2017 MKD to JMD Historical Review

YEARLY HIGH

2.5422 JMD

YEARLY LOW

2.1772 JMD

YEARLY AVERAGE

2.3529 JMD

2017 MKD to JMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the MKD to JMD exchange rate experienced significant fluctuation. The market reached its absolute peak on September 18, valuing the pair at 2.5422. Conversely, the yearly low was recorded on January 3, dropping to 2.1772.

This high-to-low spread represents a total annual volatility of 0.3651 JMD. From a start-to-finish perspective, comparing the January average rate of 2.2258 to the December average rate of 2.4068, the exchange rate registered a net change of 8.13% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 2.5422 was up 8.82% compared to the 2016 peak of 2.3361, 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 12,711 JMD

2016 Average 11,242 JMD

Yearly Trough Low 10,886 JMD

Transaction Impact: A difference of 1,825.33 JMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

2.5419

2.1955

JanuMarcMayJulySeptNove

MKD to JMD 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 2.2694, compared to 2.4364 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1670 points.

H1 Avg (Jan–Jun) 2.2694

H2 Avg (Jul–Dec) 2.4364

Volatility Range Comparison

Volatility

The most volatile month in 2017 was October, with a trading range of 0.1053 JMD (High: 2.5040 / Low: 2.3987). On the other end, December was the most stable month, with a tight range of 0.0367 JMD (High: 2.4269 / Low: 2.3903).

October Spread (Volatile) ±0.1053

December Spread (Stable) ±0.0367

Growth Streaks & Declines

Trends

Between February and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0684 points.

Longest Streak 7 Mo.

Sharpest MoM Drop -0.0684

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2017: 2.5130) against the same month in 2016 (average: 2.3190), the exchange rate shifted by +0.1940 (+8.36%).

2017 Avg (September) 2.5130

2016 Avg (September) 2.3190

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.2522	2.1772	2.2258
February	2.2599	2.2036	2.2244
March	2.2729	2.1889	2.2314
April	2.2961	2.2176	2.2455
May	2.3720	2.2832	2.3251
June	2.3965	2.3492	2.3641
July	2.4317	2.3677	2.3986
August	2.5062	2.4171	2.4475
September	2.5422	2.4724	2.5130
October	2.5040	2.3987	2.4446
November	2.4420	2.3804	2.4079
December	2.4269	2.3903	2.4068