2017 MKD to NZD Historical Review

YEARLY HIGH

0.0283 NZD

YEARLY LOW

0.0238 NZD

YEARLY AVERAGE

0.0258 NZD

2017 MKD to NZD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the MKD to NZD exchange rate experienced significant fluctuation. The market reached its absolute peak on November 30, valuing the pair at 0.0283. Conversely, the yearly low was recorded on February 7, dropping to 0.0238.

This high-to-low spread represents a total annual volatility of 0.0045 NZD. From a start-to-finish perspective, comparing the January average rate of 0.0243 to the December average rate of 0.0276, the exchange rate registered a net change of 13.79% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.0283 was up 2.17% compared to the 2016 peak of 0.0277, 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 141 NZD

2016 Average 129 NZD

Yearly Trough Low 119 NZD

Transaction Impact: A difference of 22.57 NZD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.0281

0.0236

JanuMarcMayJulySeptNove

MKD to NZD 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 0.0248, compared to 0.0268 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0020 points.

H1 Avg (Jan–Jun) 0.0248

H2 Avg (Jul–Dec) 0.0268

Volatility Range Comparison

Volatility

The most volatile month in 2017 was October, with a trading range of 0.0014 NZD (High: 0.0279 / Low: 0.0265). On the other end, February was the most stable month, with a tight range of 0.0003 NZD (High: 0.0241 / Low: 0.0238).

October Spread (Volatile) ±0.0014

February Spread (Stable) ±0.0003

Growth Streaks & Declines

Trends

Between June and November, 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 May and June, when the average rate fell by 0.0007 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0007

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2017: 0.0277) against the same month in 2016 (average: 0.0246), the exchange rate shifted by +0.0031 (+12.74%).

2017 Avg (November) 0.0277

2016 Avg (November) 0.0246

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0247	0.0238	0.0243
February	0.0241	0.0238	0.0239
March	0.0251	0.0240	0.0248
April	0.0258	0.0246	0.0249
May	0.0263	0.0255	0.0259
June	0.0258	0.0249	0.0252
July	0.0257	0.0251	0.0254
August	0.0269	0.0258	0.0262
September	0.0270	0.0263	0.0267
October	0.0279	0.0265	0.0271
November	0.0283	0.0271	0.0277
December	0.0282	0.0273	0.0276