2017 MKD to TJS Historical Review

YEARLY HIGH

0.1728 TJS

YEARLY LOW

0.1330 TJS

YEARLY AVERAGE

0.1578 TJS

2017 MKD to TJS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the MKD to TJS exchange rate experienced significant fluctuation. The market reached its absolute peak on September 8, valuing the pair at 0.1728. Conversely, the yearly low was recorded on January 3, dropping to 0.1330.

This high-to-low spread represents a total annual volatility of 0.0398 TJS. From a start-to-finish perspective, comparing the January average rate of 0.1365 to the December average rate of 0.1696, the exchange rate registered a net change of 24.25% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.1728 was up 17.80% compared to the 2016 peak of 0.1467, 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 864 TJS

2016 Average 704 TJS

Yearly Trough Low 665 TJS

Transaction Impact: A difference of 198.82 TJS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.1740

0.1331

JanuMarcMayJulySeptNove

MKD to TJS 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 0.1474, compared to 0.1682 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0209 points.

H1 Avg (Jan–Jun) 0.1474

H2 Avg (Jul–Dec) 0.1682

Volatility Range Comparison

Volatility

The most volatile month in 2017 was April, with a trading range of 0.0122 TJS (High: 0.1564 / Low: 0.1442). On the other end, February was the most stable month, with a tight range of 0.0030 TJS (High: 0.1394 / Low: 0.1364).

April Spread (Volatile) ±0.0122

February Spread (Stable) ±0.0030

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 0.0025 points.

Longest Streak 8 Mo.

Sharpest MoM Drop -0.0025

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2017: 0.1706) against the same month in 2016 (average: 0.1433), the exchange rate shifted by +0.0272 (+19.01%).

2017 Avg (September) 0.1706

2016 Avg (September) 0.1433

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1387	0.1330	0.1365
February	0.1394	0.1364	0.1379
March	0.1448	0.1371	0.1412
April	0.1564	0.1442	0.1508
May	0.1606	0.1501	0.1576
June	0.1631	0.1590	0.1603
July	0.1671	0.1615	0.1645
August	0.1726	0.1668	0.1686
September	0.1728	0.1677	0.1706
October	0.1694	0.1662	0.1680
November	0.1709	0.1656	0.1681
December	0.1719	0.1683	0.1696