YEARLY HIGH
0.0528 XCD
YEARLY LOW
0.0457 XCD
YEARLY AVERAGE
0.0496 XCD

2017 MKD to XCD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the MKD to XCD exchange rate experienced significant fluctuation. The market reached its absolute peak on September 8, valuing the pair at 0.0528. Conversely, the yearly low was recorded on January 3, dropping to 0.0457.

This high-to-low spread represents a total annual volatility of 0.0071 XCD. From a start-to-finish perspective, comparing the January average rate of 0.0467 to the December average rate of 0.0520, the exchange rate registered a net change of 11.33% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.0528 was up 4.85% compared to the 2016 peak of 0.0504, 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 264 XCD
2016 Average 243 XCD
Yearly Trough Low 229 XCD
Transaction Impact: A difference of 35.46 XCD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.0529
0.0461
JanuMarcMayJulySeptNove

MKD to XCD 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 0.0475, compared to 0.0516 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0041 points.

H1 Avg (Jan–Jun) 0.0475
H2 Avg (Jul–Dec) 0.0516

Volatility Range Comparison

Volatility

The most volatile month in 2017 was July, with a trading range of 0.0020 XCD (High: 0.0517 / Low: 0.0498). On the other end, February was the most stable month, with a tight range of 0.0011 XCD (High: 0.0473 / Low: 0.0463).

July Spread (Volatile) ±0.0020
February Spread (Stable) ±0.0011

Growth Streaks & Declines

Trends

Between February and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0007 points.

Longest Streak 7 Mo.
Sharpest MoM Drop -0.0007

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2017: 0.0523) against the same month in 2016 (average: 0.0491), the exchange rate shifted by +0.0032 (+6.43%).

2017 Avg (September) 0.0523
2016 Avg (September) 0.0491

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0474 0.0457 0.0467
February 0.0473 0.0463 0.0467
March 0.0475 0.0461 0.0469
April 0.0480 0.0465 0.0470
May 0.0493 0.0477 0.0485
June 0.0501 0.0489 0.0492
July 0.0517 0.0498 0.0506
August 0.0526 0.0514 0.0518
September 0.0528 0.0515 0.0523
October 0.0521 0.0509 0.0516
November 0.0524 0.0509 0.0515
December 0.0527 0.0515 0.0520