2017 RSD to MKD Historical Review

YEARLY HIGH

0.5216 MKD

YEARLY LOW

0.4957 MKD

YEARLY AVERAGE

0.5078 MKD

2017 RSD to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the RSD to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 26, valuing the pair at 0.5216. Conversely, the yearly low was recorded on January 8, dropping to 0.4957.

This high-to-low spread represents a total annual volatility of 0.0259 MKD. From a start-to-finish perspective, comparing the January average rate of 0.4972 to the December average rate of 0.5176, the exchange rate registered a net change of 4.11% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.5216 was up 1.77% compared to the 2016 peak of 0.5125, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,608 MKD

2016 Average 2,502 MKD

Yearly Trough Low 2,478 MKD

Transaction Impact: A difference of 129.56 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.5205

0.4949

JanuMarcMayJulySeptNove

RSD 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 0.4995, compared to 0.5162 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0166 points.

H1 Avg (Jan–Jun) 0.4995

H2 Avg (Jul–Dec) 0.5162

Volatility Range Comparison

Volatility

The most volatile month in 2017 was June, with a trading range of 0.0173 MKD (High: 0.5197 / Low: 0.5023). On the other end, February was the most stable month, with a tight range of 0.0018 MKD (High: 0.4981 / Low: 0.4963).

June Spread (Volatile) ±0.0173

February Spread (Stable) ±0.0018

Growth Streaks & Declines

Trends

Between February and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0007 points.

Longest Streak 7 Mo.

Sharpest MoM Drop -0.0007

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2017: 0.5176) against the same month in 2016 (average: 0.4989), the exchange rate shifted by +0.0187 (+3.75%).

2017 Avg (December) 0.5176

2016 Avg (December) 0.4989

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.4989	0.4957	0.4972
February	0.4981	0.4963	0.4971
March	0.5016	0.4959	0.4980
April	0.5007	0.4968	0.4983
May	0.5031	0.4980	0.5008
June	0.5197	0.5023	0.5058
July	0.5152	0.5083	0.5120
August	0.5211	0.5121	0.5162
September	0.5177	0.5151	0.5164
October	0.5174	0.5149	0.5164
November	0.5206	0.5153	0.5184
December	0.5216	0.5145	0.5176