YEARLY HIGH
10.7253 XAF
YEARLY LOW
10.4796 XAF
YEARLY AVERAGE
10.6534 XAF

2017 MKD to XAF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the MKD to XAF exchange rate experienced significant fluctuation. The market reached its absolute peak on May 8, valuing the pair at 10.7253. Conversely, the yearly low was recorded on June 29, dropping to 10.4796.

This high-to-low spread represents a total annual volatility of 0.2456 XAF. From a start-to-finish perspective, comparing the January average rate of 10.6754 to the December average rate of 10.6553, the exchange rate registered a net change of -0.19% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 10.7253 was down 0.05% compared to the 2016 peak of 10.7303, 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 53,626 XAF
2016 Average 53,338 XAF
Yearly Trough Low 52,398 XAF
Transaction Impact: A difference of 1,228.21 XAF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

10.6796
10.6297
JanuMarcMayJulySeptNove

MKD to XAF 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 10.6567, compared to 10.6501 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0066 points.

H1 Avg (Jan–Jun) 10.6567
H2 Avg (Jul–Dec) 10.6501

Volatility Range Comparison

Volatility

The most volatile month in 2017 was June, with a trading range of 0.2001 XAF (High: 10.6797 / Low: 10.4796). On the other end, September was the most stable month, with a tight range of 0.0362 XAF (High: 10.6688 / Low: 10.6326).

June Spread (Volatile) ±0.2001
September Spread (Stable) ±0.0362

Growth Streaks & Declines

Trends

Between March and May, 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 January and February, when the average rate fell by 0.0192 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0192

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2017: 10.6609) against the same month in 2016 (average: 10.6442), the exchange rate shifted by +0.0167 (+0.16%).

2017 Avg (May) 10.6609
2016 Avg (May) 10.6442

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 10.7206 10.6438 10.6754
February 10.6960 10.6286 10.6562
March 10.6940 10.5759 10.6462
April 10.6857 10.5394 10.6534
May 10.7253 10.6132 10.6609
June 10.6797 10.4796 10.6481
July 10.6862 10.5725 10.6523
August 10.6700 10.5652 10.6338
September 10.6688 10.6326 10.6532
October 10.6787 10.6183 10.6535
November 10.6955 10.6351 10.6525
December 10.6857 10.6403 10.6553