2017 BTN to MKD Historical Review

YEARLY HIGH

0.9011 MKD

YEARLY LOW

0.7952 MKD

YEARLY AVERAGE

0.8394 MKD

2017 BTN to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the BTN to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on April 8, valuing the pair at 0.9011. Conversely, the yearly low was recorded on September 23, dropping to 0.7952.

This high-to-low spread represents a total annual volatility of 0.1059 MKD. From a start-to-finish perspective, comparing the January average rate of 0.8500 to the December average rate of 0.8092, the exchange rate registered a net change of -4.81% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.9011 was up 3.19% compared to the 2016 peak of 0.8733, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 4,506 MKD

2016 Average 4,142 MKD

Yearly Trough Low 3,976 MKD

Transaction Impact: A difference of 529.60 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.8997

0.7938

JanuMarcMayJulySeptNove

BTN 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 0.8658, compared to 0.8129 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0529 points.

H1 Avg (Jan–Jun) 0.8658

H2 Avg (Jul–Dec) 0.8129

Volatility Range Comparison

Volatility

The most volatile month in 2017 was August, with a trading range of 0.0940 MKD (High: 0.8976 / Low: 0.8037). On the other end, December was the most stable month, with a tight range of 0.0125 MKD (High: 0.8149 / Low: 0.8024).

August Spread (Volatile) ±0.0940

December Spread (Stable) ±0.0125

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 0.0266 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0266

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2017: 0.8909) against the same month in 2016 (average: 0.8189), the exchange rate shifted by +0.0720 (+8.79%).

2017 Avg (April) 0.8909

2016 Avg (April) 0.8189

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.8681	0.8390	0.8500
February	0.8724	0.8419	0.8632
March	0.8911	0.8684	0.8747
April	0.9011	0.8733	0.8909
May	0.8808	0.8467	0.8643
June	0.8587	0.8354	0.8520
July	0.8384	0.8147	0.8287
August	0.8976	0.8037	0.8234
September	0.8121	0.7952	0.8026
October	0.8171	0.7953	0.8049
November	0.8201	0.7979	0.8087
December	0.8149	0.8024	0.8092

2017 BTN నుండి MKD చారిత్రక సమీక్ష