2017 MKD to TWD Historical Review

YEARLY HIGH

0.5880 TWD

YEARLY LOW

0.5226 TWD

YEARLY AVERAGE

0.5578 TWD

2017 MKD to TWD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the MKD to TWD exchange rate experienced significant fluctuation. The market reached its absolute peak on August 29, valuing the pair at 0.5880. Conversely, the yearly low was recorded on April 13, dropping to 0.5226.

This high-to-low spread represents a total annual volatility of 0.0653 TWD. From a start-to-finish perspective, comparing the January average rate of 0.5481 to the December average rate of 0.5762, the exchange rate registered a net change of 5.12% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.5880 was down 3.58% compared to the 2016 peak of 0.6098, 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 2,940 TWD

2016 Average 2,899 TWD

Yearly Trough Low 2,613 TWD

Transaction Impact: A difference of 326.72 TWD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.5885

0.5229

JanuMarcMayJulySeptNove

MKD to TWD 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 0.5390, compared to 0.5767 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0377 points.

H1 Avg (Jan–Jun) 0.5390

H2 Avg (Jul–Dec) 0.5767

Volatility Range Comparison

Volatility

The most volatile month in 2017 was February, with a trading range of 0.0214 TWD (High: 0.5472 / Low: 0.5258). On the other end, December was the most stable month, with a tight range of 0.0078 TWD (High: 0.5799 / Low: 0.5721).

February Spread (Volatile) ±0.0214

December Spread (Stable) ±0.0078

Growth Streaks & Declines

Trends

Between April and September, 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 January and February, when the average rate fell by 0.0148 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0148

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2017: 0.5797) against the same month in 2016 (average: 0.5746), the exchange rate shifted by +0.0051 (+0.89%).

2017 Avg (August) 0.5797

2016 Avg (August) 0.5746

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.5551	0.5438	0.5481
February	0.5472	0.5258	0.5333
March	0.5369	0.5247	0.5315
April	0.5359	0.5226	0.5284
May	0.5504	0.5315	0.5413
June	0.5640	0.5469	0.5511
July	0.5782	0.5615	0.5696
August	0.5880	0.5767	0.5797
September	0.5869	0.5777	0.5830
October	0.5824	0.5684	0.5776
November	0.5812	0.5682	0.5740
December	0.5799	0.5721	0.5762