2017 MKD to STD Historical Review

YEARLY HIGH

401.9932 STD

YEARLY LOW

392.1778 STD

YEARLY AVERAGE

397.7924 STD

2017 MKD to STD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the MKD to STD exchange rate experienced significant fluctuation. The market reached its absolute peak on May 2, valuing the pair at 401.9932. Conversely, the yearly low was recorded on June 29, dropping to 392.1778.

This high-to-low spread represents a total annual volatility of 9.8153 STD. From a start-to-finish perspective, comparing the January average rate of 398.7336 to the December average rate of 397.9048, the exchange rate registered a net change of -0.21% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 401.9932 was down 0.56% compared to the 2016 peak of 404.2452, 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 2,009,966 STD

2016 Average 1,989,547 STD

Yearly Trough Low 1,960,889 STD

Transaction Impact: A difference of 49,076.69 STD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

398.9341

396.5277

JanuMarcMayJulySeptNove

MKD to STD 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 397.9908, compared to 397.5940 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.3968 points.

H1 Avg (Jan–Jun) 397.9908

H2 Avg (Jul–Dec) 397.5940

Volatility Range Comparison

Volatility

The most volatile month in 2017 was November, with a trading range of 7.5958 STD (High: 400.2149 / Low: 392.6191). On the other end, December was the most stable month, with a tight range of 3.1893 STD (High: 399.7987 / Low: 396.6094).

November Spread (Volatile) ±7.5958

December Spread (Stable) ±3.1893

Growth Streaks & Declines

Trends

Between March and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.9711 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.9711

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2017: 398.5725) against the same month in 2016 (average: 396.4859), the exchange rate shifted by +2.0867 (+0.53%).

2017 Avg (May) 398.5725

2016 Avg (May) 396.4859

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	401.5468	396.7726	398.7336
February	400.1642	395.9576	397.7625
March	400.7009	394.6485	397.3057
April	400.4795	395.3047	397.9571
May	401.9932	397.1973	398.5725
June	398.5328	392.1778	397.6135
July	400.0726	394.8305	397.9560
August	400.0686	395.2992	397.5064
September	399.5096	395.5864	397.9300
October	399.6373	394.9618	397.5386
November	400.2149	392.6191	396.7283
December	399.7987	396.6094	397.9048