2017 MKD to SCR Historical Review

YEARLY HIGH

0.2741 SCR

YEARLY LOW

0.2210 SCR

YEARLY AVERAGE

0.2492 SCR

2017 MKD to SCR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the MKD to SCR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 0.2741. Conversely, the yearly low was recorded on January 3, dropping to 0.2210.

This high-to-low spread represents a total annual volatility of 0.0531 SCR. From a start-to-finish perspective, comparing the January average rate of 0.2312 to the December average rate of 0.2679, the exchange rate registered a net change of 15.91% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.2741 was up 4.53% compared to the 2016 peak of 0.2622, 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 1,371 SCR

2016 Average 1,193 SCR

Yearly Trough Low 1,105 SCR

Transaction Impact: A difference of 265.74 SCR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.2716

0.2275

JanuMarcMayJulySeptNove

MKD to SCR 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 0.2367, compared to 0.2617 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0250 points.

H1 Avg (Jan–Jun) 0.2367

H2 Avg (Jul–Dec) 0.2617

Volatility Range Comparison

Volatility

The most volatile month in 2017 was November, with a trading range of 0.0175 SCR (High: 0.2712 / Low: 0.2537). On the other end, February was the most stable month, with a tight range of 0.0081 SCR (High: 0.2356 / Low: 0.2275).

November Spread (Volatile) ±0.0175

February Spread (Stable) ±0.0081

Growth Streaks & Declines

Trends

Between January and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0023 points.

Longest Streak 8 Mo.

Sharpest MoM Drop -0.0023

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2017: 0.2679) against the same month in 2016 (average: 0.2293), the exchange rate shifted by +0.0386 (+16.85%).

2017 Avg (December) 0.2679

2016 Avg (December) 0.2293

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2365	0.2210	0.2312
February	0.2356	0.2275	0.2324
March	0.2393	0.2227	0.2335
April	0.2416	0.2254	0.2345
May	0.2496	0.2370	0.2433
June	0.2517	0.2381	0.2453
July	0.2599	0.2436	0.2534
August	0.2638	0.2512	0.2601
September	0.2688	0.2585	0.2637
October	0.2657	0.2560	0.2615
November	0.2712	0.2537	0.2636
December	0.2741	0.2577	0.2679