Dec) 256.5364

Volatility Range Comparison

Volatility

The most volatile month in 2017 was July, with a trading range of 8.5674 IDR (High: 254.6321 / Low: 246.0646). On the other end, October was the most stable month, with a tight range of 4.4620 IDR (High: 260.3518 / Low: 255.8898).

July Spread (Volatile) ±8.5674

October Spread (Stable) ±4.4620

Growth Streaks & Declines

Trends

Between February and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.5876 points.

Longest Streak 8 Mo.

Sharpest MoM Drop -0.5876

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2017: 260.6742) against the same month in 2016 (average: 229.7425), the exchange rate shifted by +30.9317 (+13.46%).

2017 Avg (December) 260.6742

2016 Avg (December) 229.7425

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	234.2673	228.3103	230.9672
February	233.8438	228.6965	230.3795
March	233.8353	228.0348	231.3517
April	235.9626	228.6348	231.3958
May	243.1685	235.3320	239.2831
June	247.0084	240.3815	242.2877
July	254.6321	246.0646	249.6953
August	259.6287	254.3350	255.6704
September	260.0358	254.7999	257.4224
October	260.3518	255.8898	258.0073
November	261.5939	254.2866	257.7489
December	264.4921	258.5776	260.6742