2017 NIO to MKD Historical Review

YEARLY HIGH

2.0085 MKD

YEARLY LOW

1.6641 MKD

YEARLY AVERAGE

1.8235 MKD

2017 NIO to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the NIO to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 2.0085. Conversely, the yearly low was recorded on December 31, dropping to 1.6641.

This high-to-low spread represents a total annual volatility of 0.3444 MKD. From a start-to-finish perspective, comparing the January average rate of 1.9685 to the December average rate of 1.6864, the exchange rate registered a net change of -14.33% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 2.0085 was down 2.25% compared to the 2016 peak of 2.0548, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 10,042 MKD

2016 Average 9,732 MKD

Yearly Trough Low 8,320 MKD

Transaction Impact: A difference of 1,722.05 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

1.9967

1.6582

JanuMarcMayJulySeptNove

NIO 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 1.9233, compared to 1.7237 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1996 points.

H1 Avg (Jan–Jun) 1.9233

H2 Avg (Jul–Dec) 1.7237

Volatility Range Comparison

Volatility

The most volatile month in 2017 was July, with a trading range of 0.0681 MKD (High: 1.8119 / Low: 1.7437). On the other end, October was the most stable month, with a tight range of 0.0365 MKD (High: 1.7299 / Low: 1.6935).

July Spread (Volatile) ±0.0681

October Spread (Stable) ±0.0365

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2017. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0688 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0688

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2017: 1.9685) against the same month in 2016 (average: 2.0371), the exchange rate shifted by -0.0686 (-3.37%).

2017 Avg (January) 1.9685

2016 Avg (January) 2.0371

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.0085	1.9410	1.9685
February	1.9839	1.9333	1.9614
March	1.9800	1.9235	1.9511
April	1.9619	1.9023	1.9416
May	1.9076	1.8416	1.8728
June	1.8685	1.8082	1.8446
July	1.8119	1.7437	1.7827
August	1.7708	1.7097	1.7448
September	1.7333	1.6682	1.7048
October	1.7299	1.6935	1.7176
November	1.7283	1.6768	1.7058
December	1.7014	1.6641	1.6864