2023 CRC to MKD Historical Review

YEARLY HIGH

0.1104 MKD

YEARLY LOW

0.0972 MKD

YEARLY AVERAGE

0.1052 MKD

2023 CRC to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the CRC to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on November 2, valuing the pair at 0.1104. Conversely, the yearly low was recorded on January 9, dropping to 0.0972.

This high-to-low spread represents a total annual volatility of 0.0132 MKD. From a start-to-finish perspective, comparing the January average rate of 0.0995 to the December average rate of 0.1074, the exchange rate registered a net change of 7.88% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.1104 was up 7.17% compared to the 2022 peak of 0.1030, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 552 MKD

2022 Average 455 MKD

Yearly Trough Low 486 MKD

Transaction Impact: A difference of 65.77 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1105

0.0985

JanuMarcMayJulySeptNove

CRC 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 0.1037, compared to 0.1066 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0029 points.

H1 Avg (Jan–Jun) 0.1037

H2 Avg (Jul–Dec) 0.1066

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0056 MKD (High: 0.1042 / Low: 0.0986). On the other end, April was the most stable month, with a tight range of 0.0020 MKD (High: 0.1056 / Low: 0.1036).

February Spread (Volatile) ±0.0056

April Spread (Stable) ±0.0020

Growth Streaks & Declines

Trends

Between July and October, 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 June and July, when the average rate fell by 0.0022 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0022

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2023: 0.1074) against the same month in 2022 (average: 0.0988), the exchange rate shifted by +0.0085 (+8.64%).

2023 Avg (November) 0.1074

2022 Avg (November) 0.0988

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1027	0.0972	0.0995
February	0.1042	0.0986	0.1018
March	0.1068	0.1034	0.1055
April	0.1056	0.1036	0.1048
May	0.1071	0.1026	0.1055
June	0.1071	0.1036	0.1053
July	0.1044	0.1008	0.1031
August	0.1064	0.1027	0.1049
September	0.1091	0.1057	0.1076
October	0.1103	0.1082	0.1095
November	0.1104	0.1058	0.1074
December	0.1084	0.1062	0.1074