YEARLY HIGH
10.7706 XOF
YEARLY LOW
10.5085 XOF
YEARLY AVERAGE
10.6607 XOF

2017 MKD to XOF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the MKD to XOF exchange rate experienced significant fluctuation. The market reached its absolute peak on February 4, valuing the pair at 10.7706. Conversely, the yearly low was recorded on June 29, dropping to 10.5085.

This high-to-low spread represents a total annual volatility of 0.2621 XOF. From a start-to-finish perspective, comparing the January average rate of 10.6928 to the December average rate of 10.6553, the exchange rate registered a net change of -0.35% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 10.7706 was down 0.27% compared to the 2016 peak of 10.8002, 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 53,853 XOF
2016 Average 53,506 XOF
Yearly Trough Low 52,542 XOF
Transaction Impact: A difference of 1,310.44 XOF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

10.6987
10.6279
JanuMarcMayJulySeptNove

MKD to XOF 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 10.6695, compared to 10.6519 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0176 points.

H1 Avg (Jan–Jun) 10.6695
H2 Avg (Jul–Dec) 10.6519

Volatility Range Comparison

Volatility

The most volatile month in 2017 was June, with a trading range of 0.1857 XOF (High: 10.6941 / Low: 10.5085). On the other end, September was the most stable month, with a tight range of 0.0362 XOF (High: 10.6688 / Low: 10.6326).

June Spread (Volatile) ±0.1857
September Spread (Stable) ±0.0362

Growth Streaks & Declines

Trends

Between August and October, 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 July and August, when the average rate fell by 0.0290 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0290

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2017: 10.6745) against the same month in 2016 (average: 10.7273), the exchange rate shifted by -0.0527 (-0.49%).

2017 Avg (February) 10.6745
2016 Avg (February) 10.7273

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 10.7468 10.6197 10.6928
February 10.7706 10.6320 10.6745
March 10.7112 10.6222 10.6688
April 10.7209 10.5550 10.6571
May 10.7081 10.6273 10.6668
June 10.6941 10.5085 10.6568
July 10.7080 10.5725 10.6628
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