2017 MKD to QAR Historical Review

YEARLY HIGH

0.0747 QAR

YEARLY LOW

0.0616 QAR

YEARLY AVERAGE

0.0675 QAR

2017 MKD to QAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the MKD to QAR exchange rate experienced significant fluctuation. The market reached its absolute peak on November 21, valuing the pair at 0.0747. Conversely, the yearly low was recorded on January 3, dropping to 0.0616.

This high-to-low spread represents a total annual volatility of 0.0131 QAR. From a start-to-finish perspective, comparing the January average rate of 0.0629 to the December average rate of 0.0706, the exchange rate registered a net change of 12.16% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.0747 was up 10.15% compared to the 2016 peak of 0.0678, 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 374 QAR

2016 Average 327 QAR

Yearly Trough Low 308 QAR

Transaction Impact: A difference of 65.60 QAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.0736

0.0619

JanuMarcMayJulySeptNove

MKD to QAR 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 0.0641, compared to 0.0708 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0067 points.

H1 Avg (Jan–Jun) 0.0641

H2 Avg (Jul–Dec) 0.0708

Volatility Range Comparison

Volatility

The most volatile month in 2017 was November, with a trading range of 0.0049 QAR (High: 0.0747 / Low: 0.0698). On the other end, February was the most stable month, with a tight range of 0.0014 QAR (High: 0.0637 / Low: 0.0623).

November Spread (Volatile) ±0.0049

February Spread (Stable) ±0.0014

Growth Streaks & Declines

Trends

Between February and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0020 points.

Longest Streak 7 Mo.

Sharpest MoM Drop -0.0020

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2017: 0.0726) against the same month in 2016 (average: 0.0639), the exchange rate shifted by +0.0087 (+13.61%).

2017 Avg (November) 0.0726

2016 Avg (November) 0.0639

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0639	0.0616	0.0629
February	0.0637	0.0623	0.0629
March	0.0640	0.0621	0.0631
April	0.0647	0.0626	0.0633
May	0.0665	0.0643	0.0654
June	0.0692	0.0663	0.0670
July	0.0700	0.0670	0.0686
August	0.0718	0.0693	0.0701
September	0.0724	0.0708	0.0716
October	0.0727	0.0688	0.0714
November	0.0747	0.0698	0.0726
December	0.0717	0.0696	0.0706