2017 MKD to MZN Historical Review

YEARLY HIGH

1.2997 MZN

YEARLY LOW

1.0785 MZN

YEARLY AVERAGE

1.1763 MZN

2017 MKD to MZN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the MKD to MZN exchange rate experienced significant fluctuation. The market reached its absolute peak on June 3, valuing the pair at 1.2997. Conversely, the yearly low was recorded on June 21, dropping to 1.0785.

This high-to-low spread represents a total annual volatility of 0.2212 MZN. From a start-to-finish perspective, comparing the January average rate of 1.2223 to the December average rate of 1.1491, the exchange rate registered a net change of -5.99% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 1.2997 was down 9.28% compared to the 2016 peak of 1.4326, 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 6,498 MZN

2016 Average 5,624 MZN

Yearly Trough Low 5,393 MZN

Transaction Impact: A difference of 1,105.78 MZN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

1.2312

1.1242

JanuMarcMayJulySeptNove

MKD to MZN 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 1.1910, compared to 1.1617 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0293 points.

H1 Avg (Jan–Jun) 1.1910

H2 Avg (Jul–Dec) 1.1617

Volatility Range Comparison

Volatility

The most volatile month in 2017 was June, with a trading range of 0.2212 MZN (High: 1.2997 / Low: 1.0785). On the other end, March was the most stable month, with a tight range of 0.0268 MZN (High: 1.2118 / Low: 1.1850).

June Spread (Volatile) ±0.2212

March Spread (Stable) ±0.0268

Growth Streaks & Declines

Trends

Between July and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.0795 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0795

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2017: 1.1396) against the same month in 2016 (average: 1.1064), the exchange rate shifted by +0.0331 (+3.00%).

2017 Avg (June) 1.1396

2016 Avg (June) 1.1064

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.2370	1.2054	1.2223
February	1.2343	1.1921	1.2143
March	1.2118	1.1850	1.1995
April	1.1850	1.1286	1.1511
May	1.2948	1.1297	1.2191
June	1.2997	1.0785	1.1396
July	1.1671	1.0985	1.1331
August	1.1877	1.1590	1.1710
September	1.2027	1.1749	1.1907
October	1.1853	1.1500	1.1655
November	1.1820	1.1482	1.1607
December	1.1784	1.1324	1.1491