2017 PKR to MKD Historical Review

YEARLY HIGH

0.5646 MKD

YEARLY LOW

0.4636 MKD

YEARLY AVERAGE

0.5191 MKD

2017 PKR to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the PKR to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 0.5646. Conversely, the yearly low was recorded on December 31, dropping to 0.4636.

This high-to-low spread represents a total annual volatility of 0.1010 MKD. From a start-to-finish perspective, comparing the January average rate of 0.5531 to the December average rate of 0.4785, the exchange rate registered a net change of -13.49% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.5646 was down 0.23% compared to the 2016 peak of 0.5659, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 500,000 PKR based on timing:

Yearly Peak High 282,299 MKD

2016 Average 265,747 MKD

Yearly Trough Low 231,822 MKD

Transaction Impact: A difference of 50,476.51 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.5606

0.4710

JanuMarcMayJulySeptNove

PKR 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 0.5434, compared to 0.4948 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0486 points.

H1 Avg (Jan–Jun) 0.5434

H2 Avg (Jul–Dec) 0.4948

Volatility Range Comparison

Volatility

The most volatile month in 2017 was December, with a trading range of 0.0324 MKD (High: 0.4961 / Low: 0.4636). On the other end, October was the most stable month, with a tight range of 0.0088 MKD (High: 0.5028 / Low: 0.4940).

December Spread (Volatile) ±0.0324

October Spread (Stable) ±0.0088

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 November and December, when the average rate fell by 0.0196 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0196

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2017: 0.5531) against the same month in 2016 (average: 0.5402), the exchange rate shifted by +0.0129 (+2.39%).

2017 Avg (January) 0.5531

2016 Avg (January) 0.5402

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.5646	0.5461	0.5531
February	0.5593	0.5452	0.5523
March	0.5594	0.5429	0.5509
April	0.5549	0.5373	0.5484
May	0.5407	0.5226	0.5314
June	0.5269	0.5157	0.5244
July	0.5186	0.4991	0.5083
August	0.5014	0.4852	0.4962
September	0.4977	0.4844	0.4900
October	0.5028	0.4940	0.4976
November	0.5052	0.4888	0.4981
December	0.4961	0.4636	0.4785