2017 MKD to PEN Historical Review

YEARLY HIGH

0.0644 PEN

YEARLY LOW

0.0555 PEN

YEARLY AVERAGE

0.0598 PEN

2017 MKD to PEN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the MKD to PEN exchange rate experienced significant fluctuation. The market reached its absolute peak on November 2, valuing the pair at 0.0644. Conversely, the yearly low was recorded on February 21, dropping to 0.0555.

This high-to-low spread represents a total annual volatility of 0.0088 PEN. From a start-to-finish perspective, comparing the January average rate of 0.0577 to the December average rate of 0.0624, the exchange rate registered a net change of 8.21% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.0644 was down 0.10% compared to the 2016 peak of 0.0644, 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 322 PEN

2016 Average 303 PEN

Yearly Trough Low 278 PEN

Transaction Impact: A difference of 44.13 PEN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.0635

0.0556

JanuMarcMayJulySeptNove

MKD to PEN 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 0.0576, compared to 0.0620 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0045 points.

H1 Avg (Jan–Jun) 0.0576

H2 Avg (Jul–Dec) 0.0620

Volatility Range Comparison

Volatility

The most volatile month in 2017 was November, with a trading range of 0.0033 PEN (High: 0.0644 / Low: 0.0610). On the other end, June was the most stable month, with a tight range of 0.0010 PEN (High: 0.0601 / Low: 0.0591).

November Spread (Volatile) ±0.0033

June Spread (Stable) ±0.0010

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 January and February, when the average rate fell by 0.0014 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0014

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2017: 0.0619) against the same month in 2016 (average: 0.0597), the exchange rate shifted by +0.0022 (+3.72%).

2017 Avg (November) 0.0619

2016 Avg (November) 0.0597

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0584	0.0571	0.0577
February	0.0572	0.0555	0.0563
March	0.0570	0.0558	0.0566
April	0.0577	0.0559	0.0565
May	0.0598	0.0574	0.0588
June	0.0601	0.0591	0.0595
July	0.0620	0.0600	0.0608
August	0.0631	0.0617	0.0621
September	0.0634	0.0624	0.0628
October	0.0628	0.0612	0.0621
November	0.0644	0.0610	0.0619
December	0.0632	0.0617	0.0624