2017 CZK to MKD Historical Review

YEARLY HIGH

2.4211 MKD

YEARLY LOW

2.2643 MKD

YEARLY AVERAGE

2.3409 MKD

2017 CZK to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the CZK to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on November 23, valuing the pair at 2.4211. Conversely, the yearly low was recorded on January 2, dropping to 2.2643.

This high-to-low spread represents a total annual volatility of 0.1568 MKD. From a start-to-finish perspective, comparing the January average rate of 2.2771 to the December average rate of 2.4011, the exchange rate registered a net change of 5.44% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 2.4211 was up 4.02% compared to the 2016 peak of 2.3274, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 12,105 MKD

2016 Average 11,388 MKD

Yearly Trough Low 11,321 MKD

Transaction Impact: A difference of 783.96 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

2.4233

2.2638

JanuMarcMayJulySeptNove

CZK 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 2.3006, compared to 2.3811 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0805 points.

H1 Avg (Jan–Jun) 2.3006

H2 Avg (Jul–Dec) 2.3811

Volatility Range Comparison

Volatility

The most volatile month in 2017 was June, with a trading range of 0.0522 MKD (High: 2.3894 / Low: 2.3372). On the other end, February was the most stable month, with a tight range of 0.0099 MKD (High: 2.2860 / Low: 2.2761).

June Spread (Volatile) ±0.0522

February Spread (Stable) ±0.0099

Growth Streaks & Declines

Trends

Between January and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0089 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -0.0089

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2017: 2.4100) against the same month in 2016 (average: 2.2752), the exchange rate shifted by +0.1348 (+5.93%).

2017 Avg (November) 2.4100

2016 Avg (November) 2.2752

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.2840	2.2643	2.2771
February	2.2860	2.2761	2.2795
March	2.2994	2.2680	2.2827
April	2.3257	2.2755	2.2979
May	2.3373	2.2879	2.3174
June	2.3894	2.3372	2.3490
July	2.3823	2.3500	2.3625
August	2.3786	2.3523	2.3624
September	2.3692	2.3555	2.3615
October	2.4063	2.3732	2.3893
November	2.4211	2.3977	2.4100
December	2.4100	2.3904	2.4011