YEARLY HIGH
44.5113 MKD
YEARLY LOW
40.1451 MKD
YEARLY AVERAGE
42.0865 MKD

2017 CAD to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the CAD to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 24, valuing the pair at 44.5113. Conversely, the yearly low was recorded on November 30, dropping to 40.1451.

This high-to-low spread represents a total annual volatility of 4.3663 MKD. From a start-to-finish perspective, comparing the January average rate of 43.8052 to the December average rate of 40.7505, the exchange rate registered a net change of -6.97% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 44.5113 was up 0.29% compared to the 2016 peak of 44.3810, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 222,557 MKD
2016 Average 210,096 MKD
Yearly Trough Low 200,725 MKD
Transaction Impact: A difference of 21,831.36 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

44.5147
40.4083
JanuMarcMayJulySeptNove

CAD 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 42.6793, compared to 41.4936 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.1857 points.

H1 Avg (Jan–Jun) 42.6793
H2 Avg (Jul–Dec) 41.4936

Volatility Range Comparison

Volatility

The most volatile month in 2017 was April, with a trading range of 2.2621 MKD (High: 43.6228 / Low: 41.3608). On the other end, December was the most stable month, with a tight range of 0.6324 MKD (High: 41.0088 / Low: 40.3764).

April Spread (Volatile) ±2.2621
December Spread (Stable) ±0.6324

Growth Streaks & Declines

Trends

Between May and July, 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 April and May, when the average rate fell by 1.8461 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -1.8461

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2017: 44.1725) against the same month in 2016 (average: 40.2270), the exchange rate shifted by +3.9455 (+9.81%).

2017 Avg (February) 44.1725
2016 Avg (February) 40.2270

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 44.1537 43.2170 43.8052
February 44.5113 43.7050 44.1725
March 43.7695 42.5494 43.1002
April 43.6228 41.3608 42.7936
May 41.3485 40.5794 40.9474
June 42.2149 40.4301 41.2571
July 42.5401 41.5831 42.0755
August 41.7368 40.9951 41.4043
September 42.5716 41.6985 42.0365
October 41.9727 40.7020 41.5933
November 41.7361 40.1451 41.1018
December 41.0088 40.3764 40.7505