2017 MKD to CNY Historical Review

YEARLY HIGH

0.1296 CNY

YEARLY LOW

0.1175 CNY

YEARLY AVERAGE

0.1238 CNY

2017 MKD to CNY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the MKD to CNY exchange rate experienced significant fluctuation. The market reached its absolute peak on August 3, valuing the pair at 0.1296. Conversely, the yearly low was recorded on March 2, dropping to 0.1175.

This high-to-low spread represents a total annual volatility of 0.0121 CNY. From a start-to-finish perspective, comparing the January average rate of 0.1192 to the December average rate of 0.1268, the exchange rate registered a net change of 6.39% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.1296 was up 5.94% compared to the 2016 peak of 0.1224, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 648 CNY

2016 Average 597 CNY

Yearly Trough Low 588 CNY

Transaction Impact: A difference of 60.58 CNY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.1287

0.1178

JanuMarcMayJulySeptNove

MKD to CNY 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 0.1208, compared to 0.1269 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0061 points.

H1 Avg (Jan–Jun) 0.1208

H2 Avg (Jul–Dec) 0.1269

Volatility Range Comparison

Volatility

The most volatile month in 2017 was April, with a trading range of 0.0040 CNY (High: 0.1224 / Low: 0.1183). On the other end, October was the most stable month, with a tight range of 0.0021 CNY (High: 0.1274 / Low: 0.1254).

April Spread (Volatile) ±0.0040

October Spread (Stable) ±0.0021

Growth Streaks & Declines

Trends

Between February and August, 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 August and September, when the average rate fell by 0.0007 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -0.0007

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2017: 0.1278) against the same month in 2016 (average: 0.1210), the exchange rate shifted by +0.0068 (+5.59%).

2017 Avg (August) 0.1278

2016 Avg (August) 0.1210

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1207	0.1178	0.1192
February	0.1204	0.1178	0.1188
March	0.1209	0.1175	0.1195
April	0.1224	0.1183	0.1198
May	0.1257	0.1219	0.1237
June	0.1256	0.1232	0.1240
July	0.1287	0.1252	0.1267
August	0.1296	0.1268	0.1278
September	0.1283	0.1261	0.1271
October	0.1274	0.1254	0.1265
November	0.1279	0.1246	0.1263
December	0.1282	0.1259	0.1268