2017 MKD to SZL Historical Review

YEARLY HIGH

0.2768 SZL

YEARLY LOW

0.2188 SZL

YEARLY AVERAGE

0.2442 SZL

2017 MKD to SZL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the MKD to SZL exchange rate experienced significant fluctuation. The market reached its absolute peak on November 15, valuing the pair at 0.2768. Conversely, the yearly low was recorded on March 26, dropping to 0.2188.

This high-to-low spread represents a total annual volatility of 0.0580 SZL. From a start-to-finish perspective, comparing the January average rate of 0.2341 to the December average rate of 0.2528, the exchange rate registered a net change of 8.01% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.2768 was down 7.18% compared to the 2016 peak of 0.2982, 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 1,384 SZL

2016 Average 1,322 SZL

Yearly Trough Low 1,094 SZL

Transaction Impact: A difference of 290.17 SZL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.2737

0.2194

JanuMarcMayJulySeptNove

MKD to SZL 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 0.2321, compared to 0.2562 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0240 points.

H1 Avg (Jan–Jun) 0.2321

H2 Avg (Jul–Dec) 0.2562

Volatility Range Comparison

Volatility

The most volatile month in 2017 was December, with a trading range of 0.0257 SZL (High: 0.2652 / Low: 0.2395). On the other end, January was the most stable month, with a tight range of 0.0060 SZL (High: 0.2368 / Low: 0.2308).

December Spread (Volatile) ±0.0257

January Spread (Stable) ±0.0060

Growth Streaks & Declines

Trends

Between June and November, 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 November and December, when the average rate fell by 0.0163 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0163

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2017: 0.2691) against the same month in 2016 (average: 0.2453), the exchange rate shifted by +0.0238 (+9.71%).

2017 Avg (November) 0.2691

2016 Avg (November) 0.2453

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2368	0.2308	0.2341
February	0.2358	0.2220	0.2282
March	0.2319	0.2188	0.2239
April	0.2400	0.2282	0.2342
May	0.2422	0.2340	0.2380
June	0.2418	0.2309	0.2345
July	0.2498	0.2412	0.2459
August	0.2573	0.2510	0.2536
September	0.2596	0.2489	0.2543
October	0.2679	0.2554	0.2613
November	0.2768	0.2630	0.2691
December	0.2652	0.2395	0.2528