2017 QAR to MKD Historical Review

YEARLY HIGH

16.2312 MKD

YEARLY LOW

13.3814 MKD

YEARLY AVERAGE

14.8673 MKD

2017 QAR to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the QAR to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 16.2312. Conversely, the yearly low was recorded on November 21, dropping to 13.3814.

This high-to-low spread represents a total annual volatility of 2.8498 MKD. From a start-to-finish perspective, comparing the January average rate of 15.8952 to the December average rate of 14.1720, the exchange rate registered a net change of -10.84% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 16.2312 was down 0.27% compared to the 2016 peak of 16.2759, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 81,156 MKD

2016 Average 76,424 MKD

Yearly Trough Low 66,907 MKD

Transaction Impact: A difference of 14,248.92 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

16.1085

13.5672

JanuMarcMayJulySeptNove

QAR 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 15.6087, compared to 14.1259 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.4828 points.

H1 Avg (Jan–Jun) 15.6087

H2 Avg (Jul–Dec) 14.1259

Volatility Range Comparison

Volatility

The most volatile month in 2017 was November, with a trading range of 0.9436 MKD (High: 14.3250 / Low: 13.3814). On the other end, September was the most stable month, with a tight range of 0.2986 MKD (High: 14.1179 / Low: 13.8193).

November Spread (Volatile) ±0.9436

September Spread (Stable) ±0.2986

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 0.5028 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.5028

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2017: 15.8952) against the same month in 2016 (average: 15.5618), the exchange rate shifted by +0.3334 (+2.14%).

2017 Avg (January) 15.8952

2016 Avg (January) 15.5618

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	16.2312	15.6528	15.8952
February	16.0420	15.6871	15.8968
March	16.0946	15.6319	15.8415
April	15.9712	15.4470	15.7935
May	15.5617	15.0450	15.2907
June	15.0802	14.4508	14.9348
July	14.9211	14.2787	14.5690
August	14.4335	13.9370	14.2637
September	14.1179	13.8193	13.9595
October	14.5290	13.7485	14.0125
November	14.3250	13.3814	13.7789
December	14.3704	13.9523	14.1720