2017 BGN to MKD Historical Review

YEARLY HIGH

32.0680 MKD

YEARLY LOW

31.2841 MKD

YEARLY AVERAGE

31.4963 MKD

2017 BGN to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the BGN to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on June 29, valuing the pair at 32.0680. Conversely, the yearly low was recorded on January 2, dropping to 31.2841.

This high-to-low spread represents a total annual volatility of 0.7839 MKD. From a start-to-finish perspective, comparing the January average rate of 31.4534 to the December average rate of 31.4814, the exchange rate registered a net change of 0.09% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 32.0680 was down 0.31% compared to the 2016 peak of 32.1668, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 160,340 MKD

2016 Average 157,402 MKD

Yearly Trough Low 156,421 MKD

Transaction Impact: A difference of 3,919.66 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

31.5499

31.4447

JanuMarcMayJulySeptNove

BGN 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 31.4960, compared to 31.4967 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0007 points.

H1 Avg (Jan–Jun) 31.4960

H2 Avg (Jul–Dec) 31.4967

Volatility Range Comparison

Volatility

The most volatile month in 2017 was June, with a trading range of 0.6424 MKD (High: 32.0680 / Low: 31.4256). On the other end, February was the most stable month, with a tight range of 0.0988 MKD (High: 31.5496 / Low: 31.4509).

June Spread (Volatile) ±0.6424

February Spread (Stable) ±0.0988

Growth Streaks & Declines

Trends

Between January and March, 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 August and September, when the average rate fell by 0.0535 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0535

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2017: 31.5288) against the same month in 2016 (average: 31.4774), the exchange rate shifted by +0.0515 (+0.16%).

2017 Avg (June) 31.5288

2016 Avg (June) 31.4774

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	31.5190	31.2841	31.4534
February	31.5496	31.4509	31.4955
March	31.7739	31.4376	31.5305
April	31.5530	31.3735	31.4837
May	31.6038	31.3473	31.4838
June	32.0680	31.4256	31.5288
July	31.7451	31.3847	31.5055
August	31.7954	31.4005	31.5411
September	31.5196	31.4037	31.4876
October	31.5364	31.4030	31.4788
November	31.5409	31.4344	31.4855
December	31.5369	31.4001	31.4814

2017 BGN నుండి MKD చారిత్రక సమీక్ష