2017 NPR to MKD Historical Review

YEARLY HIGH

0.5639 MKD

YEARLY LOW

0.4956 MKD

YEARLY AVERAGE

0.5244 MKD

2017 NPR to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the NPR to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on April 8, valuing the pair at 0.5639. Conversely, the yearly low was recorded on September 30, dropping to 0.4956.

This high-to-low spread represents a total annual volatility of 0.0683 MKD. From a start-to-finish perspective, comparing the January average rate of 0.5314 to the December average rate of 0.5058, the exchange rate registered a net change of -4.82% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.5639 was up 3.44% compared to the 2016 peak of 0.5451, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,819 MKD

2016 Average 2,590 MKD

Yearly Trough Low 2,478 MKD

Transaction Impact: A difference of 341.42 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.5621

0.4952

JanuMarcMayJulySeptNove

NPR 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 0.5415, compared to 0.5073 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0341 points.

H1 Avg (Jan–Jun) 0.5415

H2 Avg (Jul–Dec) 0.5073

Volatility Range Comparison

Volatility

The most volatile month in 2017 was May, with a trading range of 0.0212 MKD (High: 0.5515 / Low: 0.5302). On the other end, December was the most stable month, with a tight range of 0.0077 MKD (High: 0.5092 / Low: 0.5015).

May Spread (Volatile) ±0.0212

December Spread (Stable) ±0.0077

Growth Streaks & Declines

Trends

Between January and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0162 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0162

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2017: 0.5566) against the same month in 2016 (average: 0.5118), the exchange rate shifted by +0.0448 (+8.75%).

2017 Avg (April) 0.5566

2016 Avg (April) 0.5118

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.5410	0.5257	0.5314
February	0.5471	0.5281	0.5399
March	0.5551	0.5444	0.5474
April	0.5639	0.5470	0.5566
May	0.5515	0.5302	0.5404
June	0.5364	0.5228	0.5331
July	0.5255	0.5094	0.5187
August	0.5148	0.4985	0.5101
September	0.5058	0.4956	0.5008
October	0.5105	0.4975	0.5032
November	0.5124	0.4987	0.5055
December	0.5092	0.5015	0.5058