2017 MMK to MKD Historical Review

YEARLY HIGH

0.0437 MKD

YEARLY LOW

0.0376 MKD

YEARLY AVERAGE

0.0401 MKD

2017 MMK to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the MMK to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 0.0437. Conversely, the yearly low was recorded on September 19, dropping to 0.0376.

This high-to-low spread represents a total annual volatility of 0.0061 MKD. From a start-to-finish perspective, comparing the January average rate of 0.0427 to the December average rate of 0.0383, the exchange rate registered a net change of -10.27% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.0437 was down 8.33% compared to the 2016 peak of 0.0476, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 MMK based on timing:

Yearly Peak High 218 MKD

2016 Average 226 MKD

Yearly Trough Low 188 MKD

Transaction Impact: A difference of 30.41 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.0431

0.0375

JanuMarcMayJulySeptNove

MMK to MKD 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 0.0418, compared to 0.0385 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0033 points.

H1 Avg (Jan–Jun) 0.0418

H2 Avg (Jul–Dec) 0.0385

Volatility Range Comparison

Volatility

The most volatile month in 2017 was May, with a trading range of 0.0018 MKD (High: 0.0418 / Low: 0.0400). On the other end, December was the most stable month, with a tight range of 0.0007 MKD (High: 0.0386 / Low: 0.0379).

May Spread (Volatile) ±0.0018

December Spread (Stable) ±0.0007

Growth Streaks & Declines

Trends

Between September and November, 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 April and May, when the average rate fell by 0.0014 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0014

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2017: 0.0427) against the same month in 2016 (average: 0.0436), the exchange rate shifted by -0.0010 (-2.20%).

2017 Avg (January) 0.0427

2016 Avg (January) 0.0436

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0437	0.0421	0.0427
February	0.0427	0.0418	0.0423
March	0.0432	0.0415	0.0422
April	0.0428	0.0413	0.0423
May	0.0418	0.0400	0.0408
June	0.0408	0.0396	0.0403
July	0.0399	0.0385	0.0392
August	0.0388	0.0378	0.0384
September	0.0385	0.0376	0.0380
October	0.0391	0.0380	0.0385
November	0.0393	0.0378	0.0387
December	0.0386	0.0379	0.0383