2017 MKD to IQD Historical Review

YEARLY HIGH

23.2222 IQD

YEARLY LOW

19.9625 IQD

YEARLY AVERAGE

21.5129 IQD

2017 MKD to IQD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the MKD to IQD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 23.2222. Conversely, the yearly low was recorded on January 3, dropping to 19.9625.

This high-to-low spread represents a total annual volatility of 3.2597 IQD. From a start-to-finish perspective, comparing the January average rate of 20.4017 to the December average rate of 22.8973, the exchange rate registered a net change of 12.23% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 23.2222 was up 6.25% compared to the 2016 peak of 21.8560, 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 116,111 IQD

2016 Average 102,410 IQD

Yearly Trough Low 99,813 IQD

Transaction Impact: A difference of 16,298.26 IQD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

23.1503

20.1138

JanuMarcMayJulySeptNove

MKD to IQD 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 20.6399, compared to 22.3860 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.7462 points.

H1 Avg (Jan–Jun) 20.6399

H2 Avg (Jul–Dec) 22.3860

Volatility Range Comparison

Volatility

The most volatile month in 2017 was May, with a trading range of 0.9966 IQD (High: 21.5300 / Low: 20.5334). On the other end, June was the most stable month, with a tight range of 0.5425 IQD (High: 21.6060 / Low: 21.0635).

May Spread (Volatile) ±0.9966

June Spread (Stable) ±0.5425

Growth Streaks & Declines

Trends

Between March and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.3760 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -0.3760

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2017: 22.8973) against the same month in 2016 (average: 20.1440), the exchange rate shifted by +2.7532 (+13.67%).

2017 Avg (December) 22.8973

2016 Avg (December) 20.1440

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	20.6531	19.9625	20.4017
February	20.8262	20.1510	20.4118
March	20.7729	19.9697	20.3668
April	20.8464	20.0915	20.3734
May	21.5300	20.5334	21.0057
June	21.6060	21.0635	21.2797
July	22.2100	21.5555	21.8463
August	22.8562	22.1464	22.3647
September	22.8932	22.2487	22.6639
October	22.5791	22.0254	22.2879
November	22.8707	21.9284	22.2561
December	23.2222	22.6416	22.8973