2017 SGD to MKD Historical Review

YEARLY HIGH

41.5660 MKD

YEARLY LOW

37.9009 MKD

YEARLY AVERAGE

39.5512 MKD

2017 SGD to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the SGD to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on April 16, valuing the pair at 41.5660. Conversely, the yearly low was recorded on August 29, dropping to 37.9009.

This high-to-low spread represents a total annual volatility of 3.6651 MKD. From a start-to-finish perspective, comparing the January average rate of 40.4848 to the December average rate of 38.6169, the exchange rate registered a net change of -4.61% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 41.5660 was up 0.46% compared to the 2016 peak of 41.3761, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 207,830 MKD

2016 Average 201,532 MKD

Yearly Trough Low 189,505 MKD

Transaction Impact: A difference of 18,325.35 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

41.4078

37.9984

JanuMarcMayJulySeptNove

SGD 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 40.5283, compared to 38.5741 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.9541 points.

H1 Avg (Jan–Jun) 40.5283

H2 Avg (Jul–Dec) 38.5741

Volatility Range Comparison

Volatility

The most volatile month in 2017 was April, with a trading range of 1.2206 MKD (High: 41.5660 / Low: 40.3454). On the other end, September was the most stable month, with a tight range of 0.4908 MKD (High: 38.5867 / Low: 38.0959).

April Spread (Volatile) ±1.2206

September Spread (Stable) ±0.4908

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 1.2064 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -1.2064

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2017: 41.1237) against the same month in 2016 (average: 40.3023), the exchange rate shifted by +0.8214 (+2.04%).

2017 Avg (April) 41.1237

2016 Avg (April) 40.3023

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	40.7961	40.2243	40.4848
February	41.4875	40.4743	40.9221
March	41.4957	40.6630	41.0468
April	41.5660	40.3454	41.1237
May	40.4860	39.5795	39.9172
June	39.9284	39.1944	39.6750
July	39.3278	38.5449	38.9840
August	38.5433	37.9009	38.3539
September	38.5867	38.0959	38.2825
October	38.8665	38.3058	38.5350
November	39.0009	38.2970	38.6726
December	38.8464	38.3256	38.6169