2017 MKD to MVR Historical Review

YEARLY HIGH

0.3010 MVR

YEARLY LOW

0.2581 MVR

YEARLY AVERAGE

0.2830 MVR

2017 MKD to MVR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the MKD to MVR exchange rate experienced significant fluctuation. The market reached its absolute peak on September 8, valuing the pair at 0.3010. Conversely, the yearly low was recorded on January 3, dropping to 0.2581.

This high-to-low spread represents a total annual volatility of 0.0429 MVR. From a start-to-finish perspective, comparing the January average rate of 0.2656 to the December average rate of 0.2963, the exchange rate registered a net change of 11.58% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.3010 was up 5.28% compared to the 2016 peak of 0.2859, 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 1,505 MVR

2016 Average 1,372 MVR

Yearly Trough Low 1,290 MVR

Transaction Impact: A difference of 214.51 MVR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.3015

0.2623

JanuMarcMayJulySeptNove

MKD to MVR 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 0.2719, compared to 0.2942 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0223 points.

H1 Avg (Jan–Jun) 0.2719

H2 Avg (Jul–Dec) 0.2942

Volatility Range Comparison

Volatility

The most volatile month in 2017 was August, with a trading range of 0.0307 MVR (High: 0.3008 / Low: 0.2701). On the other end, October was the most stable month, with a tight range of 0.0064 MVR (High: 0.2967 / Low: 0.2903).

August Spread (Volatile) ±0.0307

October Spread (Stable) ±0.0064

Growth Streaks & Declines

Trends

Between April and September, 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 September and October, when the average rate fell by 0.0042 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0042

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2017: 0.2983) against the same month in 2016 (average: 0.2778), the exchange rate shifted by +0.0205 (+7.36%).

2017 Avg (September) 0.2983

2016 Avg (September) 0.2778

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2704	0.2581	0.2656
February	0.2709	0.2645	0.2671
March	0.2721	0.2653	0.2687
April	0.2738	0.2653	0.2685
May	0.2847	0.2709	0.2780
June	0.2873	0.2804	0.2834
July	0.2956	0.2853	0.2898
August	0.3008	0.2701	0.2939
September	0.3010	0.2936	0.2983
October	0.2967	0.2903	0.2940
November	0.2967	0.2891	0.2929
December	0.3004	0.2937	0.2963