2017 MKD to MGA Historical Review

YEARLY HIGH

63.6225 MGA

YEARLY LOW

52.4294 MGA

YEARLY AVERAGE

57.2346 MGA

2017 MKD to MGA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the MKD to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 63.6225. Conversely, the yearly low was recorded on March 2, dropping to 52.4294.

This high-to-low spread represents a total annual volatility of 11.1931 MGA. From a start-to-finish perspective, comparing the January average rate of 56.6997 to the December average rate of 62.0636, the exchange rate registered a net change of 9.46% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 63.6225 was up 4.81% compared to the 2016 peak of 60.7024, 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 318,113 MGA

2016 Average 285,500 MGA

Yearly Trough Low 262,147 MGA

Transaction Impact: A difference of 55,965.61 MGA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

62.8242

53.6971

JanuMarcMayJulySeptNove

MKD to MGA 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 55.8927, compared to 58.5765 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2.6838 points.

H1 Avg (Jan–Jun) 55.8927

H2 Avg (Jul–Dec) 58.5765

Volatility Range Comparison

Volatility

The most volatile month in 2017 was March, with a trading range of 5.1422 MGA (High: 57.5716 / Low: 52.4294). On the other end, September was the most stable month, with a tight range of 1.5954 MGA (High: 58.6210 / Low: 57.0256).

March Spread (Volatile) ±5.1422

September Spread (Stable) ±1.5954

Growth Streaks & Declines

Trends

Between July and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 2.2420 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -2.2420

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2017: 62.0636) against the same month in 2016 (average: 57.1141), the exchange rate shifted by +4.9495 (+8.67%).

2017 Avg (December) 62.0636

2016 Avg (December) 57.1141

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	57.8057	55.4083	56.6997
February	56.4464	52.6135	54.4577
March	57.5716	52.4294	55.2629
April	57.8647	54.9970	55.6777
May	57.1553	55.5183	56.2051
June	58.6307	55.2523	57.0532
July	56.9256	53.9922	55.3738
August	58.0780	55.5078	56.8139
September	58.6210	57.0256	57.8266
October	59.6371	57.7473	58.7536
November	62.0311	59.6233	60.6273
December	63.6225	60.7314	62.0636