2017 MKD to MRO Historical Review

YEARLY HIGH

7.1510 MRO

YEARLY LOW

6.0657 MRO

YEARLY AVERAGE

6.6013 MRO

2017 MKD to MRO Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the MKD to MRO exchange rate experienced significant fluctuation. The market reached its absolute peak on September 8, valuing the pair at 7.1510. Conversely, the yearly low was recorded on January 3, dropping to 6.0657.

This high-to-low spread represents a total annual volatility of 1.0853 MRO. From a start-to-finish perspective, comparing the January average rate of 6.1965 to the December average rate of 6.8351, the exchange rate registered a net change of 10.31% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 7.1510 was up 8.28% compared to the 2016 peak of 6.6041, 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 35,755 MRO

2016 Average 31,548 MRO

Yearly Trough Low 30,328 MRO

Transaction Impact: A difference of 5,426.38 MRO purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

7.1570

6.1092

JanuMarcMayJulySeptNove

MKD to MRO 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 6.3198, compared to 6.8829 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.5630 points.

H1 Avg (Jan–Jun) 6.3198

H2 Avg (Jul–Dec) 6.8829

Volatility Range Comparison

Volatility

The most volatile month in 2017 was October, with a trading range of 0.3276 MRO (High: 7.0325 / Low: 6.7048). On the other end, June was the most stable month, with a tight range of 0.1442 MRO (High: 6.6672 / Low: 6.5229).

October Spread (Volatile) ±0.3276

June Spread (Stable) ±0.1442

Growth Streaks & Declines

Trends

Between January and September, 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 September and October, when the average rate fell by 0.1780 points.

Longest Streak 8 Mo.

Sharpest MoM Drop -0.1780

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2017: 7.0697) against the same month in 2016 (average: 6.4781), the exchange rate shifted by +0.5915 (+9.13%).

2017 Avg (September) 7.0697

2016 Avg (September) 6.4781

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	6.2708	6.0657	6.1965
February	6.2947	6.1251	6.2026
March	6.3329	6.1121	6.2284
April	6.3943	6.2005	6.2635
May	6.5735	6.3524	6.4662
June	6.6672	6.5229	6.5616
July	6.9095	6.6143	6.7670
August	7.0993	6.9091	6.9655
September	7.1510	6.9532	7.0697
October	7.0325	6.7048	6.8917
November	6.8893	6.6818	6.7682
December	6.9211	6.7695	6.8351