2017 MKD to RUB Historical Review

YEARLY HIGH

1.1643 RUB

YEARLY LOW

0.9669 RUB

YEARLY AVERAGE

1.0695 RUB

2017 MKD to RUB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the MKD to RUB exchange rate experienced significant fluctuation. The market reached its absolute peak on August 3, valuing the pair at 1.1643. Conversely, the yearly low was recorded on April 17, dropping to 0.9669.

This high-to-low spread represents a total annual volatility of 0.1974 RUB. From a start-to-finish perspective, comparing the January average rate of 1.0345 to the December average rate of 1.1266, the exchange rate registered a net change of 8.90% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 1.1643 was down 20.41% compared to the 2016 peak of 1.4629, 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 5,822 RUB

2016 Average 6,020 RUB

Yearly Trough Low 4,835 RUB

Transaction Impact: A difference of 987.17 RUB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

1.1537

0.9682

JanuMarcMayJulySeptNove

MKD to RUB 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 1.0188, compared to 1.1203 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1015 points.

H1 Avg (Jan–Jun) 1.0188

H2 Avg (Jul–Dec) 1.1203

Volatility Range Comparison

Volatility

The most volatile month in 2017 was February, with a trading range of 0.0712 RUB (High: 1.0516 / Low: 0.9803). On the other end, October was the most stable month, with a tight range of 0.0206 RUB (High: 1.1143 / Low: 1.0938).

February Spread (Volatile) ±0.0712

October Spread (Stable) ±0.0206

Growth Streaks & Declines

Trends

Between April and August, 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 0.0250 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0250

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2017: 1.1383) against the same month in 2016 (average: 1.1809), the exchange rate shifted by -0.0427 (-3.61%).

2017 Avg (August) 1.1383

2016 Avg (August) 1.1809

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.0561	1.0237	1.0345
February	1.0516	0.9803	1.0096
March	1.0206	0.9721	1.0028
April	1.0121	0.9669	0.9837
May	1.0407	1.0056	1.0259
June	1.0925	1.0277	1.0560
July	1.1436	1.0917	1.1155
August	1.1643	1.1219	1.1383
September	1.1320	1.1044	1.1153
October	1.1143	1.0938	1.1019
November	1.1535	1.0994	1.1242
December	1.1377	1.1096	1.1266