2017 MKD to NOK Historical Review

YEARLY HIGH

0.1622 NOK

YEARLY LOW

0.1430 NOK

YEARLY AVERAGE

0.1515 NOK

2017 MKD to NOK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the MKD to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 20, valuing the pair at 0.1622. Conversely, the yearly low was recorded on February 21, dropping to 0.1430.

This high-to-low spread represents a total annual volatility of 0.0193 NOK. From a start-to-finish perspective, comparing the January average rate of 0.1462 to the December average rate of 0.1599, the exchange rate registered a net change of 9.32% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.1622 was up 2.93% compared to the 2016 peak of 0.1576, 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 811 NOK

2016 Average 755 NOK

Yearly Trough Low 715 NOK

Transaction Impact: A difference of 96.26 NOK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.1615

0.1423

JanuMarcMayJulySeptNove

MKD to NOK 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 0.1490, compared to 0.1540 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0050 points.

H1 Avg (Jan–Jun) 0.1490

H2 Avg (Jul–Dec) 0.1540

Volatility Range Comparison

Volatility

The most volatile month in 2017 was November, with a trading range of 0.0073 NOK (High: 0.1607 / Low: 0.1534). On the other end, February was the most stable month, with a tight range of 0.0019 NOK (High: 0.1449 / Low: 0.1430).

November Spread (Volatile) ±0.0073

February Spread (Stable) ±0.0019

Growth Streaks & Declines

Trends

Between February and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0023 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0023

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2017: 0.1599) against the same month in 2016 (average: 0.1468), the exchange rate shifted by +0.0131 (+8.90%).

2017 Avg (December) 0.1599

2016 Avg (December) 0.1468

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1480	0.1445	0.1462
February	0.1449	0.1430	0.1439
March	0.1497	0.1441	0.1475
April	0.1523	0.1479	0.1495
May	0.1540	0.1518	0.1527
June	0.1553	0.1528	0.1541
July	0.1550	0.1493	0.1526
August	0.1524	0.1490	0.1511
September	0.1528	0.1500	0.1515
October	0.1547	0.1513	0.1527
November	0.1607	0.1534	0.1561
December	0.1622	0.1585	0.1599