2017 BND to MKD Historical Review

YEARLY HIGH

41.6492 MKD

YEARLY LOW

37.9805 MKD

YEARLY AVERAGE

39.5534 MKD

2017 BND to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the BND to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 28, valuing the pair at 41.6492. Conversely, the yearly low was recorded on August 29, dropping to 37.9805.

This high-to-low spread represents a total annual volatility of 3.6687 MKD. From a start-to-finish perspective, comparing the January average rate of 40.4912 to the December average rate of 38.6190, the exchange rate registered a net change of -4.62% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 41.6492 was up 0.68% compared to the 2016 peak of 41.3681, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 208,246 MKD

2016 Average 201,579 MKD

Yearly Trough Low 189,903 MKD

Transaction Impact: A difference of 18,343.53 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

41.3823

38.0204

JanuMarcMayJulySeptNove

BND 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 40.5331, compared to 38.5737 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.9594 points.

H1 Avg (Jan–Jun) 40.5331

H2 Avg (Jul–Dec) 38.5737

Volatility Range Comparison

Volatility

The most volatile month in 2017 was February, with a trading range of 1.2548 MKD (High: 41.6492 / Low: 40.3945). On the other end, January was the most stable month, with a tight range of 0.4445 MKD (High: 40.7714 / Low: 40.3269).

February Spread (Volatile) ±1.2548

January Spread (Stable) ±0.4445

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 1.1757 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -1.1757

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2017: 40.9403) against the same month in 2016 (average: 39.4943), the exchange rate shifted by +1.4460 (+3.66%).

2017 Avg (February) 40.9403

2016 Avg (February) 39.4943

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	40.7714	40.3269	40.4912
February	41.6492	40.3945	40.9403
March	41.5239	40.6297	41.0487
April	41.5142	40.3390	41.1021
May	40.5317	39.4514	39.9264
June	40.0091	39.1932	39.6899
July	39.3021	38.5382	38.9705
August	38.5815	37.9805	38.3569
September	38.5898	38.1028	38.3006
October	38.8433	38.2668	38.5091
November	39.0055	38.3586	38.6862
December	38.8647	38.3534	38.6190

2017 BND నుండి MKD చారిత్రక సమీక్ష