2017 PGK to MKD Historical Review

YEARLY HIGH

18.6269 MKD

YEARLY LOW

15.8933 MKD

YEARLY AVERAGE

17.1326 MKD

2017 PGK to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the PGK to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 18.6269. Conversely, the yearly low was recorded on September 18, dropping to 15.8933.

This high-to-low spread represents a total annual volatility of 2.7336 MKD. From a start-to-finish perspective, comparing the January average rate of 18.2208 to the December average rate of 16.1600, the exchange rate registered a net change of -11.31% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 18.6269 was down 2.01% compared to the 2016 peak of 19.0085, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 93,134 MKD

2016 Average 88,900 MKD

Yearly Trough Low 79,467 MKD

Transaction Impact: A difference of 13,667.79 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

18.5239

15.9246

JanuMarcMayJulySeptNove

PGK 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 17.8887, compared to 16.3765 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.5122 points.

H1 Avg (Jan–Jun) 17.8887

H2 Avg (Jul–Dec) 16.3765

Volatility Range Comparison

Volatility

The most volatile month in 2017 was April, with a trading range of 1.0160 MKD (High: 18.2091 / Low: 17.1931). On the other end, October was the most stable month, with a tight range of 0.3316 MKD (High: 16.5526 / Low: 16.2210).

April Spread (Volatile) ±1.0160

October Spread (Stable) ±0.3316

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 July and August, when the average rate fell by 0.4132 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.4132

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2017: 18.2208) against the same month in 2016 (average: 18.7949), the exchange rate shifted by -0.5740 (-3.05%).

2017 Avg (January) 18.2208

2016 Avg (January) 18.7949

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	18.6269	17.9418	18.2208
February	18.5698	17.9416	18.3073
March	18.5020	17.8303	18.1941
April	18.2091	17.1931	17.8802
May	17.8398	17.0756	17.5019
June	17.4108	16.6935	17.2277
July	17.1553	16.4283	16.8209
August	16.6487	16.0346	16.4077
September	16.3797	15.8933	16.1412
October	16.5526	16.2210	16.3804
November	16.5877	16.0555	16.3488
December	16.3055	15.9533	16.1600