2017 MKD to NPR Historical Review

YEARLY HIGH

2.0179 NPR

YEARLY LOW

1.7735 NPR

YEARLY AVERAGE

1.9094 NPR

2017 MKD to NPR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the MKD to NPR exchange rate experienced significant fluctuation. The market reached its absolute peak on September 29, valuing the pair at 2.0179. Conversely, the yearly low was recorded on April 8, dropping to 1.7735.

This high-to-low spread represents a total annual volatility of 0.2444 NPR. From a start-to-finish perspective, comparing the January average rate of 1.8819 to the December average rate of 1.9771, the exchange rate registered a net change of 5.06% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 2.0179 was up 0.68% compared to the 2016 peak of 2.0043, 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 10,089 NPR

2016 Average 9,657 NPR

Yearly Trough Low 8,867 NPR

Transaction Impact: A difference of 1,221.84 NPR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

2.0168

1.7769

JanuMarcMayJulySeptNove

MKD to NPR 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 1.8475, compared to 1.9714 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1239 points.

H1 Avg (Jan–Jun) 1.8475

H2 Avg (Jul–Dec) 1.9714

Volatility Range Comparison

Volatility

The most volatile month in 2017 was May, with a trading range of 0.0727 NPR (High: 1.8860 / Low: 1.8133). On the other end, December was the most stable month, with a tight range of 0.0303 NPR (High: 1.9941 / Low: 1.9638).

May Spread (Volatile) ±0.0727

December Spread (Stable) ±0.0303

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 March and April, when the average rate fell by 0.0301 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0301

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2017: 1.9968) against the same month in 2016 (average: 1.9441), the exchange rate shifted by +0.0527 (+2.71%).

2017 Avg (September) 1.9968

2016 Avg (September) 1.9441

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.9022	1.8486	1.8819
February	1.8938	1.8279	1.8523
March	1.8369	1.8014	1.8270
April	1.8280	1.7735	1.7969
May	1.8860	1.8133	1.8510
June	1.9128	1.8642	1.8759
July	1.9632	1.9031	1.9282
August	2.0062	1.9425	1.9605
September	2.0179	1.9772	1.9968
October	2.0100	1.9588	1.9874
November	2.0053	1.9515	1.9784
December	1.9941	1.9638	1.9771