2017 SVC to MKD Historical Review

YEARLY HIGH

6.7620 MKD

YEARLY LOW

5.8312 MKD

YEARLY AVERAGE

6.2460 MKD

2017 SVC to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the SVC to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 6.7620. Conversely, the yearly low was recorded on September 10, dropping to 5.8312.

This high-to-low spread represents a total annual volatility of 0.9308 MKD. From a start-to-finish perspective, comparing the January average rate of 6.6153 to the December average rate of 5.9393, the exchange rate registered a net change of -10.22% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 6.7620 was down 0.28% compared to the 2016 peak of 6.7806, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 33,810 MKD

2016 Average 31,824 MKD

Yearly Trough Low 29,156 MKD

Transaction Impact: A difference of 4,654.05 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

6.6867

5.8304

JanuMarcMayJulySeptNove

SVC 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 6.5073, compared to 5.9847 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.5226 points.

H1 Avg (Jan–Jun) 6.5073

H2 Avg (Jul–Dec) 5.9847

Volatility Range Comparison

Volatility

The most volatile month in 2017 was January, with a trading range of 0.2215 MKD (High: 6.7620 / Low: 6.5405). On the other end, December was the most stable month, with a tight range of 0.1103 MKD (High: 5.9762 / Low: 5.8658).

January Spread (Volatile) ±0.2215

December Spread (Stable) ±0.1103

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 April and May, when the average rate fell by 0.1978 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.1978

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2017: 6.6153) against the same month in 2016 (average: 6.4796), the exchange rate shifted by +0.1358 (+2.10%).

2017 Avg (January) 6.6153

2016 Avg (January) 6.4796

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	6.7620	6.5405	6.6153
February	6.6726	6.5141	6.6145
March	6.7177	6.5042	6.5991
April	6.6415	6.4327	6.5661
May	6.4746	6.2710	6.3683
June	6.3178	6.1778	6.2804
July	6.2105	6.0083	6.1152
August	6.0402	5.8353	5.9716
September	5.9946	5.8312	5.9018
October	6.0531	5.9372	5.9861
November	6.0753	5.8939	5.9943
December	5.9762	5.8658	5.9393