2017 SYP to MKD Historical Review

YEARLY HIGH

0.2771 MKD

YEARLY LOW

0.0993 MKD

YEARLY AVERAGE

0.1992 MKD

2017 SYP to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the SYP to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 0.2771. Conversely, the yearly low was recorded on September 10, dropping to 0.0993.

This high-to-low spread represents a total annual volatility of 0.1778 MKD. From a start-to-finish perspective, comparing the January average rate of 0.2704 to the December average rate of 0.1009, the exchange rate registered a net change of -62.67% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.2771 was down 0.27% compared to the 2016 peak of 0.2778, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,385 MKD

2016 Average 1,283 MKD

Yearly Trough Low 496 MKD

Transaction Impact: A difference of 889.09 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.2874

0.0833

JanuMarcMayJulySeptNove

SYP 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 0.2656, compared to 0.1328 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1329 points.

H1 Avg (Jan–Jun) 0.2656

H2 Avg (Jul–Dec) 0.1328

Volatility Range Comparison

Volatility

The most volatile month in 2017 was August, with a trading range of 0.1442 MKD (High: 0.2439 / Low: 0.0997). On the other end, October was the most stable month, with a tight range of 0.0022 MKD (High: 0.1030 / Low: 0.1008).

August Spread (Volatile) ±0.1442

October Spread (Stable) ±0.0022

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 July and August, when the average rate fell by 0.1066 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.1066

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2017: 0.2704) against the same month in 2016 (average: 0.2576), the exchange rate shifted by +0.0128 (+4.99%).

2017 Avg (January) 0.2704

2016 Avg (January) 0.2576

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2771	0.2659	0.2704
February	0.2725	0.2665	0.2700
March	0.2733	0.2656	0.2691
April	0.2712	0.2624	0.2683
May	0.2643	0.2556	0.2597
June	0.2579	0.2517	0.2562
July	0.2534	0.2434	0.2492
August	0.2439	0.0997	0.1425
September	0.1018	0.0993	0.1003
October	0.1030	0.1008	0.1017
November	0.1031	0.1002	0.1018
December	0.1018	0.0995	0.1009