2017 TND to MKD Historical Review

YEARLY HIGH

25.4899 MKD

YEARLY LOW

20.6182 MKD

YEARLY AVERAGE

22.7384 MKD

2017 TND to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the TND to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 10, valuing the pair at 25.4899. Conversely, the yearly low was recorded on December 28, dropping to 20.6182.

This high-to-low spread represents a total annual volatility of 4.8717 MKD. From a start-to-finish perspective, comparing the January average rate of 25.1190 to the December average rate of 20.8928, the exchange rate registered a net change of -16.82% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 25.4899 was down 8.58% compared to the 2016 peak of 27.8829, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 127,449 MKD

2016 Average 129,904 MKD

Yearly Trough Low 103,091 MKD

Transaction Impact: A difference of 24,358.41 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

25.7457

20.4516

JanuMarcMayJulySeptNove

TND 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 24.2319, compared to 21.2448 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 2.9871 points.

H1 Avg (Jan–Jun) 24.2319

H2 Avg (Jul–Dec) 21.2448

Volatility Range Comparison

Volatility

The most volatile month in 2017 was April, with a trading range of 2.4487 MKD (High: 25.3876 / Low: 22.9389). On the other end, October was the most stable month, with a tight range of 0.2824 MKD (High: 21.2000 / Low: 20.9176).

April Spread (Volatile) ±2.4487

October Spread (Stable) ±0.2824

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2017. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 1.4905 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -1.4905

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2017: 25.2296) against the same month in 2016 (average: 27.3171), the exchange rate shifted by -2.0875 (-7.64%).

2017 Avg (March) 25.2296

2016 Avg (March) 27.3171

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	25.4193	24.8702	25.1190
February	25.4730	24.7587	25.3045
March	25.4899	24.8047	25.2296
April	25.3876	22.9389	24.4180
May	23.6414	22.4539	22.9275
June	22.6940	21.8795	22.3930
July	22.2483	21.4240	21.8751
August	21.8597	21.1969	21.5181
September	21.2784	20.8902	21.1006
October	21.2000	20.9176	21.0874
November	21.2368	20.7168	20.9950
December	21.0637	20.6182	20.8928